NATIONAL MERCHANTS ASSOCIATION REVOLUTIONIZES MOBILE PAYMENTS WITH FREE SWIPE PLATFORM
Temecula, CA July 13, 2012… According to a 2012 study conducted by Juniper Research, mobile payments are expected to rise to $630 billion over the next two years. In an effort to meet the growing needs of small businesses, National Merchants Association (NMA) now offers a mobile payments system that will revolutionize the way merchants process credit card payments. Visit www.nationalmerchants.org.
Compatible with the majority of smartphone platforms available, NMA’s free swipe device converts a smartphone into a mobile The time and place a sale takes place. Also refers to the devices used to transmit the credit card transaction. system. Modeled after traditional credit-card readers, the device saves businesses time and boosts efficiency by enabling their staff to complete a sale at any location, at any time.
NMA’s swipe software was designed to quickly and securely handle cash/credit transactions, refunds and voids. Its PCI-DSS certification ensures protection against fraud and identity theft. It also gives merchants the ability to easily gather customer information, enter card information manually, add sales tax, issue electronic receipts, and accept a digital signature through its intuitive touch screen interface.
In accordance with NMA’s commitment to saving their merchants money, this payment option requires no monthly fees and no contract – all costs are covered by a competitively-priced 2.75% charge per swipe, with funds deposited by next business day.
Founded in 2004, National Merchants Association works on behalf of its member merchants to reduce credit card An act between a seller and a cardholder that results in either a paper or an electronic representation of the cardholder’s promise to pay for goods or services received from the act. The action between a cardholder and a merchant that results in financial activity between the merchant and cardholder’s account.... fees while educating business owners about A business that accepts credit cards for goods or services. service rules and regulations. All NMA agents are required to become CPP Certified within one year of hire, ensuring that they are able to offer high-quality assistance to their member merchants. Today, NMA works on behalf of businesses to eliminate credit card An act between a seller and a cardholder that results in either a paper or an electronic representation of the cardholder’s promise to pay for goods or services received from the act. The action between a cardholder and a merchant that results in financial activity between the merchant and cardholder’s account.... costs including The exchange of debit and credit transaction data between merchant banks and cardholder banks based on an agreement (governed by BASE II [VISA] or INET [MasterCard]) between the participants. The fees charged by the Issuer to the Acquirer. fees, PCI compliance fees, statement fees, customer service fees, and debit access fees.