Entries tagged with “Merchant Account”.

ProPay is driven to make the payment process easier, safer, and more efficient for consumers and businesses. The MasterCard MasterPass digital payment solution is a great example of how ProPay is partnering with the best financial services companies in the world to provide a variety of integrated payment services.

MasterCard MasterPass allows consumers to securely store MasterCard and other branded credit, debit and loyalty cards, as well as shipping addresses all in one place, making for a more seamless checkout process. There is no longer a need to manually enter or reenter payment or shipping information, so completing a transaction is simple and convenient.

The checkout process often makes or breaks a consumer’s overall purchase experience. Getting it right can mean gaining another loyal customer. Getting checkout wrong can mean at best, frustrated consumers who persevere and become customers, or worse consumers who abandon the transaction and move on to do business with someone else.

Customer experience is the new battleground for businesses. The businesses that get it right will win. The businesses who don’t focus on experience will struggle. ProPay and MasterCard MasterPass offer a combined solution that makes it easy to create a positive customer experience. In addition to better experience, the combined solution also provides powerful fraud protection, and is accepted around the world.
ProPay offers multiple ways that businesses can accept payment and provide consumers with the secure, secure transactions they desire. ProPay and MasterCard MasterPass offer a powerful, seamless payment combination.

For more information visit www.propay.com, email sales@propay.com, call 888.227.9856.

This holiday season ProPay wants to recognize those people who simply make the world a better place through our ProPayitForward Campaign with a Visa gift card in the amount of $250 USD. Chances are you know someone who has those amazing qualities that brighten a dull day, can always be counted on or selflessly give of themselves in any situation. The ProPayitForward campaign is designed to recognize people in these three categories:

The Radiant – People who embody positive energy and attitude. That kind of infectious, positive spirit that seems to lift up everyone around them.

The Dependable – The person you know will pick you up in the middle of the night at the airport in a blinding snowstorm or support whatever you need no matter what the circumstances.

The Generous – Those friends or family members who will be the first to volunteer to help you move, support someone who is struggling and do whatever it takes to be there for others.

Know someone who fits one of these descriptions? Simply post on the ProPay Facebook wall, tag ProPay and the person being nominated. Use the hashtag #ProPayitForward and explain why the person you’re nominating deserves to be recognized.

People like these improve the lives of others in so many ways, large and small. It’s an honor for ProPay to recognize these everyday heroes during this holiday season. Nominate someone you know today!

Everyone is trying to make sense of Gen-Y, also known as Millennials, a population typically defined as those born between 1980 and 2000. This group has grown up with technology, a recent survey found that 97% of students in this demographic owned a computer, 94% owned a mobile phone, and 56% owned an MP3 player. They’re comfortable with technology and prefer electronic payment options.

Staying in synch with Gen-Y customers means being prepared to do business in their preferred digital channels, often debit or credit cards. ProPay makes this easy for financial institutions through our LenderPay service. LenderPay allows borrowers to make auto loan or mortgage payments quickly and easily with their Visa, MasterCard, Discover or American Express cards. Customers can fund accounts without being subjected to expensive cash advance fees. Credit unions can accept credit card and debit payments from borrowers without paying transaction fees.

Financial institutions must also balance PCI compliance issues, management of late payments from customers and integration of new hardware or technologies. LenderPay from ProPay makes it easy to offer the kinds of payment options that are so important to Gen-Y and others easily and efficiently.

If your institution isn’t convinced of the importance of serving Gen-Y well, consider this; the Census Bureau projects that the Millennial population was 74.8 million in 2014. By 2015 Millennials will increase in size to 75.3 million and become the biggest group. If your financial institution isn’t serious about embracing Gen-Y, you will be ignoring the largest population of buyers. The good news is ProPay is here to help you seamlessly support the evolving needs of this important audience. Contact us today to learn more about LenderPay.

Click here to learn more about LenderPay. Call 888.227.9856 or email sales@propay.com.

