For a slide show explaining PCI Compliance go to http://www.paymentconsulting.net/New%20directory/slide%20show%20b2b%20PCI%20COMPLIANCE%20AND%20WHAT%20IT%20MEANS%20TO%20YOU.pdf

Hi,

I have a word of caution for you, This is in tune with my personal motto in regards to the less then honorable payment processing industry. “I’m not your enemy I’m your advocate!”

Last year Amex rolled out a new program that pays residuals to cc processors called “One Point” The old and preferred setup you should be on is called “AXP Direct.” AXP direct does not pay residual income to processors but is far more advantageous to you the merchant. It sounds good as the processor tells you “now all of your Amex will be on your MC/Visa statement and you won’t have to wait an extra day for your money as it will be batched along with your MC/Visa funds! Canal water! While true I would never put a merchant on One Point as it would be a disservice.

What they don’t tell you is that

-now your daily & monthly Amex transactions will be counted towards your volume limits. There are no concrete limits with Amex Direct as they hold both sides of the transaction so they have the best knowledge as to the cardholder being good for the charge.
-if you get a chargeback you will have to fight the chargeback though your MC/Visa processor’s chargeback department. Even if they have a great and conscientious chargeback department (rare) you are still better having Amex deal with your chargebacks because they usually decide in favor of the merchant unless you are clearly in the wrong.

Again I stress make sure you are not on “One Point.” If you have any doubts contact me and I will assist you.

—
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax
http://paymentconsulting.net/
http://chicago.citysearch.com/review/44659273
http://paymentconsulting.net/funding.html
JOHN 3:16 For God so loved the world, that he gave his only begotten Son,
that whosoever believeth in him should not perish, but have everlasting
life.
These days we are facing an economic crisis and need to prepare ourselves
more effectively for the recovery – to discover opportunities, identify
potential partners looking for opportunities, looking for a reason to hope.
Now it’s a good idea to ask: how could my product/service provide
opportunities in today’s economic climate?

Talk to us and find out why & how for the first time your processor can tell you

“I’m not your enemy-I’m your advocate!”

Hi,

If your business is in the area I’d like to recommend a meeting on Tuesday January 18th at 8:00AM – 9:00 AM at Clauss Recreational Center. 555 Bryn Mawr in Roselle. Meeting is on lower level. There will be a gourmet catered breakfast at no charge to you. I have been to different networking meetings and they always seem to be a bunch of salespeople trying to sell each other something. Plus the fees are very reasonable to join!

Community Business Partners http://cbpart.net/ is a group of hard working people who for the most part are business owners. The meetings are fun without being overly structured or orchestrated and many leads are passed. If you do decide to join and are accepted it will be a good decision on your part.

Let me know if you can make it!
—
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax
http://paymentconsulting.net/
http://chicago.citysearch.com/review/44659273
http://paymentconsulting.net/funding.html
JOHN 3:16 For God so loved the world, that he gave his only begotten Son,
that whosoever believeth in him should not perish, but have everlasting
life.
These days we are facing an economic crisis and need to prepare ourselves
more effectively for the recovery – to discover opportunities, identify
potential partners looking for opportunities, looking for a reason to hope.
Now it’s a good idea to ask: how could my product/service provide
opportunities in today’s economic climate?

I see no problem at all with USA children having Santa in their lives when they are small. My children even to this day as grown ups appreciate the fact that they were told there was a Santa out of love and as they got older and realized we were continuing the Santa thing never felt “betrayed.” I actually feel sorry for believers who are so paranoid about their Christianity that they obsess about Santa and similar things. If one’s Christianity is this fragile there are deeper problems. When you think about it if you tell the kids that Santa brings the gifts you are unselfishly giving gifts to your kids that you can take no credit for.. If you teach them there is no Santa they are going to feel isolated from their friends and their friends will think they are strange. To quote our pastor “if people think you are weird who wants to be like you?” In other words its hard to witness to folks who have no desire to be like you. When my oldest daughter was a little girl one adult told her there was no Santa because this adult was too selfish to give Santa the credit for the gift. That really upset me so that year I began dressing like Santa and have done it every year for the last 28 years. In our family Santa brings the gifts just before Christmas dinner. Also everyone still gets Christmas stockings even my 41 year old son! With kids and grandkids that’s 15 stockings now plus one for the dog! Its also a witnessing opportunity as each “child” gets a book that deals with Christianity and believing. In past years have given Tony Dungy & Joe Gibbs books to appeal to the guys and similar for the girls also children s Bibles and this year “The Real George Washington” This year the question of why I still did Santa came up so I searched though a box of old papers and found the original letter Santa wrote to my little girl 28 years ago. When I realized I had found it my hands trembled as I opened the envelope! I read it Christmas Day and broke down crying so one of my daughters finished it but all eyes and ears were glued to us. Attached please find Santa picture, original Santa letter and the verses I read before Christmas Dinner.

