NATIONAL MERCHANTS ASSOCIATION PREPARES FURNITURE RETAILERS AS THE YEAR OF THE DRAGON IGNITES ONLINE SALES
Burbank, CA, May 7, 2012… According to Forbes, online furniture sales are expected to soar by 28% this year as young couples begin to purchase new homes due to the “Year of the Dragon’s” promise of fortune. Bankcard expert Heather Petersen, founder of National Merchants Association (NMA), knows that furniture stores are referred to as “high riskA merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. Examples of high risk merchants are telemarketing, adult and travel related industries.” by the financial community. Are retailers prepared for the surge in online sales? A leader in providing merchants with the best credit card processing rates, NMA works on behalf of businesses to help them get the lowest possible fees for all of their internet transactions. The company specializes in high riskA merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. Examples of high risk merchants are telemarketing, adult and travel related industries. businesses such as furniture stores. Visit nationalmerchants.org.
NMA helps to establish merchantA business that accepts credit cards for goods or services. accounts for transactions in which the buyer is not physically present, an area in which credit card companies have a different fee structure. Furniture retailers will ultimately need to facilitate their projected boost in online sales with a company like NMA that can service their special needs.
The home decor industry is considered high riskA merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. Examples of high risk merchants are telemarketing, adult and travel related industries. because customers pay upfront for delivery later. Further, furniture stores tend to have chargebacks on large ticket items which many other merchantA business that accepts credit cards for goods or services. service providers try to avoid in this economy.
Ms. Petersen says, “When our competitors were forced to terminate the merchantA business that accepts credit cards for goods or services. accounts of furniture stores due to risk exposure and losses, we welcomed them. We are easily integrate-able with most POSThe time and place a sale takes place. Also refers to the devices used to transmit the credit card transaction. systems in the market, and we try to avoid the requirement of reserve accounts for these merchants.”
In fact, NMA has a specific department geared toward assisting merchants who have been faced with challenges by other processors.
Members of NMA have a relationship with Membership Consultants who have invaluable business expertise, and have access to an exclusive proprietary account optimization process that enables them to reap substantial savings. The association facilitates online transactions for thousands of merchants nationwide.
With the “Year of the Dragon” fueling booming online sales, National Merchants Association will bring furniture retailers one step closer to their own auspicious year.
About National Merchants Association (NMA)
Founded in 2004, NMA serves as an advocacy group for small and medium-sized business owners and is the only association in the United States working to eliminate the unnecessary and unreasonable costs associated with accepting credit cards. NMA operates nationwide through 17 regional offices, as it continues to dominate the retail independent sales organization space.
National Merchants Association – We work for you. It’s that simple.