The Un-dead Horse

      IT'S COMING~~

It'll be here before you know it!

Stay tuned for incredible news from the DW/Stryde front.  Some of that news may be from YOUR team!
 
 The easiest approach to a merchant IN THE UNIVERSE surely must be ours with Digital World:  

"Our company helps business owners recover, recapture and reduce business expenses -- over $400 million has been recovered for our clients in the past decade.  Just schedule a NO OBLIGATION 15 min. Discovery Call today."

 There is no upfront cost to the merchant:  if we don't get them MONEY, they don't owe us a dime!  It's Christmas in November already!

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Great training with EPI Exatouch expert tomorrow:   check your interface for details!

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Talk fraud to your merchants:

Point-of-sale credit card theft has remained high in the U.S., where 47 percent of all credit card fraud occurs, though the country only represents 24 percent of worldwide credit card volume, according to CreditCards.com.

A full one quarter of American cardholders have been victims of card fraud.  And it's because here, old credit card technology is still widely in use.
Craig Shearman, vice president of government affairs and public relations at the National Retail Federation, said the U.S. has been slow in adopting the latest and greatest credit card tech and moving on from the magnetic strip.

"That magnetic strip is about as sophisticated as an eight-track tape from the 1980s," he said.
Magnetic strips are relatively easy to copy. And blank magnetic strip cards, at the same time, are easy and legal to come by. The strip technology on your credit and bank card is the same technology hotels use today in throwaway guest room keys.

But there is a better credit card technology out there, said Shearman, and it is  The EMV (short for Europay MasterCard Visa) card, equipped with a more secure data chip, is currently being ushered into wide use by American card users. Chip cards create a unique code at every purchase, making it much more difficult to create a fraudulent copy.

Chip cards also emit a signal at each purchase, signaling legitimate use.  "It's not something that's as easy to create as a magnetic strip," said Shearman.
Retailers across the country were given an October 2015 deadline to begin implementing chip card technology in stores. So far, around 1.6 million stores locations — or one-third of all store locations — are chip card-enabled, according to MasterCard.

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 This horse isn't dead: that's why we keep beating it!

U.S. Credit Card Fraud Could Top $10 Billion by 2020

New card fraud protection technology has been slow to catch on in the United States. 

 Source: http://losspreventionmedia.com/insider

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Get some  merchants set up for a Stryde audit  this week and let them know some of the above info --- that will lead to Good Stuff!  For them and for you! 

 

DW plus Stryde

DW = credit/debit card processing

Stryde =  audits to reduce, recapture, recover money for businesses

WHAAAT?

What does Stryde do?

It provides Cost Remediation services for businesses. Services include Property Tax Mitigation, Engineering Based Cost Segregation, Research & Development Tax Credits, Credit Card Merchant Audits, Workers Comp Audits, Equipment Lease Audits, Medical Supply Audits, Cell Phone Audits, and more. 

 

All of our services are designed to add money to the bottom line or improve cash flow of the businesses we work with, and all of our services are contingency based. If we are unable to benefit our clients, we do not get paid!

How much does it cost?

Our fees are a percentage of the actual savings. They vary depending on the service, as the services vary in complexity and amount of labor involved.

Who do we work with?

Companies who are in need of our services. Some categories in which we consistently have outstanding success include Manufacturing, Restaurants, Hotels, Medical Professionals, Funeral Homes and Auto Dealers. Property ownership is a plus but not a requirement.

 

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How do we participate in this offering to merchants?

 

1.  Identify who you want to help.

 

2.  Prepare a letter of introduction about Stryde with Discovery Call Questionnaire attached.

 

3.  Fill out and send in to DW and wait for further instructions.

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Stryde offers a path to LARGE commissions unlike any we've ever seen before!  Get acquainted with Stryde so you can be a lifeline to your local businesses!

 

 

YAAAHHH!!!  STRYDE IS OFF TO THE RACES!

Find out about this unique and FANTASTIC service offered to business owners by YOU as a Digital World Agent -- aka cost remediation and recovery.

This is the week and here is the place:

It's time to talk about Stryde! We're bringing in Jim Colip  to give everyone an introduction to one of our most lucrative programs! If you haven't heard of it, you'll want to be on this call! If you have heard of it, this is a great opprotunity to ask questions!

