Don't miss the Boat!

IF YOU HAVEN'T WATCHED THE NEW DW  3 MIN. CONSULTING VIDEO, YOU ARE COSTING YOURSELF MUCHO DINERO!!

Here's my link -- click here. 

If you want yours to send to merchants, go to your interface, click More.  Click Videos.  Click Marketing.

Scroll down to "Client Marketing" -- it is the first video there.  Copy the link at the top of the page and send far and wide!!

Don't cheat yourself:  watch it now and share it today!

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Great to see Sean, Ileen and Jim in Capitola yesterday!

Sean and Mike comparing getting sync'ed.

The lovely Agent Ileen!

Jim on webinar.

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It was great to get  facetime with these key team mates and catch up on newest marketing videos, plan our next quarter 'attack', get with Ileen's great potential merchant to start the relationship rolling and just in general have fun --- but the highlite was definitely sitting in on a Discovery interview with a merchant that a DW Agent had set up!!

(For the record, we could hear what Jim said but we could NOT hear the merchant's responses, so confidentiality was preserved.)

1.  Just send your merchant the Consulting video.

2.  Have them complete the Consulting Discovery form.

3.  Submit.

When call is set up, be sure to assist in whatever way you are asked.  Let's be sure that no calls fall through the cracks due to lack of follow-through!

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Remember, you get 40% commission on your personal merchants' recoveries (view Commission explanation on this in Agent presentation and other docs in interface).

2017 is going to be a BUMPER COMMISSION CROP for all who engage in Consulting services for merchants!

Don't miss the boat!

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https://fccdl.in/1jadU45gW - Barb recorded message

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

DW+IBSP Recorded Conversation: Lammons/Colip


How did the alliance between DW and IBSP come about? Here's Jim Colip to share the story:




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 Not getting where you want to be with your business? Maybe it's time to burn a few boats -- a lesson from history:

It was the year 1519 and Hernán Cortés, with some 600 Spaniards, 16 or so horses and 11 boats, had landed on a vast inland plateau called, Mexico. The Span­ish con­quis­ta­dor and his men were about to embark on a con­quest of an empire that hoarded some of the world’s great­est trea­sure. Gold, sil­ver and pre­cious Aztec jew­els were just some of that  trea­sure.

But, with only 600 men — none of whom had pro­tec­tive armour – con­quer­ing an empire so exten­sive in its ter­ri­to­ries could only be under­taken by a man with a death wish. This dar­ing under­tak­ing was made even more insur­mount­able by the fact that for more than 600 years, con­querors with far more resources at their dis­posal who attempted to col­o­nize the Yucatan Penin­sula, never suc­ceeded. Hernán Cortés was well-aware of this fact. And it was for this rea­son, that he took a dif­fer­ent approach when he landed on the land of the Mayans.

Instead of charg­ing through cities and forc­ing his men into imme­di­ate bat­tle, Hernán Cortés stayed on the beach and awoke the souls of his men with embla­zoned speeches. His speeches were inge­niously designed to urge on the spirit of adven­ture and invoke the thirst of life­times of for­tune amongst his troops. His ora­tions bore fruit, for what was sup­pos­edly a mil­i­tary exploit, now bore the appear­ance of extrav­a­gant romance in the imag­i­na­tions of Cortés’ troops.

But, iron­i­cally, it would only just be 3 words which Cortés’ mur­mured that would change the his­tory of the New World.  As they marched inland to face their ene­mies, Cortés ordered, “Burn the boats.”

It was a deci­sion that should have back­fired. For if Cortés and his men were on the brink of defeat, there wasn’t an exit strat­egy in place to save their lives. Remark­ably though, the com­mand to burn the boats had an oppo­site effect on his men because now, they were left with only 2 choices — die, or ensure vic­tory. And fight they did.

We know  how Cortés’ deci­sion to burn his boats panned out. Hernán Cortés became the first man in 600 years to suc­cess­fully con­quer Mexico.

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What boats are holding you back from filling your saddlebags with residual processing revenue?  Might be time to fire up a couple! 

Jim and The Half Million Dollar Question (watch viceo)

Amazing things are happening daily in the World of Digital!!  For example, rookie Agent Sanford Valentine got himself into a situation recently -- we heard about it yesterday. 

Sanford is all alone (in DW) in a huge city in Tejas.  He hasn't been to any live meetings; no live trainings;  he has just muddled through the interface webbies and training modules all by himself.

A couple of weeks ago he enjoyed a great meal out:  told the guy checking him out 'food is great'.  Then, bravely, he ventured:  "I see you don't have a chip reader."  Cashier pounces on him:  "What do you know about chip readers?" 

Turns out cashier is owner's son -- of a food conglomerate/empire -- and emv cards are very much on their minds but they haven't  known who to call. Enter The Rookie.

People ask us frequently 'what is the best way  to build residual income'. 

The  answer we give is,  it's best for you to get a few small merchants and find a few other Agents to also get a few merchants and so on and so on. 

However it's  true that there are a handful of Digital Agents who have gone right out the door and stumbled into very large accounts --  each one of which give them a  generous full-time residual income of several thousand dollars a month. Looks like Sanford might have done that, too.

Is that the way it works every time?   No, I haven't done that yet.   Mike hasn't done that yet.  We have a few small accounts.   But believe me we love it when you guys turn up huge accounts.   The stories are so awesome to hear!

The cashier above told The Rookie  'if you help us get this one running smoothly we will turn over all our business to you.'   Literally this could be the residual income jackpot for The Rookie. I don't know any other business  you can say that about. Way to step up to the plate, Sanford!

And a big THANK YOU to Avita and to EPI's Rob Freytag for excellent support!

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 Want to know more about DW and franchising for your merchants?  Listen to Jim:


 

Last night in San Jose, CA...9 people had already left before we thought of a group-ie:

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Sean Krohn introducing Digital World....

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!

Clover Go and the Audit Picture

In case you missed it:  Jim Colip, our DW trainer/expert on all Business Audit offerings, shared yesterday that he recently began work for a merchant brought to him via Discovery Call from a DW San Diego Agent -- and conservative estimate is that we can get back around  $500,000 for that merchant!!

Barb, did you say  ---

Yes, I did.

If that doesn't get you off your knickers and into action, WHAT WILL??

Because it doesn't matter what percentage of that ends up being paid, it is going to make 8 levels of other DW Agents very happy -- AND NOT YOU!  The good news is:  there are hundreds of thousands of merchants out there just waiting for your approach so THEY can reduce, recover and recapture an impressive amount of money and on which YOU will get paid!

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Can't think of a merchant to approach for a Discovery Call?  Jim suggests your doctor or dentist or other health care professional.  Everybody has one; and Jim can help that  health care professional with their tax situation,  if nothing else.

The recommended pitch if you  feel you can't 'speak remediation' --

"Our experts say they can reduce, recover and recapture money for you.  It doesn't cost you anything for a 20 minute consultation.  When is a good time?"

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How about Clover Go?

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

From the Inbox just now:

Hey guys.  Look at this one.  WOW.  Over $1500/month -- 65% savings-- What a savings!!!

Maury Sasso

"Your Success is Our Success"

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From South San Francisco:

Jim Colip explaining the future with Audits to a rapt crowd!

Great time to be a DW Agent...

Rick Andersen, Top Agent and part of the original group at John Daniels' house when DW was born, shares some DW Truths as only he can: