Wednesday, July 14, 2010

A Worldwide Credit Card Processing Company Has Just Partnered with Canada

Worldwide Merchant Services LLC has just signed on a new contract with a Canadian processor which will bring tremendous values and savings across the entire board in the credit card processing business.

WMS will buy out businesses current Canadian leases and contracts. In doing so will substantially reduce their current rates and increase their bottom line. With WMS offering its new program it will allow Canadian merchants that are paying over-the-top Canadian leasing prices and very high Canadian discount rates to save hundreds if not thousands of dollars on their current contract.

Canada as a country received very low technology rankings on a recent study. Not only do they receive under par services but they pay higher pricing just to have it. A professor at the University of Ottawa said he wasn’t surprised of the results of the study; countries all around the world typically get far better deals with superior services than what the Canadians experience right now. Frankly, the Canadian market is far behind when it comes to credit card processing.

The technology and the streamline modern processes is what WMS is now contributing. Because WMS is based in the United States they have the leverage and the innovation that no other Canadian merchant servicing company can offer today. This combination makes for an ultimate merchant account that is second-to-none for Canada businesses.

Tuesday, July 13, 2010

Richard A. Kasey is the proud Owner and CEO of Worldwide Merchant Services

Just a little side note, he has a tattoo that reads Jesus is his real Superman!

Richard A. Kasey is the proud Owner and CEO of Worldwide Merchant Services since 1996. He fell in love with this business when he realized the massive benefits to the consumer. He became aware of the importance of having a streamlined process to take payments via internet or in-store and that his client’s profits were incredible; when they studied businesses throughout the country with and without these payment gateways. The results were outstanding; the findings were that with the businesses that had a payment procedure in place producing 80% more in revenues than without. Voila! Rich was hooked. His goal was to provide merchant services worldwide and to contribute to the business industry as well as setting himself apart from his competitors in customer service. Fifteen years later his dream is still being realized as he makes this possible for businesses every day. He truly has a passion for this industry and satisfying his clients and it shows when you initially talk to him and throughout the application process and on to building long term business relationships internationally. Richard is a big thinker and always strives to improve your business… participating in building your successes each day.

On a personal note, he is a family man with four children and a true Californian. He loves the outdoors and is from the San Diego area. He loves sitting by the beach or strolling along the boardwalk and as always… stopping in the local beach bar & grill for fish tacos and a Corona! Although, he currently resides in Las Vegas, Nevada and loves the nightlife, he prefers spending time with family at home or taking trips to Northern California or Oregon for camping and fishing every chance he gets!

So, there’s a little about me and as you can see I am probably just an ordinary Joe just like you! Thanks for stopping in and getting to know me! Looking forward to getting to know you also!

Saturday, July 10, 2010

Payment Gateway & Virtual Terminal Information



A few very important things you need to know about a payment gateway and about a virtual terminal. First of all, what are they and why does my business need it? Let’s answer those questions for you in simplified terms.

Payment processing is the electronic means of exchanging account information from the store level to your payment gateway originating through a credit card purchase which initiates a secure encrypted transaction request electronically sent to the gateway allowing the transcation to clear. Your payment gateway then immediately corresponds with your merchant account, which corresponds with your financial institution in real time. This process typically takes less than a minute.

A payment gateway allows your business to make payments transactions to a payment processing system electronically, which is through an automatic clearing house called an ACH. An ACH is a secure payment transfer system that connects all US financial institutions. The other payment processing system is through the credit card interchange, which in essence is the clearing process of credit card transactions. They also settle and manage these transactions.

If you are an online merchant your website should be set-up with an online catalog and a shopping cart. Consumers shop from the comfort of their home and at any hour of the night and day with a click of a button. If your store doors are not open after 5:00 p.m…. not to worry, your online shopping is open 24/7. An additional way to triple your business profits.

What is a shopping cart? A shopping cart allows consumers to purchase items from your business website via online and is connected to that payment gateway which is connected to your internet merchant account which is connected directly to your financial institution. Again, getting that money electronically in your account in seconds.

What is a virtual terminal? It is a virtual point of sale terminal, which is another secure method of processing payments using a computer. This method allows you to key in the consumers information, which is bundled with a payment gateway that enables you to process a credit card transactions over the internet. This process is necessary for a business that processes a majority of orders via phone, mail order or fax.

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It is imperative for your business to be able to process payments in an array of different ways to accommodate each and every consumer. Plain and simple! In exchange for nonminal processing fees you get rewarded by the added profits. In this market you must be set-up correctly in order to make the most money from your business. If you are unable to process a payment via check the customer walks away, if you are unable to process a credit card payment that customer walks away, if you are unable to process a debit card, guess what? Your customer will walk out or go to another website that can accommodate that purchase. Each purchase whether is be for $5.00 or $500.00 adds up to money in your pocket. Get the picture? This is why you are in business to make money… bottom line, literally! So be sure your  business is set-up efficiently in advance and you will be running smooth prior to your Grand Opening.





Attention Bar Owners That Want to Increase Their Gaming Floor Cash Flow

For Release July 2, 2010


A local Las Vegas merchant company has started a partnership to supply cash advance machines for bars and taverns so that they are able to get cash back on the gaming floor quickly and more efficiently. With the newest state of the art touch screen terminal in their facility this will allow for a debit card or credit card to maximize balances even after the customer’s daily limit has been reached resulting in more cash immediately in the hands of the customer so that they can keep playing.

It is a pretty simple error free secure system that their customers will appreciate. The process takes just a few minutes starting from a swipe, scan, receipt and cash in hand! Recently, these machines were featured and on display in action at the Global Gaming Expo. These systems or the like are being utilized at some of the major hotel and gaming casinos such as: The Paris, Planet Hollywood, Rio and Caesars Palace.

Businesses lose money every day when their customer’s debit card at the ATM machine has reached its limit or has inactivated a card due to bad pin tries resulting in loss of business revenue. That customer may still have money in their account but doesn’t have access to it. This system alleviates that scenario and allows not only for automatic cash to the customer but allows for more money on your gaming floor immediately by rolling the transactions into a point of sale debit or a credit card advance gives them cash access.

Automated cash access is a critical part of business productivity. Any down time at all is costly and it is imperative for gaming operations to offer accessible ways to their customers money and as securely and reliable as possible. This system is the smart choice for those seeking to place the most advanced solution on their casino floor.

There are different kiosk types to choose from including various designs either freestanding, countertop or wall mounted, whatever suites your establishment. The benefits of the cash advance terminal system are numerous and obvious but to name a few: players are going to spend more time gaming, it will increase cash flow for all transaction types, it allows customers to receive funds for cash advance transactions electronically and eliminates errors with the drivers license reader. Customers want convenient and immediate.