A Letter from CEO Jerry Lai – Taking Over the Payment Processor World
Dear Business Owner/ Entrepreneur / Go-Getter, Don’t you want to take your money back from the banks? The credit card payment industry is a daunting and confusing world to navigate. You’ve got the banks, your customers, payment processors, and credit card companies all looking out for themselves – and it’s often the hard-working merchant that […]
How to Implement a Legal and Compliant Cash Discount Program
By now, you’ve probably become aware of the rising popularity of Cash Discount programs as a way to offset your merchant service fees. A Cash Discount program is a method of implementing a service fee to all customers who pay with a card, while providing a discount to those who pay with cash. Cash Discount […]
Determining if a Cash Discount Program is Right For Your Business
If you’re a small retail business such as a liquor store, restaurant, etc. and pay more than $20 for credit card processing, then a Cash Discount program will benefit your business immensely! A Cash Discount program allows you as a merchant to offset merchant fees by passing on the cost to the customer; by incentivizing […]
Quantum Will Be Attending Content and Commerce Summit 2017!
Content and Commerce Summit 207 is here! Quantum will be attending Content and Commerce Summit 2017 in Los Angeles, California on September 18-20. Quantum Electronic Payments provides affordable and secure processing solutions for the Direct Marketing industry, from start-ups to established businesses. Our team of payment experts understands your needs and have the knowledge and […]
4 Things You Need to Know Before Opening a Merchant Account
If you are the owner of a growing business, you probably want to start accepting credit and debit cards as a form of payment. In order to do this, you will first need to open a merchant account.
5 Ways to Enhance Your Customers’ Checkout Experience
Your customers keep your business flourishing and thriving. When you have customers in line at your store or adding products to their shopping cart on your website, you know that you have done everything right up to this point. Take your customers’ satisfaction to the next level by ensuring that their checkout experience is an […]
Banks vs. Payment Processors
Banks and payment processors work in conjunction with each other in the payment processing flow, but very few truly understand what the difference between them are. Let us explain…Payment processors connect the merchants to a payment gateway, which sends transactions to the cardholders bank and credit card companies, such as Visa and Mastercard. In the processing flow, banks simply store […]