Stryde
Tue, Oct 25, 2016  2:00 PM  CDT  Noon Pacific time

Please join our meeting from your computer, tablet or smartphone.
You can also dial in using your phone.
United States +1 (669) 224-3212
Access Code: 343-319-885
Join Meeting

The latest from the field (that's us Agents!):

Check it out  (RE. STRYDE GROWTH MANAGEMENT GROUP -- aka Cost Remediation):

Agent Maury Sasso called to say he just got proposal from a massive merchant and Stryde (IBSP) and here are #'s that we are recovering for the company:

$ 48,000 annual tax savings
$ 276,000 HIR-Human Resource Hiring Incentive
$ 3.7 million Cost Segregation returning to biz 

This employer is so excited and after all Maury and the DW/Stryde team are doing for him, don't you know Maury will also get the (sizable) processing account?

Maury sez Stella and Chris were HUGE help with this merchant!

Maury hard at work

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Casinos, Oracle, Micros:

Agent - Captain Sean Stecker's  interview yesterday was mind-blowing:  it is uploaded to interface: Videos, Webinars.  Give it a listen if you want to expand your thinking!  Excellent job, Sean, by the way!

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Save Saturday, September 17, 2017, for Big Fall Kick-off SF Digital Event! 

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FROM TEAM HOLLYWOOD (wouldn't you just know....):

Agent Brian Pugh sez he and his 6 Gun Productions are shooting an ad for Digital World at the Mesquite Arena -- a merchant -- starring the signing Agent, Sanford Valentine, a waitress using Clover, AND a drone!  Shoot is this weekend...

Brian says goal is to 'be a major credibility piece for Agents to use in the field'.

YAGOTTALOVETHISBOY --- and  this team --- and THIS BIZ!

6 Gun Pugh

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Later, Gators!

Many thanks to Agent Michael Herron for generously sharing this letter to merchant:  here's Mike:

An agent asked me to send a merchant friend of his something in writing explaining who we are and how Digital World can help him. So I took some info from the back office and added my own input to this letter. I then sent it out to all levels of my team after my agent's positive feedback. Feel free to use it as is or edit it for the needs of your specific merchant. Also please forward on to anyone this may assist in attracting a potential merchant.

Thanks,

Michael Herron

MG453

To Whom It May Concern,

Digital World is a top provider of merchant credit card processing with over 15 years of successful business-to-business experience. Along with our key processing partners, we are able to provide more FREE

product programs than any other company out there! We combine the most innovative technologies and securities, with unbeatable partners, to ensure all business owners are running the most efficient financial operation.

With our award winning customer service, our free equipment placement, and unbeatable rate programs, we are confident to offer our $500 lowest rate guarantee with both honesty and integrity.

Decreasing financial overhead and increasing take home profits for business owners, is what we strive to accomplish.

We start the process by analyzing a recent monthly credit card statement. Once we receive it, and at no cost to you, we provide a side by side comparison of what you paid that month versus what you would've paid had you been using us as your processor. Based on the results of the analysis, you can decide if Digital World is the processor for you.

Once you see how much money we can save you, we will discuss the best equipment options for you based on your processing volume and your business needs. Then you fill out the application and the equipment is shipped within 48 hours of approval with support a telephone call away.

Our customer service departments are not outsourced, so you're always dealing with our company directly. You can call into our technical support department 24 hours a day, 7 days a week.

I've attached our $500 processing guarantee. If we can't meet or beat your current processor, we will send a $500 check, shake hands and thank you for your time. If we can save you money, we'll sit down and discuss how best Digital World can work for you.

I've also attached our 45 day guarantee. You will have 45 days from the date of approval to cancel your merchant account without the penalty of a termination fee. If after 45 days you receive a proposal from a competitor, submit the written offer and if Digital World cannot meet the proposal, you will not receive the penalty. You're never locked in a lease or in a contract.

If you are a merchant looking for outstanding customer service with the best rates and free equipment, Digital World is the company for you.

Please feel free to visit www.digitalworldmerchant.com for more information.

Thank you for your time and interest in Digital World,

Best,

Michael Herron

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The Agents who have used Michael's letter have already attracted statements from merchants!  Here's evidence from one Agent:

From my new agent who used my new merchant letter this morning to get a statement from the local auto body shop. This motivates me: Picking up another statement tomorrow from the Caribxxx Grocery store. My goal is to sign up at least 30 merchant by the end of the month. Novelette B.  