If you’re a member of one of the many wonderful direct sales organizations you know how important it is to have an effective payment solution. Even with amazing products your sales performance can be negatively impacted if the payment portion of your buying experience is lacking.

ProPay works extensively with direct selling organizations, is an active member of the Direct Selling Association, and understands the unique needs of this progressive market. If you’re new to direct selling or haven’t considered the importance of a solid payment partner, we’d like to share a few thoughts.

Seize the moment – Regardless of which type of direct selling organization you’re part of, they all share an element of timing. Whether it’s starting someone on the path to building their own business or providing a real-time opportunity to purchase products they’re excited about, nothing is worse than clumsy or broken payment processes derailing a positive experience.

Credibility – Sometimes potential customers are unsure about doing business with a direct selling company. Creating confidence is essential at these critical times. Scribbling down credit card numbers or fumbling with manual data entry doesn’t instill confidence and can create concerns for potential customers.

Access to funds – It’s frustrating to have your commissions locked away in some confusing back office process leaving you waiting weeks or months to get access to your hard-earned funds. ProPay offers solutions that can provide near-instant access to your commissions.

A partner who gets it – As mentioned above, ProPay is a veteran of the direct selling industry. We know the business and all it’s variations better than anyone in the payment industry and have proven our value over the years to the largest and most respected direct selling organizations.

As a direct seller you’ve selected a company you believe in with products you feel passionate about. It’s important to apply that same level of consideration to your payment partner. ProPay is the payment partner you can believe in.

Click here to learn more about our solutions for direct sellers. Call 888.227.9856 or email sales@propay.com.

Trends in wallets have come and gone. Some people go for large sizes, others prefer the comfort and minimalism of a slim-line model. Fine grained leather drew some, while others have gone for fun and funky printed options. For a while, even wallets made with duct tape were widely popular. But, there’s one choice that many will be making as their current wallets wear out: whether to buy a new one at all. The mobile payment trend

The Mobile Payment Trend

More and more people are putting away their wallets in favor of simple and secure mobile payments. Last year, purchases made using a tablet or a smart phone rose by 48% to $8 billion during the second quarter of the year. That was the speediest increase in mobile spending since the first quarter of 2012 and three times the growth that desktop commerce saw during that same span of time. It is estimated that, by 2020, over three quarters of the world’s online transactions and 50% of money spent will be spent through mobile payments.

Our phones are taking the place of many common accessories. How many people do you know who still wear a wristwatch? Do you use an alarm clock, or do you use the alarm on your phone? Do you still use a paper planner, or have you, like many, switched all your scheduling to an app like Google Calendar? As more and more areas of our lives become concentrated on our favorite handheld devices, it only makes sense for payments to go there, too.

Gen-X Wants Mobile Payments

And, the groups that are most likely to do this are busy Gen-Xers and tech-friendly Millennials. Millennials, those people born between around 1980 and 1999, make over half of all mobile payments.

They are comfortable using their phones to split the check at restaurants with their friends, paying for goods at the farmer’s market, buying groceries, gas and more. Generation X is nearly as mobile-friendly, preferring a streamlined way to deal with payments and the ability to have all of their financial information in one easy place.

Mobile payments are more secure than ever. And, digital wallet programs give users a simple interface that allows them to access multiple accounts, gift cards and even loyalty programs all in one place.

Growing Businesses Need Mobile Payments

When your customers learn that you support mobile, you will give them one more reason to shop with you. They know that they don’t have to worry about having cash on them or about whether you take their card of choice.

When looking for a mobile payment processor, it’s important find a service that offers multiple ways to get paid. ProPay’s merchant account provides 10 different ways to accept credit cards, giving small businesses the freedom to find a solution catered to their customers and business. It is also vital to keep customer’s payments secure. ProPay offers end-to end data encryption and tokenization to keep your customers safe and happy.

Mobile payments are not just the future; they’re already here. And soon, physical wallets will disappear like the pocket watch. By adapting to this change early, you can be there when the bulk of customers catch up and give them what they want when they’re looking for a safe and convenient way to pay.