Services Provider

How to Become a Merchant

For anyone that is keeping tabs on the merchant services industry and the role it plays in our everyday lives, it is clear that becoming a merchant services provider is more than just a career–in the right hands it can be a ticket to freedom. If you want to work in a career with unlimited income growth, promising industry prospects, and a low startup cost, then being a merchant services provider might be the right choice for you. A merchant services provider is surely an appealing career based on the many benefits that come along with being in this industry, but becoming one is still a bit of a mystery to those that desire this career. If you want to become a merchant services provider, then follow along with our guide of how to become a merchant services provider that offers more insight into the process.

Breaking Down the Process

The process of becoming a merchant services provider can be broken down into three main parts. If you are able to follow these main parts of the process, then you will have more success and a much easier time making sure you are setting your merchant services business for success. Here are the three main components of any plan to become a merchant services provider and what you can expect within each part of the process.

Preparation & Paperwork

The first step to making sure your merchant services business has the foundation that it needs is the preparation & paperwork stage. In this stage, you will be filling out and filing the necessary paperwork as well as creating a business plan. This lays a strong foundation for your business that will help you to go through all the other steps more seamlessly

Incorporate Your Business

The next step once you have created the idea for your business is to incorporate your business. This means that you will be going through the proper federal and state channels to register your business as the correct type of venture. This is a very important step, as it will ensure you are compliant with all registration and paperwork requirements with governing bodies.

Create a Business Plan

The first thing that you will want to do is to create a business plan for your merchant services provider business. This will include things like your services, strategy, outlook, and other details that are relevant to your business. Creating a high-quality business plan will lay the foundation and road map for your business that will help you to clearly envision what you are trying to achieve and ensure that you have a document to refer to when you need guidance.

Connection & Contract

Once you have the paperwork foundation laid for your merchant services provider business, the next step is to start making the business arrangements that you need in order to actually provide your services. For merchant services providers, these arrangements are numerous, so you want to be sure that you are being diligent and have all the right arrangements in place. Here are some of the connections and contracts that you will have to enter into.

Request Approval From Discover

When you are a merchant services provider, you will have to make sure that you have gained acceptance from all the major credit cards to provide processing for these cards. Discover is undoubtedly one of the most important that you will work with in your time as a merchant services provider. To process payments with Discover, you will have to request approval through a meeting with a Discover representative. This will also give you access to Diner’s Club and others.

Marketing & Business

When you have laid all the foundations of paperwork, agreements, registrations, and contracts out, the marketing & business side of being a merchant services provider is what remains. Many consider this to be the most difficult part, but luckily there is a proven blueprint for getting yourself started. Here are the steps that you should take if you are looking to kick start your business and get started with marketing your merchant service business.

Literature & Marketing Materials

The next step is to start acquiring literature and marketing materials for your merchant services business. These will help you to connect with others and provide them with easy-to-access information about your business. With the right literature and marketing materials in hand, you’ll be able to effortlessly provide your customers with the information that they need about your business and services.

Client Outreach/Sales

When you have all of your marketing efforts organized and the resources that you need on hand, then you are ready to start the process of client outreach and making sales. Make sure that you can establish a reliable funnel of leads and convert them with a high-quality sales team. This is the key to success in merchant services sales.

Point of Sale Systems

Upgrade Your Business and Grow

Our POS includes everything merchants need to manage, grow and optimize their business, all in a compact point of sale system that’s easy to set up and use. Available in two models, the POS’ key components include an intuitive touchscreen tablet, EMV/NFC-enabled payment device, and robust software featuring powerful inventory management, reporting and marketing tools.

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Manage Your Business

Manage transactions, inventory and profitability online with back office reporting.

Grow Your Sales

Features like integrated marketing and tipping ensure you’re optimizing revenue.

Choose Your Model

To meet specific business needs, Our POS comes in a countertop model and a flexible, mobile model.

Touchscreen Terminals, POS Systems, Retail Solutions

Our POS solutions consist in PC-based hardware and open-system equipment which provide management and till functions to any point of sale and point of service: food and non-food stores & shops, retail outlets, superstores and supermarkets, catering and hospitality businesses, snacking and take away outlets, leisure and sport venues, etc.

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  • Front and back office systems
  • Associated & coordinated peripherals     
  • Digital signage and display equipment
  • allowing easy installation and maintenance, on the long run.
  • Integration of the most advanced technologies
  • Reliability and durability are guaranteed  through appropriate selection of components
  • Modular architectures enable customization, flexible and up gradable equipment,