 Thanks, Michael!

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 JOIN IN!!!

                                       DIGITAL WORLD SATURDAY

Saturday, July 16^th, 2016

Time:  1:00 pm to 5:00 pm

Business Presentation +Training

Special Guest:  

Jim Colip of IBSP

Hosts: Arsenio Silva & Cora Mandapat

                                          Round Table Pizza

                                                     2227 Gellert Blvd

                                        South San Francisco, CA 94080

                                                  Tel.  650-878-1001

 
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Look at EPI!!

ISSUE 45 | JULY 13, 2016

Electronic Payments has been ranked on The Nilson Report's annual list of top merchant acquirers in the United States for four consecutive years! This year, we ranked #39, up from last year's position at #40. Rankings are based on Visa and MasterCard payment card volume. Read the full Nilson Report issue and press release on electronicpayments.com!

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Cora and Digital World.... Jim and hiring incentives.....

All you need to know about Cost Audits... and much more!

Jim Colip of IBPS on with you ---

Thursday, Jun 9, 2016      5:00 PM  PDT

Please join meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/908571093

You can also dial in using your phone.

United States +1 (872) 240-3212
Access Code: 908-571-093

Join Meeting

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From DW Co-Founder John Daniels:
"Please make sure that  All the information that we have received about fraud is part of our presentation to those merchants who do not have up to date emv equipment. Many do not understand they they will be paying a lot of money over the next year in  fraud losses." 

U.S. Card Issuers Lose $10.9B Annually to Fraud: LexisNexis

By Tanaya Macheel
June 7, 2016

With Credit Cards Accounting For 71% of Losses, Study Authors Anticipate a Rush of Counterfeit Card Fraud as Mag Stripe Window Closes and EMV Takes Hold

U.S. card issuers lose $10.9 billion each year to card fraud, according to research released Tuesday by LexisNexis Risk Solutions.

Credit cards account for $7.6 billion (71%) of overall losses to card fraud; debit accounts, $2.7 billion (25%) and prepaid cards, $500 million. LexisNexis collaborated with Javelin Strategy and Research on the online survey of 100 risk and fraud decision-makers and influencers working at U.S. card issuers.

EMV chip technology is the strongest defense against fraud at the point of sale, Michael C. Smith, director of fraud market planning and author of the study, said in a June 6 news release. But as the U.S. payments industry continues to roll out EMV security, issuers are expecting an increase in certain types of fraud that EMV does not protect.

"With the window closing on easily replicable magstripe cards, we forecast a shift and bump in identity schemes —characterized by the use of synthetic identities and the misuse of true identities," he said in the release.

Application fraud – when someone opens an account using fake or stolen documents in another person’s name – and account takeover – usually the result of phishing, spyware or malware scams – represent the two most harmful types of fraud, each of which represents 20% of total fraud losses. Counterfeit card fraud represents 16% of losses and card-not-present fraud is expected to increase with or without EMV in place.

The misuse of payment cards that are lost or stolen (28% of fraud losses) and nonreceipt fraud (15%) – when the card is intercepted in the mail before the legitimate cardholder receives it – represent the biggest challenges to issuers’ ability to distinguish fraud committed by the cardholder and a fraudster, according to the study. Since EMV protects against counterfeit fraud, stolen and nonreceipt card fraud are unaffected by its protections

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Excellent webinar with DW Top Agent Rick Andersen!  If you missed it, BE SURE to catch the recorded version as soon as it's posted.  You will want guests to hear it, too!  Rick makes a clear and compelling case for building a DW biz based on his decades as a successful 'traditional' businessman.


Thanks, Rick!
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More on Fraud:

Best and Worst States regarding Credit Card Frauds Complaints reported by US Costumers per 100,000 Inhabitants

States with Highest Credit Card Frauds Complains	%		States with Lowest Credit Card Frauds Complains	%
District of Columbia	50.69%		North Dakota	5.94%
Nevada	36.02%		Wyoming	7.01%
California	34.75%		Vermont	7.03%
New York	30.97%		Iowa	7.12%
New Jersey	30.83%		Mississippi	7.42%

Source: Consumer Sentinel Network, Annual Reports 

From wiki:

Although incidence of credit card fraud is limited to about 0.1% of all card transactions, this has resulted in huge financial losses as the fraudulent transactions have been large value transactions. In 1999, out of 12 billion transactions made annually, approximately 10 million—or one out of every 1200 transactions—turned out to be fraudulent.^[3] Also, 0.04% (4 out of every 10,000) of all monthly active accounts were fraudulent. Even with tremendous volume and value increase in credit card transactions since then, these proportions have stayed the same or have decreased due to sophisticated fraud detection and prevention systems. Today's fraud detection systems are designed to prevent one twelfth of one percent of all transactions processed which still translates into billions of dollars in losses.^[3]

  
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DIGITAL WORLD:  always and ONLY in the Business of Helping Businesses!

