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Saving Time & Money on Your Credit Card Processing ILDA 2009 Presented by: Danny Haggerty Marathon Processing Systems, Inc.

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Presentation on theme: "Saving Time & Money on Your Credit Card Processing ILDA 2009 Presented by: Danny Haggerty Marathon Processing Systems, Inc."— Presentation transcript:

1 Saving Time & Money on Your Credit Card Processing ILDA 2009 Presented by: Danny Haggerty Marathon Processing Systems, Inc.

2 Introduction Thank you. Thank you. Danny Haggerty – Marathon Processing Danny Haggerty – Marathon Processing Recognize Kathi Bretcko & Endorsed Program Recognize Kathi Bretcko & Endorsed Program Share my knowledge with ILDA Members. Share my knowledge with ILDA Members. Saving Time/Money Saving Time/Money Demo of our IP Fusion software. Demo of our IP Fusion software. Q&A Q&A

3 4 Most Common Reasons Members Pay Too Much to Accept Credit Cards. 1. Profile #1 – Unable to Swipe Credit Cards. 1. Profile #1 – Unable to Swipe Credit Cards. 2. Profile #2 – Accepting Business, Corporate, Rewards, Purchasing Credit Card Types. 2. Profile #2 – Accepting Business, Corporate, Rewards, Purchasing Credit Card Types. 3. Equipment/Software Type – Unable to Provide and Keep up with Required Data. 3. Equipment/Software Type – Unable to Provide and Keep up with Required Data. 4. Time is Money, right? – Spend too much time hand keying information and recurring data. 4. Time is Money, right? – Spend too much time hand keying information and recurring data.

4 Most Popular Card Types for the B2B Profile to Accept

5 Equipment/Software Type Companies use to Transmit Credit Card Transactions. Credit card terminals are designed for RETAIL applications/program loads and do not serve in the best interest of members. Most common include: WANTED: Wanted: Wanted: WANTED: Wanted: Wanted: TRANZ 330 Hypercom Omni TRANZ 330 Hypercom Omni

6 IP Fusion for ILDA Members Intuitive Qualification System (IQS) – Ensures that ALL of the required data, regardless of specific card type, is included in every transaction. Intuitive Qualification System (IQS) – Ensures that ALL of the required data, regardless of specific card type, is included in every transaction. Transmits over 15 lines of enhanced data to MC/VISA to qualify transactions at the lowest possible rate (currently over 500). Especially important with more expensive card types… Transmits over 15 lines of enhanced data to MC/VISA to qualify transactions at the lowest possible rate (currently over 500). Especially important with more expensive card types… Credit card machines/terminals are incapable of transmitting the correct information to qualify for the lowest rates. Credit card machines/terminals are incapable of transmitting the correct information to qualify for the lowest rates. Most processing software/online gateways are incapable of transmitting the correct information and DON’T update when new requirements are suddenly announced by the associations. Most processing software/online gateways are incapable of transmitting the correct information and DON’T update when new requirements are suddenly announced by the associations. Burden of “qualifying” correctly removed from the member. Burden of “qualifying” correctly removed from the member. Average member savings of 20%-40% off of the fees. Average member savings of 20%-40% off of the fees.

7 Saving Time with IP Fusion Built-in rolodex securely stores customer’s credit card information versus having credit card information written down and unsecured. Built-in rolodex securely stores customer’s credit card information versus having credit card information written down and unsecured. Credit card processing at your fingertips versus credit card processing inconveniently located and shared with a phone line. Credit card processing at your fingertips versus credit card processing inconveniently located and shared with a phone line. 2-Second authorizations versus up to 2-minutes to key in credit card number, expiration date, address, zip code, etc., etc., etc… 2-Second authorizations versus up to 2-minutes to key in credit card number, expiration date, address, zip code, etc., etc., etc…

8 IP Fusion is Complimentary! Regardless of member size. Regardless of member size. Regardless of processing volume. Regardless of processing volume. Myth: “I have to process a lot of volume to get a good rate and offset the cost of credit card processing.” Myth: “I have to process a lot of volume to get a good rate and offset the cost of credit card processing.” DEMO DEMO


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