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SOURCE: Merchant Data Systems
Merchant Data Systems brings a new Mergers & Acquisitions Partner Program to Indiana.
Indianapolis, IN (PRWEB) February 10, 2013
The Indiana business community is talking about how the new Mergers & Acquisitions Partner Program can be beneficial to their companies. Selling a merchant portfolio is a rather new concept in the business world to some, but actually it creates great opportunities to benefit the company and cut overhead costs. Leading this partner program is corporate mega giant Merchant Data Systems. Those businesses who utilize electronic payments and merchant processing should know all about this company and their impeccable reputation.
Merchant Data Systems became a Florida based company back in 1997. Though the competition was extreme even at this time, they persevered and became an instant success. This mega giant wanted to focus on the customers and their approaches with their customer service, rather than just making money. They wanted to ensure that a person was actually talking to a live representative that was knowledgeable and not another computer system. They offer their customer convenient hours, 24 hours a day, and 7 days a week. In fact, they are even open on Christmas day to ensure all of their customers have support when they need it most. Any company that might consider entering into a partner program with MDS will be lucky to have such an upstanding corporate giant on their side.
Looking to find new ways to make money, MDS has become a Merchant Acquirer. By taking on this role, they want to help companies that want to sell their ISO portfolio for cash. These acquisitions are a big step for any company, so MDS is willing to pay the cash that a company wants. The program is really quite simple, MDS hands the company cash in exchange for the processing rights of their portfolio. While some may not understand this type of arrangement, it is completely safe and a great business move. MDS does not want control over any other business; in fact, they just want to handle the credit card processing, what they do best. The win-win in a situation like this is a company who needs help handling their credit card processing and wants the assistance of a company like MDS.
It is not uncommon for a company to have more than one merchant portfolio and they can choose to sell all or as many as they want. MDS will take the portfolios and process all the credit cards like the company usually does. The money will then be deposited into the account of their choice like normal. MDS will take a small percentage of the funds processed to cover their work in the partnership. The entire purpose of this program is to allow the businesses to get rid of the excessive overhead costs associated with monthly credit card processing. Whether a company has one, two or 100 people doing the processing, this can be a significant savings. This is one aspect of the business that is of great concern, as it is the monthly income. Having help from a partner is a wise decision for any company. Adelard Gasana, Co-Founder of Karma Snack and partner with MDS mentions, "Merchant Data Systems believes in working with their clients. Through dedicated business relationships the company aims to help businesses expand and grow to their fullest potential."
While the company sells rights to their portfolio, they still have access to them. They may build and makes changes to their portfolio and focus on building the business. While it may seem like a risky move, and like signing away portfolio rights, it is actually a simple process that just brings in help to a company in need. The extra cash is also beneficial for whatever the company wants. Not all companies will qualify for a partnership under this program. MDS is looking for companies that have a profitable portfolio and need assistance. A company must be willing to share their financial records with MDS and have an open line of communication. MDS will also be looking for a steady financial history with regards to credit card processing. They do not want any companies that are in financial ruin or those on the brink of bankruptcy, this program is not made for that.
Naturally, Merchant Data Systems is known to be an effective merchant services company and they too want to make money. Nevertheless; while making money is important, they also want to offer their customers great opportunities to have the backing of a wonderful company. The overwhelming costs of credit card processing can be eliminated. What about getting rid of an entire department, this would be a huge savings? For a company who is looking for solutions for their credit card processing, this is the program that works.
While MDS is looking to buy a merchant portfolio from a great company, they are interested in helping these companies excel in the business world. There are many aspects that come into play with credit card processing, and MDS has ample experience in the field and can make sure that any companies merchant portfolios are managed appropriately.
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