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Quantum’s Merchant Account Blog
Take Advantage of the Credit Card Processing, Durbin Amendment
Have you heard about the Durbin Amendment, which went into effect on October 1, 2011? If you have a merchant account, or you process payments in any way, then you need to know how this landmark law can affect your business.
Facts about the Durbin Amendment
The Durbin Amendment is a landmark decision. This is the first time we have ever seen this large of a reduction in payment processing costs. This cuts the costs for Debit transactions almost in half. Combined, debit transactions make up 50-70% of the processing done by merchants. Imagine paying up to half of what you currently pay on 50-70% of the cards you are currently processing?
How You Can Save Money with the Durbin Amendment
At Quantum Merchant Services, we are telling all of our customers about the Durbin Amendment and the impact that it is going to have on their bottom line. Upfront honesty, it’s all part of the QMS Difference. If your merchant services company hasn’t told you about the savings in the Durbin Amendment, then give us a call today to find out how you can take advantage of this new law. 1-888-881-0657.
Free Account Review
Fax us your current statements. We’ll look over them. If we can save you money, we’ll let you know. If we can’t, we’ll tell you, no gimmicks or fast talk.
Rob Olson President
1-888-881-0657
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Quantum Merchant Services offers ATM’s also
ATM’s and Quantum Merchant Services
Depending on the program you choose your business can make up to $2.00 per transaction with our ATM program!!
Leasing and/or Purchasing ATMs
Quantum Merchant Services offers an affordable leasing program through a third-party company. This program allows an ATM to be purchased without paying for the full value of the terminal upfront. You can begin earning revenue from the terminal and have it pay for itself each month!
Free Placement Program
Quantum Merchant Services offers a unique program to place ATMs at certain business locations with no expense to the merchant. QMS is always looking for high volume locations to place ATMs, free of charge. This allows you to earn revenue and increase foot traffic without having to incur the capital expense of purchasing an ATM machine.
Connectivity Options
Dial
A dedicated phone line is the traditional connectivity option for ATMs and offers a cost effective, reliable connection.
IP
An Internet Protocol connection offers a high speed option to ensure quick ATM transactions. This option eliminates the need to maintain a dedicated line for the terminal. QMS’ ATM Router supports all locations that are IP Enabled or utilize T1, DSL or Cable. ATM IP Connect employs “plug and play” usability for an effortless installation without the need for additional software or programming. ATM Connect boasts a variety of security standards such as Secure Sockets Layer (SSL) Protocols and Triple DES Data Encryption to minimize risk.
Wireless
or locations that do not have a dedicated phone line available and are not IP Enabled, QMS’ wireless solution is the ideal option. Quantum Merchant Services can help you reduce the cost of operating your ATM and improve your transaction speed with a Hercules wireless router. Like an IP connection, the wireless option eliminates the need for a dedicated phone line as well as any associated phone bills. A wireless connection also provides the flexibility to place an ATM anywhere in the store!
Cash Management
Cash Management Options
QMS offers two different cash options to maximize convenience and to ensure that your ATM is always stocked.
Merchant Cash
In our most popular option, business owners stock their own machine and are then reimbursed by Quantum merchant Serviecs. QMS’ rapid replenishment initiative ensures that your funds are reimbursed within 48 hours. This option allows you to stock as often as necessary so that there are no breaks in your revenue stream. With this option, you don’t necessarily have to stock the terminal with thousands of dollars – many merchants simply recycle their $20 bills into the terminal at the end of each day to keep the ATM operational.
QMS Vault Cash
Another option is our in-house vault cash solution which allows business owners to completely avoid getting involved with the handling of cash. With this program, Quantum Merchant Services handles all aspects of your cash management and ATM replenishment. Our reporting and forecasting system will ensure that your ATM is replenished regularly by our armored carrier service. This option is ideal for locations with multiple machines such as arenas, airports and hospitals.
Rob Olson, Owner
Quantum Merchant Services
1-888-881-0657 ext.707
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