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Preventing Credit Card Chargebacks
There are many reasons why customers reverse charges (chargebacks) on their credit cards but most of them occur as a result of fraud. Not only can you lose money on a chargeback, but you also pay a fee for each one and if you get too many, your processing account could be closed. Therefore, it's important for you to take steps to reduce fraudulent transactions. First Data Independent Sales (FDIS) can advise you on the best ways you can prevent chargebacks and all of them are relatively easy to institute.
Debit Cards-Top of Wallet
Offer your customers a choice with PIN and signature debit options at the point of sale. The more payment options you offer, the more customers you attract. Linked directly to customer checking accounts, debit cards are one of the fastest growing payment methods today. First Data Independent Sales (FIDS) offers debit processing with signature- or PIN-secured debit cards so customers can access cash, buy goods and pay bills. You'll be able to provide customers with a quick and secure way to pay and have the ability to offer cash back with a purchase. Did you know that PIN debit is less expensive to process than credit cards, so you can save money while offering your customers the payment options they want.
Take Advantage of E-Commerce Solutions
As you know, e-Commerce can be a major source of revenue for businesses. Setting it up can be challenging but when you use First Data Independent Sales (FDIS) as your credit card processor, you know that your e-Commerce transactions will be secure, reliable and scalable. FDIS offers a fully integrated suite of e-Commerce solutions enabling merchants of any size to simply and confidently take full benefit of the new revenue streams provided by e-Commerce, while carefully controlling costs, complexity and compliance issues. Make your e-Commerce transactions as profitable and hassle-free as possible.
Prevent Credit Card Fraud ting Credit Card Chargebacks
Limiting risk and reducing fraud keeps your business growing strong and helps strengthen your customer relationships. At First Data Independent Sales (FDIS), we combine industry-leading expertise with highly customizable solutions to help your business create efficient, long-term risk management strategies as well as short-term, day-to-day tactics. Our highly customizable solutions manage credit risk and help detect, prevent and reduce fraud to allow you to protect your business, protect your customers and develop new and profitable customer relationships.
The Benefits of Gift Cards
Merchants of every type are always looking for an affordable gift card program that is easy to implement and manage. First DataSM Gift Card solutions allow you to cash in on the ever-broadening popularity of gift cards without complexity or significant costs. Merchants who accept gift cards report that 69% of gift card customers spend more on their purchase than the value on the card.* The card increases spending per visit and frequency of visits by people who reload their card* and offer a higher likelihood that the customer will buy non-sale items.** By adding your name, logo and artwork on the card you improve your brand exposure and you also reduce cash returns, gain interest from outstanding balances and lower administrative costs and enjoy improved security compared to gift certificates.
Get Working Capital with the Merchant Cash Advance Referral Program
Could you use an additional $150,000 for your business? In today's economy, access to working capital can be tough. You want capital quickly, without any hassle, and now you can have access to a sizable cash advance! When you accept credit cards with First Data Independent Sales (FDIS), you can easily get access to funds to expand, remodel, buy new equipment, increase advertising and more. FDIS, through a referral relationship, is pleased to introduce you to a premier providerÕs working capital program that provides alternative funding for small to mid-sized businesses.
Cut Your Payroll Costs Today
With Money Network¨ Electronic Payroll Distribution Services, employers can provide their employees the benefits of electronic pay while at the same time reducing administrative costs. The pay-to-the-penny solution includes the Money Network™ Card and Money Network™ Check, enabling employers to easily comply with payroll laws*, while providing a safe and convenient pay alternative for employees.
Electronic Payment Money Saving Tips
Whether your business is already accepting credit cards, or if you're considering it, you should know about important money saving tips you can use to get the most out of your electronic payment processing. Swiping cards in person, obtaining valid authorizations and settling transactions daily will significantly save you money. Another cost saving tip is to reduce chargebacks by keeping copies of your sales transactions and responding to retrieval requests immediately. You should also avoid duplicate transactions by reconciling your batches daily and ensuring that the register/terminal totals match daily receipts. Reducing fraud is another area where you can save money and certain customer behaviors should raise caution. Watch for customers who; purchase a large amount of merchandise without regard to size, color or price; don't ask questions on major purchases; try to distract or rush you during the sales process; make purchases and return to make additional ones; make purchases close to the store opening or closing and refuse delivery on large items.
Credit Card Fraud, Security and PCI Compliance
The Payment Card Industry Data Security Standard (PCI DSS) was created by the five major credit card companies as a guideline to help business owners implement the necessary hardware, software and other procedures to guard sensitive credit card and personal information. First Data Independent Sales (FDIS) has partnered with SecurityMetrics to help you evaluate the status of your account, to assist with any necessary remediation efforts and to certify your account's PCI compliance. In addition to signing up online at http://securitymetrics.com/validation_type.adp, you can also call SecurityMetrics at 800-557-4684. You'll need to identify yourself as a merchant of FDIS.
Electronic Payments Product Innovation
As a leader in the electronic payments industry, First Data Independent Sales (FDIS) is continually developing innovative products that can benefit you and your customers. These products could help increase your revenues while decreasing costs, making transactions speedier and providing customers with additional payment options. We have solutions for every business type or size so you can accept electronic payments anytime, anywhere.
It's Easy to Accept Checks_ with TeleCheck®
For over 40 years, TeleCheck has delivered check acceptance solutions that help merchants accelerate cash flow, lower operating expenses and increase sales. No matter what kind of business you operate, TeleCheck can help you expand your customers' payment options. With the warranty and verification services, you can accept more checks with minimal risk, make fewer trips to the bank, reduce bank fees and processing costs, improve cash flow, streamline back office operations and reduce the risk of lost, stolen or damages checks, while protecting your customers' personal information.
Why Accept Credit Cards?
Allowing customers to pay with plastic isn't an option for today's merchants -- it's a requirement. If you don't accept credit cards, your customers will go some place that does, plus, credit card users often spend more money when using a credit card compared to cash or checks. First Data Independent Sales (FDIS) offers some of the most flexible credit acceptance options in the industry, enabling merchants across the nation to accept nearly every payment option including: MasterCard®, Visa®, American Express®, Discover® Network, PIN-secured and signature debit, gift cards, checks, wireless and eCommerce processing solutions.
Based on your payment processing needs a customized quote is just a phone call away at 1-800-616-1899. You can also email us at: info@fdis21.com with a brief description of your processing needs and we can come up with the best solution for you.
Awards and Rankings
First Data Independent Sales uses First Data's processing engine.
First Data is ranked No. 1 for the Financial Data Services Industry on the Fortune 500 list in 2007, 2008 and 2009.
Global Finance Ranking:
Global Finance ranks First Data as the "Best Electronic Commerce Provider" in its annual Best Treasury and Cash Management Banks and Providers Awards 2007.
Awards: Giftex awards First Data the 2009 Giftex Prepay Innovation Award for the GO-Tag solution.
First Data's GO-Tag solution places second at the 2009 CTIA E-Tech Awards for Mobile Applications & Widgets Mobile Payments.
The International Card Manufacturers Association (ICMA) recognizes First Data at the 2009 lan Awards, selecting the GO-Tag solution as a finalist for Best Other Secure Card Design award as well as a People's Choice award.
First Data is named McDonald's U.S. Technology Supplier of the Year for 2008.