Transaction Processing & Electronic Payment Solutions

Membership has benefits

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• Credit & Debit Card Processing
• eCommerce Solutions
• Customized Gift Cards
• Loyalty Rewards Programs
• Check Acceptance Services
• Other Services

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Merchant Solutions for your business.

Credit Card Companies

MasterCard and Visa

MasterCard^® and Visa^® are independent, competing card associations, comprised of more than 20,000 member banks. The card associations offer products on both the cardholder-issuing and merchant-acquiring sides of the business to facilitate a complete system of electronic currency.

Cards are provided to the consumer by “Issuing Banks” with preset credit spending limits, revolving interest rates and fees. Merchants accept and deposit credit card sales through member “Acquiring Banks”. The association's role is primarily branding, marketing, governing, and enforcing the rules and regulations and setting Interchange pricing (also know as discount rates).

• An association member bank may be both a card-issuing and merchant-acquiring institution.
• The card associations have rules and regulations governing how industry risk is handled.
• Merchant Interchange fees are paid from the acquiring bank to the issuing bank.
• Issuing banks market a variety of card products including: Classic, Rewards, Gold, Platinum, commercial, business, corporate, fleet, purchasing cards, and check cards.
• Interchange fees vary depending on the type of card product and how it was accepted. For example higher rates are associated with manually-keyed transactions and business card transactions.

American Express

Also known as AMEX, American Express is a global payments company. Unlike Visa and MasterCard, American Express issues its own credit cards and is responsible for its own relationships with retailers/merchants. In addition to their direct activities, AMEX utilizes a network of registered American Express External Sales Agents (ESA) to facilitate signing merchants to accept American Express cards. As an ESA, we can offer you the opportunity to become an American Express merchant.

Accepting the American Express Card can build you business.

• American Express Cardmembers tend to spend more because they have more to spend.
• 45% of American households that earn more than $50,000 have an American Express Card.
• Cardmembers average charge on the American Express Card is 27% higher than their average charge on other cards.
• Incentive programs such as the Membership Rewards Program encourage Cardmembers to use the American Express Card - 51% of Cardmembers enrolled in the program go out of their way to use the card.
• 1.7 million companies (including almost 70% of the Fortune 500) use the American Express Corporate Card for business expenses.
• It is now easier, less expensive, and more convenient than ever to accept the American Express Card.

Did you know that American Express does not have a higher rate for manually keyed or business card transactions? So for certain types of business, Telephone and Internet commerce or small ticket merchants, pricing could be lower than MasterCard and Visa.

Merchants can also enroll in gross pay options to simplify reconciliation. American Express also offers a $5/month program with no percentage rate up to the first $5,000 in annual processing volume. Ask about both of these programs.

Diners Club

Diners Club is a premium global brand with a rich heritage as the world’s first charge card and is issued today in more than 200 countries and 70 local currencies. In July 2008 Discover Financial Services acquired the Diners Club International network; the Diners Club brand and trademarks; its employees; and agreements with 44 network licensees who issue Diners Club cards and maintain an acceptance network in 185 countries and territories worldwide.

DINERS CLUB has formed an alliance with MASTERCARD, in order to provide enhanced worldwide acceptance to U.S. and Canadian Cardmembers. Worldwide MASTERCARD credit card acceptance applies only to DINERS CLUB Cards issued in the United States and Canada.

Discover Card

Discover Financial Services is a leading credit card issuer and electronic payment services company. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Its payments businesses consist of the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 185 countries and territories.

JCB

Established in 1961, JCB has maintained the position as a leader in the Japanese card industry. In 1981, JCB began international development program with the firm commitment of offering the same quality service and the same convenience to JCB cardmembers overseas. 55 million cardmembers hold JCB cards -- which are accepted at 10 million associated merchants and supported by close ties with 3,000 financial institutions worldwide.

First National Merchant Solutions can process cards for Discover, Diners, JCB and cards from other issuers. FNMS can assist you in completing the required paperwork necessary to accept these forms of payment.

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