Cost Remediation Q&A

Thursday,  at 5 PM - 5:30 PM  June 2, 2016

Please join meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/480838389

You can also dial in using your phone.
United States : +1 (408) 650-3123

Access Code: 480-838-389

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Haven't gotten your DW biz off to a great start -- and your start was many moons ago?  Hey!  it may be too late to make a new beginning, but it's not too late to make a new end -- like these people:

 


NOTES FROM THE ROAD:

Just had nice taxi ride here in Atl. Guy uses Square and pays 2.75% and he really got X cited about 2.25% with us. Then I told him bout spending $195 one time and getting commission on every swipe. He really got extra X cited. Then I asked how many taxi drivers in Atl use Square--all of them. Then my question? How would YOU like to get override commissIon all drivers every time they swipe? This is how you build this biz AND write off all your travel. Mike

Oughtta cost $1,000

Checking in.....

After our Audit webinar with Jim last night, a few of you got out of Neutral and into Overdrive!

First thing this morning Farajah was on the phone with a merchant in PA who owns several commercial properties and businesses and wants to discover what we can do for him on a Discovery Call!   (Way to go, TNA Farajah!  *Totally New Agent)

Couple of hours after that, Cal was urgently needing the Cost Remediation Questionnaire because he had a merchant wanting to set up a Discovery Call! (Way to go, Cal!)

Jim Colip once more astounded us with the depth of

• a. his knowledge of cost remediation and
• b. how much money there is to be made in this arena!

He shared that the average to be recovered for commercial property owners is $300,000.00 per building!!  Do you think it is hard to get an owner to invest 30 minutes in a  Discovery Call that has such a huge upside for him? 

NO, IT ISN'T!!

Even I can do this!  At last we've found something even Barb can do!

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If you put money in a merchant's pocket, do you think it is hard to get his card processing business?  

NO, IT ISN'T!!

This is SO AWESOME!   This.....

leads to this.....

for merchant, DW, IBSP,  YOU and 7 other Agents!!

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Don't understand it?

Don't sweat it -- just do it.

Jim shared several businesses that DW Agents have brought to him via Discovery Calls and are currently 'in process' ---  prospects for elated merchants look great, and Agent commissions in 'the high 5 figures' are possible.

Can you imagine such?  As one who used to get excited over the $.05 commission on a tube of lipstick, I can safely say....

I can't imagine it but I'm trying!

Shhhh, don't anybody tell John or David, but they ought to charge $1,000 to be part of this biz, donchathink?!

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Have an awesome weekend, kids!

From the Fresno Bee today, 4-28-16:

April 27, 2016 9:20 AM

Tech transition makes retail payments a confusing mess

Swipe your credit card or insert it in a slot?
Can you find a merchant that takes Apple Pay or Android Pay?

Out of the 1.2 billion payment cards in use in the United States, about half of them now are chip cards, according to the Electronic Transactions Association, which is the payment industry’s trade group. Francine Orr Los Angeles Times file

Read more here: http://www.fresnobee.com/news/business/technology/article74185967.html#storylink=cpy

You’ve got to remember to not pull out your card before the process is done for fear that the payment terminal might beep at you or a clerk might yell at you, or both.

And if you’re savvy enough to have Apple Pay or Android Pay set up on your phone, good luck finding a merchant that accepts either. Heck, you may even have a tough time finding a merchant that knows about either one.

In terms of how to pay or which way you can pay, “you don’t really know what to expect when you go into a store,” said Jordan McKee, a senior analyst who covers the payments industry for 451 Research, a tech industry consulting firm. “It’s an absolute mess.”
(Read article here.) 

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YOU GUYS HAVE YOUR WORK CUT OUT by getting merchants into 2016 (see above) -- let alone telling relevant merchants about Zero Cost Credit (see below) AND the fantastic DW Audits for businesses (also see below)! 

