When two great companies merge, there is always the opportunity for them to create something even better. Merchant Data Systems (MDS) and Karma Snack are two top companies that have always been at the top of their respective fields. They have led the way through their excellence and constant technological advancements.
Helena, Montana (PRWEB) June 09, 2012
When two great companies merge, there is always the opportunity for them to create something even better. Merchant Data Systems (MDS) and Karma Snack are two top companies that have always been at the top of their respective fields. They have led the way through their excellence and constant technological advancements. Merchant Data Systems has been serving merchants (both traditional and e-commerce) for almost 20 years. They have constantly striven to create better payment gateways. Now that they have merged with Karma Snack, we can expect that the Montana merchant services these two will offer will be off the charts in terms of quantity and quality.
There are so many vital merchant services that MDS and Karma Snack are offering, and expanding on. Payment processing, charity processing, and electronic check processing are just a few. This will ensure that all traditional and e-commerce merchants will be able to offer various modes of payment to customers that were not possible in the past. This will include features such as mobile credit card processing. The days of having specific credit card machines might be in the past, thanks to the advancements that MDS and Karma Snack have made.
Another terrific service that MDS will be offering is the cash advance system. This is something that many people overlook, but is actually one of the most important features of the new merger. Many businesses run into a lot of expenses when they are starting off a new business. Paying rent, taxes, payroll, and bills can all add up. At times merchants do not have enough cash on hand to make these payments. Instead of going to a bank for a loan, or a pay day lender, these merchants can utilize the merchant cash advance program and open up a merchant account with MDS.
The cash advance program measures a business’s earnings over the next month or two. With these earnings as a barometer, merchants can be lent certain amounts of cash to meet their payments. These advances are returned once income comes in. In certain cases, merchants pay back through the credit card payments that customers make in the month after they take a cash advance. Either way, these online merchant accounts with MDS could help a lot of businesses.
The virtual merchant services that are offered by MDS are also excellent. These services make MDS the perfect alternative to other credit card processing companies. Instead of only offering payment gateways via machines, MDS offers a lot more options. With the virtual merchant, customers can pay online via checks. The check information is passed through databases to ensure the consumer has no history with bad checks. Then the check is processed and the money enters your account within a couple of days. These checks are processed as Automated Clearing House (ACH) checks. This way any online merchant can accept checks in the same way that they accept credit cards. This is one of the most vital Montana merchant services offered.
By having a credit card merchant account, all of these services can be utilized. Merchants can get an accurate reading of how much money they are making via credit cards, as well as how much they can take out as a cash advance on their online merchant account.
MDS also offers high quality payroll services. This allows traditional and internet based merchants to conduct their payroll securely and efficiently. Payroll data can be accessed online, through any computer, but only with the required security clearances that ensures privacy. This way, you can access all the information you need, but also have no worries about its security. Some companies still put their payroll information on basic computers, but this is a much better method. Payroll can also be integrated with health insurance, accident insurance, life insurance, and IRA plans if necessary.
Mobile credit card processing is handled by a software known as ROAMpay. With ROAMpay, credit/debit card payments can be handled through a gateway on your cell phone or on your computer. Both options are always available to merchants when they use ROAMpay. This works on blackberries, androids, iPhones, Windows Phones, and on all major carriers in the United States. The software is 100% security certified, so there will be no problems in terms of having data stolen. The transactions cost pennies so you will not be paying huge amounts on top of your existing cell phone bill.
The possibilities with MDS/Karma Snack are endless. Their merchant services will be unrivaled by any other company in Montana. Their merger is good news for merchants and consumers, as both will have so many more options in how they conduct business transactions.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebMerchant-Services/Montana/prweb9585368.htm