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December 15, 2015

5 Tools Every Merchant Should Be Using

As a merchant, you want to take advantage of different tools, systems, and technologies as a means of staying competitive. After all, the merchants that consumers choose to do business with depends on the overall buying experience. Five Critical Tools Loyalty Program—The reality is that without customers, you have no business. To gain loyal customers who gladly tell others about your store, you need to offer a seamless transaction and high level of professionalism. However, to ensure ongoing satisfaction, consider some type of loyalty program in the form of a monthly drawing, promotional give-away, or punching a card with each...Read more


December 7, 2015

How Does Tokenization Work?

To understand how tokenization works, it is important to understand what it is. In simple terms, tokenization when applied to data security is a process in which a sensitive data element is substituted with something non-sensitive known as a “token.” This unique identification symbol retains all of the data’s essential information, but without compromising security. Because tokenization minimizes the amount of data that your business needs to maintain, it has become increasingly more popular for boosting security of e-commerce and credit card transactions while minimizing costs, as well as the compliance complexity associated with government regulations and industry standards. The...Read more


December 2, 2015

Credit Card Processing Fees and How They Work

In credit card processing transactions, fees represent a significant amount of your monthly overhead. Because of this, you need to work with the right credit card processor. After all, by understanding how fees work for credit card processing, you can find options to save. Once information on a transaction is entered, a request goes to the issuing bank, which verifies the account’s standing. If the funds are available, the transaction is approved, but if not, it is declined. Once funds are electronically deposited into the processing company’s account, they are then deposited into your bank account, minus applicable fees. The...Read more


November 16, 2015

Going from Good to Great

Companies that stand out as being the greatest did not reach a high level of success by happenstance. These companies hold the key of going from good to great by following a few simple rules and making appropriate changes.   Although greatness is in the eye of the beholder, to survive and thrive you need a great business that is capable of withstanding the economic challenges of any market, while rising to the top of the industry. More than ever before, it is imperative that you develop sustainable strategies that attract loyal customers and recruit effective leaders to serve those...Read more


November 13, 2015

Five Key Parts of Every Successful Sales Pitch

When it comes to pitching a product or service, there is an art to being successful. As part of establishing and growing a business, sales are critical. However, trying to convince someone that what you offer is superior to what the competition offers is usually a challenge, especially for younger entrepreneurs.   In reality, closing a sale requires effort and dedication that goes beyond running down a list of features and benefits of what you sell. Instead, an effective sales pitch consists of honest conversation in which you show potential buyers ways in which your products and/or services are beneficial.  ...Read more


November 2, 2015

Chosen Payments Receives Kudos from Limo and Buses 4 Sale!

We are humbled and inspired by an article that was just released in the November / December issue of Limo and Buses 4 Sale Publication.  The article discusses a range of ways that Chosen Payments has committed to giving back in the industry, while delivering exceptional service to our customers. Here’s a link to the article, and a big thank you to Limo and Buses 4 Sale !


October 21, 2015

How Working with Chosen Payments Can Benefit Your Business

As a Chosen Payments merchant, you will have access to a wealth of information and superior services. If you choose us for your credit card processor, you can have 100% assurance that everyone at Chosen Payments will go the distance to keep you satisfied and your business secure. Available Services Specific to credit card processing, we offer a comprehensive list of services, including: ACH Transaction Processing Merchant Cash Advance and Loans Social Media Marketing Mobile Application Point of Sale (POS) Integration Software Integration Regardless of which credit card processing service you need most, we provide only the best. Credit Card...Read more


October 14, 2015

Fraud Protection Tips: 3 Ways to Protect Your Financial Information

Identify theft, fraud and stolen financial information are on the rise. However, there are viable ways that you can protect your mobile wallet, passwords, identification log-ins, credit card numbers, and more. Online Safety Especially online, it is critical that you do everything possible to keep your financial information safe. Every day, thousands upon thousands of criminals are on the prowl for their next victim. After obtaining financial information, criminals wreak havoc on people’s lives. In addition to fraudulent purchases, criminals steal proprietary business data and complete identities. For victims, it can take years to recover. When dealing with credit card...Read more


October 9, 2015

Credit Card Processing Tips: 6 Confusing Things about Accepting Credit Cards

As a merchant, there are multiple aspects of credit card processing to understand. While some of these things are clear, several tend to be confusing. Credit Card Confusion Processing Quotes – Pricing tends to be the most confusing aspect of credit card processing because you probably have no idea what constitutes a competitive price quote. Because of this, you are forced to depend on what your sales rep says. Even though you expect your bank to provide all the answers, in truth, these financial institutions know very little about the credit card industry. Therefore, you need a sales rep with...Read more