Hi,

If your business is in the area I’d like to recommend a meeting on Tuesday November 16th 8:00AM – 9:00 AM at Clauss Recreational Center. 555 Bryn Mawr in Roselle. Meeting is on lower level. There will be a gourmet catered breakfast at no charge to you. I have been to different networking meetings and they always seem to be a bunch of salespeople trying to sell each other something. Plus the “franchise” type organizations have very high fees.

Community Business Partners http://cbpart.net/ is a group of hard working people who for the most part are business owners. The meetings are fun without being overly structured or orchestrated and many leads are passed. If you do decide to join and are accepted it will be a good decision on your part.

Let me know if you can make it!

—
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax
http://paymentconsulting.net/
http://chicago.citysearch.com/review/44659273
http://paymentconsulting.net/funding.html
JOHN 3:16 For God so loved the world, that he gave his only begotten Son,
that whosoever believeth in him should not perish, but have everlasting
life.
These days we are facing an economic crisis and need to prepare ourselves
more effectively for the recovery – to discover opportunities, identify
potential partners looking for opportunities, looking for a reason to hope.
Now it’s a good idea to ask: how could my product/service provide
opportunities in today’s economic climate?

States, DOJ Reach Agreement with Credit Card Networks over Anti-Competitive Merchant Restraints

Consent decree encourages competition, benefits merchants and customers

AUSTIN – The State of Texas, six other states and the U.S. Department of Justice today resolved a lengthy antitrust investigation into the anti-steering and non-discrimination rules of MasterCard International and Visa Inc. Under a federal consent decree filed today in a New York federal court, the longstanding rules governing MasterCard and Visa’s relationship with merchants will be substantially altered.

State and federal authorities investigated whether MasterCard and Visa’s non-negotiable rules, policies, and practices – known as “merchant restraints” – insulated the defendants from competition. The consent decree prohibits the defendants from enforcing rules that prohibit merchants from encouraging customers to pay with a competing credit card or with cash, checks or debit cards. The consent decree also restricts rules that prohibit merchants from promoting a particular type of payment through customer discounts, rebates, or free goods and services.

Media links

Enforcement action against Mastercard, Visa, and American Express

Stipulation

Proposed Final Judgment

Rules imposed by MasterCard and Visa required that banks’ contracts with merchants contain provisions that prevented vendors from discouraging the use of a Visa or MasterCard that is subject to higher interchange fees. Interchange fees – which are sometimes called ‘swipe fees’ – are the prices that Visa and MasterCard’s network of issuing banks charge merchants for processing credit card sales. In 2009, Visa and MasterCard issuing banks received approximately $35 billion from swipe fees.

As a result, merchants who accepted credit cards were forced to charge all customers higher prices in order to cover the costs of accepting credit card transactions – especially premium credit cards that offer benefits such as airline miles or cash-back bonuses. Sellers were effectively prohibited from informing their customers about the costs associated with using a credit card. The defendants’ unlawful rules and contracts prevented merchants from encouraging buyers to use less costly forms of payment. According to antitrust investigators, customers who used food stamps, cash, checks or debit cards ended up subsidizing credit card holders and indirectly subsidizing the entire credit card industry.

Today’s consent decree prohibits the defendants from imposing any rules or agreements that restrain merchants from encouraging customers to pay with a competing credit card or with cash, checks or debit cards. Permissible practices under today’s decree include merchants’ use of discounts, rebates, or free products or services if the consumer uses a particular type of card or form of payment.

Merchants are also expressly authorized to promote a particular type of credit card or other form of payment through posted information or other communications to customers, including communicating the cost of accepting a particular form of payment. The consent judgment dictates specific re-written language for Visa’s no-discount rule and MasterCard’s non-discrimination rule.

In addition to Visa and MasterCard, state and federal authorities also filed antitrust legal action today against American Express over its anti-discrimination rule. That litigation is ongoing as American Express did not enter into today’s consent decree.

