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Saving Time & Money on Your Credit Card Processing ILDA 2009

Saving Time & Money on Your Credit Card Processing ILDA 2009. Presented by: Danny Haggerty Marathon Processing Systems, Inc. Introduction. Thank you. Danny Haggerty – Marathon Processing Recognize Kathi Bretcko & Endorsed Program Share my knowledge with ILDA Members. Saving Time/Money

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Saving Time & Money on Your Credit Card Processing ILDA 2009

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

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

  3. 4 Most Common Reasons Members Pay Too Much to Accept Credit Cards. • 1. Profile #1 – Unable to Swipe Credit Cards. • 2. Profile #2 – Accepting Business, Corporate, Rewards, Purchasing Credit Card Types. • 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. 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: TRANZ 330Hypercom 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. • 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. • 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. • 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. • 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…

  8. IP Fusion is Complimentary! • Regardless of member size. • 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.” • DEMO

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