Monday, July 6, 2015

Pin Your Retirement to DWP!

Recorded Sunday night Wrap-up Call, topic: Merchants, click here.

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Or dial in to recorded line as shown at right of screen, File 23.

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THURSDAY NIGHT, 6-9-15, 6PM Meet/Eat, 7PM START!
Denny's. 132 N. Grand Avenue. West Covina, CA 91791
Meribel Torres, Mike & Barb Lammons

FRIDAY NIGHT, 6-10-15,  5PM Meet/Eat, 6PM START!! 8pm END
Denny's. 333 S. Abbott Avenue. Milpitas, CA  95035
Chan Krohn, Robinson Mangoang, Mike & Barb Lammons

Come.  BRING INTERESTED PEOPLE!  Watch Inbox for flyers.

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FROM THE 'EDUCATE YOURSELF ON WHY DWP IS A GREAT BIZ' FILE:

THE PAYMENTS INDUSTRY EXPLAINED


  • The ecosystem for credit- and debit-card processing involves a complicated set of players interacting to process every transaction. Five types of players are involved: acquirers/processors, issuers, card networks, gateway providers, and independent sales organizations (ISOs).   That's us!

  • To process a typical transaction, three steps must occur: authorizing, batching, and funding. Each participant in this process takes a fee off of the total volume of a transaction. The remainder is deposited in a merchant's account.



  • Three trends will shape the payment-card-processing ecosystem from 2015 onward: the EMV security migration, rapid development of new payment technologies, and the massive card-fraud problem in the US.



  • The mobile point-of-sale (mPOS) is going to have a massive impact on the payments-hardware and payments-software industry. By 2019, we forecast that nearly 80% of US retailers will have implemented a mPOS device.
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    Pinned your retirement to the stock market?

    U.S. stocks fell Monday, weighed down by a tumble in oil prices as well as Greek voters’ rejection of creditors’ conditions for further financial aid.
    The Dow Jones Industrial Average declined 46.53 points, or 0.3%, to end at 17683.58. Stocks spent midday trading around the flat line after earlier being down by as much as 166 points.
    The S&P 500 dropped 8.02 points, or 0.4%, to 2068.76 and the Nasdaq Composite Index lost 17.27 points, or 0.3%, at 4991.94.

    Better idea --Pin it to DWP!:


    CARPINTERIA, Calif.--()--General purpose and private label credit, debit, and prepaid cards generated $5.165 trillion in payments for goods and services in 2014. Processing fees, including interchange paid by U.S. merchants to handle that business, were $78.09 billion, up from $72.44 billion in 2013 when fees were $4.768 trillion, according to the annual report on U.S. merchant processing fees published by The Nilson Report, the top trade newsletter covering the card and mobile payment industries.
    “Fees merchants pay to process card payments rise annually because Americans use their credit, debit, and prepaid cards more each year”
    Source: http://www.businesswire.com/news/home/20150624005977/en/Nilson-Report-U.S.-Merchant-Card-Fees-2014#.VZsDdFJrVD0 



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