FOR OTHER ITEMS ASSOCIATED WITH ATTORNEY GENERAL ANNOUNCEMENTS, ACCESS OAG NEWS RELEASES ONLINE AT WWW.TEXASATTORNEYGENERAL.GOV.

http://medicine.arizona.edu/spotlight/learn-sarver-heart-centers-continuous-chest-compression-cpr

This test has been in the news quite a bit

http://features.pewforum.org/quiz/us-religious-knowledge/

—
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax
http://paymentconsulting.net
http://chicago.citysearch.com/review/44659273
http://paymentconsulting.net/funding.html
JOHN 3:16 For God so loved the world, that he gave his only begotten Son,
that whosoever believeth in him should not perish, but have everlasting
life.
These days we are facing an economic crisis and need to prepare ourselves
more effectively for the recovery – to discover opportunities, identify
potential partners looking for opportunities, looking for a reason to hope.
Now it’s a good idea to ask: how could my product/service provide
opportunities in today’s economic climate?

Hi,

Here is info on the best ACH solution that there is in my opinion. Their pricing, customer service and integration is far superior to other products on the market in my opinion.

Let me know if you want to explore.

Cheers!

Bill

Hello Bill

It was a pleasure speaking with you earlier today, thank you for your interest in EFT Canada.  Below, I have included some information regarding EFT Canada & the service we provide.

EFT Canada is a Canadian publicly listed company (TSX-V: EFT) that gives its clients the ability to electronically process debit/credit transactions in the US & Canada.  EFT Canada’s no up front fee software with free customer support and training, can facilitate all your transaction needs, including 24/7 data entry, transaction management and detailed reporting access

Using our platform, clients have the ability to electronically collect or disburse payments including bills, material payments, and payroll, in addition to many other business transactions. This method of electronic collection offers an easier, more reliable and cost-efficient alternative to paper-based collections and disbursements that puts the client in control of the entire process.

EFT Canada deals with many (different) companies/industries across the US & Canada in debiting their customer’s bank accounts for their monthly service fees/dues, while others utilize our service in crediting their employees’ bank account for their weekly, bi-weekly or monthly pay cheque (direct deposit).

I have attached an application, Power Point Presentation & overview of our EFT services for your review.

I can ballpark your costs, however our underwriting department makes the last decision.

Set up- $199.95 (one time fee)

Monthly- $ 19.95

Transaction Fee – .15 – $1 (based on company profile, monthly transaction volume, product/service, current pricing, etc)

NSF Fee – $1 – $10 (based on company profile, monthly transaction volume, product/service, current pricing, etc)

Highlights of our system

-No file fees – savings $10/file

-No charge to edit, delete, void, and hold transactions (savings of $7.50-$75)

-Full customized reporting (big savings, as banks usually charge per page)

-Unlimited training & support available (priceless!)

-Software- $0

Highlights of EFT Canada

Some simple highlights of our service/company are as follows:

1. Our company has processed in excess $1B in the past 12 months

1. Clients have the ability to enter transactions using an excel template, SFTP (text/csv file), and by simply typing transactions into our virtual terminal page;

1. EFT Canada handles all customer support, training, and file processing;

1. Clients have the ability to set dollar limits using our dual authorization functionality per user (similar to a 2 signature cheque);

1. EFT Canada complies with all FSCO and other financial institution security regulations.

1. No charge for any edits , deletes, voids, holds, push payments or reporting

1. EFT Canada is generally up to 50% less expensive then the banks

1. Received 2007 & 2008 ranking on the Profit Hot 50 for Canadian Emerging Companies

Our pricing, software & support cannot be matched by the bank.

Bill – Let me know your availability for a call next week. Once you speak with your client, please provide a few (available) dates/times. If you do not have a conference # available, let me know & I will forward one

Should you have any questions, please feel free to contact me anytime.

Thanks

Have a great day!!

Randy Waxman, COO
EFT Canada Inc. (TSX-V:EFT)
Office:  416-781-0666 x102
Fax:  416-781-3318
Toll Free:  1-800-424-8551
http://www.eftcanada.com

—
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax
http://paymentconsulting.net
http://chicago.citysearch.com/review/44659273
http://paymentconsulting.net/funding.html
JOHN 3:16 For God so loved the world, that he gave his only begotten Son,
that whosoever believeth in him should not perish, but have everlasting
life.
These days we are facing an economic crisis and need to prepare ourselves
more effectively for the recovery – to discover opportunities, identify
potential partners looking for opportunities, looking for a reason to hope.
Now it’s a good idea to ask: how could my product/service provide
opportunities in today’s economic climate?