We should all be doing this full time like our hair's on fire!

Who'll be first?

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ZCC -- (great video in your DW interface) -- plus a few items here...

• Zero-Cost Credit^™ Accept Credit Cards For 0%

  For All Merchants

• Pass on your full cost when consumers choose credit cards
• Receive 100% of the amount of your sale
• Pay only for the debit cards you accept
• 
  

THE RULES HAVE CHANGED

New rules allow merchants to add a fee for the use of credit cards. Merchants are not permitted to add a fee to debit cards.

Our patent-pending technology ensures regulatory compliance by determining whether a given card is a credit card or a debit card before the transaction is processed. Zero-Cost Credit automatically applies a fee whenever a credit card is swiped or entered so that you receive 100% of the amount of your sale.

Zero-Cost Credit increases consumer fairness.

Credit cards cost more to accept than cash or debit cards. Under the old rules, merchants were not able to add fees for the use of credit cards, so they passed on this cost to all customers.

When all customers bear the cost of credit cards, the average credit card user receives a subsidy of $1,133 each year from customers who choose cash or debit.¹

¹ Federal Reserve Bank of Boston, “Who Gains and Who Loses from Credit Card Payments?” Public Policy Discussion Paper No. 10-03, 2010.

Not suitable for all merchants, but great for some  categories including tow truck operators, electricians, plumbers, aviation services, as well as extremely beneficial for schools, government entities, tutoring services. 

(Not to mention this product has GREAT RESIDUAL for you!!)

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Great Audit call with Jim todaty -- notes tomorrow.  In the meantime check the DW Audits page here to view some industries you can help with an audit. Click on each link for info.

BUT WAIT -- THERE'S MORE!!

Your merchant wants to franchise himself?  YOU CAN HELP!

The undeniable worldwide success of franchises, is due to the enormous advantages it offers, consisting of a very stable model to expand a business and penetrate markets. It is also the safest and least risky way for an entrepreneur to own a business, making him the beneficiary of the synergies that franchising offers, that is, to be part of a regional, national or worldwide network. What is a Franchise? It is a strategy that allows for the penetration and domination of markets, that permits the owner of a trademark to reproduce the elaboration of goods and / or services that he has developed successfully, through the implementation of administrative and operative procedures, so that a third party that invests work and capital, can reproduce them in other markets with the same quality.

The main consideration so that a Franchisor requires the transfer of his know-how, is that he doesn't have enough capital to expand his business/trademark to other markets, and therefore requires of a third party (Franchisee) in order to achieve this. What is a Franchisor? It is an individual or company that possesses a certain trademark and marketing technology (know-how) of a product or service, who contractually cedes the rights and transfers the use of these, as well as committing himself to provide support and assistance in the organizational, managerial, administrative and marketing areas to the business of the franchisees. What is a Franchisee? It is an individual or company that contractually acquires the right to market a product or service within an exclusive market, utilizing the benefits that he gets by using a certain trademark, and the support he receives in the training and management of the business. Advantages for the Franchisor Strengthening and preservation of his trademark. Low investment in the expansion of his business. Better operative efficiency in the new units directly operated and supervised by the Franchisees. Increase in the coverage and development of markets. Charge of an initial fee for the rights to use a trademark (which allows him to recuperate in the medium term the investment made in the development of the franchise system). Charge of monthly royalties based on the gross sales of the products and services marketed through the awarded franchises. Advantages for the Franchisee Reduction in the risk and uncertainty factors by investing in a proven business format. Permanent innovation in the methodological and technological aspects of the business. Continuous support on the part of the Franchisor. Documented training based on the Operative Manuals. Access to administrative control systems and evaluation of the performance of his point of sale. Training in the productive processes of products and services. Sense of belonging to a consolidated network of franchises. Access to promotion and advertising programs. Increase in his personal prestige by getting involved in a successful business concept. If you require a professional with ample experience in the subject of franchises, contact us today!

Set up a Discovery Call for him today with our Franchise Specialists and let them handle the rest -- and YOU get paid.  Very well.

Yes, you're going to get used to this!

Read more here: http://www.fresnobee.com/news/business/technology/article74185967.html#storylink=cpy

Read more here: http://www.fresnobee.com/news/business/technology/article74185967.html#storylink=cpy