This is the Beacon Payments blog. Learn about the credit card processing and the merchant services industry. Hear about the successes of our outside sales people whose job it is to sell merchant services and sell credit card processing programs.
Most visitors to this page have found Beacon Payments for one reason: Our reputation. We pride ourselves on being one of the highest rated and best merchant services company in the country. Don't believe us? Look it up on the internet. Look us up on the BBB. Look us up on industry review websites. Heck - look on Ripoff report and see what you find. Then look up our competitors.
Sell merchant services as an outside sales job and succeed. It takes more than just getting hired to make it in the credit card processing industry than just getting hired.
The text book answer is this: Residual income is money that you continue to earn on a daily, weekly, or monthly basis after you sell a product or service.
We all know that cold calling is the hardest yet potentially most rewarding way to succeed in our industry. It can be frustrating trying to get in touch with the decision maker - but - it does not have to be. There are resources available to you that will allow you to make your approach much more successful.
Did you know that many merchants are overpaying for their EBT transactions? We can save them thousands of dollars a year just by adding their accounts on to our processing account files!
EBT ( electronic Benefit Transfer cards) includes food stamps, WIC, cash benefits, etc…that are issued on a plastic card that looks just like a credit card. In order to accept these transactions a business owner must register with their state and get assigned a 7 digit EBT number. Once they register they have a few ways they can accept these transactions:
You can clearly see that accepting EBT transactions through our account can be significantly cheaper. A small convenience store running 200 EBT transactions per month will save $55 a month on their EBT sales alone – before we even negotiate their merchant account fees! In addition you eliminate a second terminal from their counter. Use this as a new approach for any store that may still be accepting EBT on a separate terminal!
To learn more about EBT and what businesses can accept these transactions in your state follow this link.