Industry Expert and
Educational Champion
Allowing your customers to pay by credit, debit and/or gift card provides many advantages for you and your business including:
- Not losing a sale because the customer didn't have the cash on hand
- Expanding sales because customers can pay how and when they choose
- Improving sales tracking and reporting through credit transaction statements
- Improved marketing strategies based on tracking of customer purchase habits
Whether you are a relatively new business or a thriving enterprise, there are alternative payment option solutions for your customers that - when you offer them - can help to increase sales including:
- MasterCard® and Visa®
- American Express®
- ATM/debit cards and Discover® Network
Additional payment Options and other services to learn about that can also help sales include:
- Gift Cards
- Electronic benefits transfers (EBT)
- TeleCheck® Check Guarantee and TeleCheck Electronic Check Acceptance® (ECA®) services
- Fraud Protection at point-of-sale
- Online Payment Solutions
Below are examples of different types of credit card options used for different types of payment and tracking purposes.
- Credit Cards A type of card attached to a line-of-credit
- Debit Cards A type of card attached to a demand deposit account (DDA)
- ATM Cards A type of card used for cash advances from an automated teller machine.
- Private Label Cards A card issued by a company that has their name on it and can only be used at that business or at authorized affiliates
- Travel and Entertainment Cards A card used over the course of business related expenses
- Purchase Cards Used in the procurement of business related expenses
- Smart Card A card that has a microchip embedded on it that tracks purchases and other related data
- Contactless Card A card that contains a RFID device to allow for a faster transaction
- Stored Value Cards A card with the ability to load value or store credit
There are many types of businesses that benefit from offering a variety of payment options for their customers including large and small, brick and mortar, and eCommerce such as:
- Automotive
- e-Business
- Financial Institutions
- Government Agencies
- Grocery Stores & Pharmacies
- Health & Beauty
- Healthcare
- Home-Based Businesses
- Mail Order/Telephone Order
- Quick Service Restaurants
- Restaurants
- Retailers
- Travel & Entertainment
- Utilities
- Wireless Merchants
Payment processing fee structures are basically assigned by two types of payment exchange environments:
- Face to Face Transactions refer to payments typically processed in brick and mortar environments.
- Non-Face to Face Transactions refer to payments processed by an Internet-based business, wireless environment, or mail and telephone orders.
Applying to accept credit card payments from customers is easy and available online. In addition to your business contact information, you may be prompted to provide:
- Credit card transaction projections
- Sales interface venues; e.g., face-to-face, mail order, telephone order, and/or eCommerce
Developing a better understanding of the world of finance and eCommerce can represent competitive advantages for you and your small business. Visit the Glossary of Terms page.
While supporting increased sales may be the number one reason for providing your customers with options for buying "when and how" they choose, there are also other significant benefits available to you and your business. FDIS offers:
- One of the highest approval ratings in the industry
- Merchant applications generally approved within two business days
- Real-time online application with electronic signature for most types of businesses
- Premier customer service 24 hours a day, 7 days a week, every day of the year in more than 140 languages and dialects
- Proprietary point-of-sale hardware and software for traditional, home-based, mail order/telephone order and Internet businesses
- LinkPoint® Secure Payment Gateway, one of the most reliable and complete online eCommerce payment solutions
- Mymerchantoffice.com, a unique merchant-dedicated Web site for accessing full account information 24 hours a day, including merchant statements, deposits, retrievals and chargebacks
- The opportunity to join the Merchant Club, an exclusive, value-added loyalty program for FDIS merchants
- Advanced fraud protection services
- Possible increased sales because customers can buy "when and how" they choose
To begin taking advantage of offering your customers credit card payment options, select either option below:
- Apply Online
- Call Toll Free 1-877-852-1270
"First Data Independent Sales is an industry leader in credit card processing for traditional and Internet businesses offering merchants competitive pricing, customer service 24 hours a day, 7 days a week, in 140 languages and dialects, and one of the largest credit card fraud, loss prevention and chargeback departments in the industry."
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