The cornerstones of merchant services
When considering what your business needs from a merchant services provider, the business owner is in the driver’s seat. Keep the following in mind as must-have areas for your merchant services.
Mobility. Our consumer-driven world is on-the-go more than ever. For brick-and-mortar retailers, keeping up is a must. Mobile payments solutions are easy to setup and operate for businesses, while creating safe, convenient, and seamless checkout experiences for your customers. Apple Pay, Android Pay, Google Pay? Accept them safely and securely. Mobile acceptance solutions allow you to accept credit card payments virtually anywhere with dedicated mobile devices, smartphones, and tablets. Worldpay keeps you prepared for the mobile present, and future.
Safety and security. You don’t need to be told how important security is. You’ve worked too hard to compromise the reputation of your business, your bank account, or your customers’ goodwill. You definitely don’t have time to worry about fraud. That’s the job of merchant services. Your job is to pick the one you can trust. Successfully processing over 40 billion transactions annually, Worldpay merchant services understands that fighting fraud means making sure the bad guys never win, while maximize payment acceptance. Worldpay offers fraud and data security protection services that keep your business safe, so you can focus on pursuing your dreams.
Reporting. As your business grows and you have more inventory, more locations, and more staff, you’ll want more robust reporting to go along with it. Worldpay offers world-class reporting and data analytics. Better yet, we provide reporting tools that help you track and reconcile inventory data and allow you to reconcile payments and sales data with other back-end intelligence, like accounting.
Marketing. Credit card acceptance, payment processing and merchant services should be important tools in helping you make money. Worldpay’s merchant services reporting lets you know who your customers are and how they spend goes a long way in defining incentive and loyalty programs—letting you reward your retail customers, and gain more of them.
A final word on costs
Merchant services that offer demonstrated value represent a critical investment in your business. Merchant service providers come in many stripes, and each pursues business models in their own interest. Your job as an informed and educated consumer is to cut through the headlines in order to understand the true cost of merchant services.
Beware the simplest solution. Stark simplicity is alluring, but can be costly. Those costs can come in the form of limited options to fit your business, putting the brakes on growth. Those costs are also often quite literal, as some of the simplest services often charge exorbitant rates.
Other seemingly low-cost solutions have fees scattered about like monthly minimums and obscure administrative fees, while providing no added value in the merchant services they offer.
Creating world-class customer experiences starts with a conversation. Your customers demand options to pay the way they want, seamlessly. In a customer-centric world, those options demand a flexible response as diverse as the world itself. Worldpay, a leader in global commerce, understands the power of conversation, and the importance of providing flexible options that start with listening to the unique needs of every merchant. We look forward to listening to your needs.