Monday notes from Mike:

Listen to recorded call from last nite.

Most of u reading this were not even around 60 years ago when Diner's Club started FIRST credit cards. Ask your parents or grandparents what they remember back then- Black/white TV- no cell- no internet-no computer---but Credit Cards thru Diners Club.

Barb and I started taking Credit Cards in mid 1980's in our retail biz--MC, Visa--No AMEX and no Discover.

Always been a real secretive unregulated industry--till August, 2014 when John Daniels sat down with us to gauge our interest in CC Processing with a networking Concept.

YOU now have the opportunity to share in the riches of this industry--FIVE trillion annually in USA alone---all thanks to John and his 12 year dream to add MLM to this industry.

Go enroll five Agents personally this week--all online and help them do the same. There are over 28 million merchants in USA that need our help--fast--as 10/1/15 deadline for EMV fast approaching.

Read blog EVERY DAY.

Have fun and remember that two of biggest companies in world-Apple and Microsoft-- all started with one person's dream.

JUST LIKE DIGITAL WORLD PAY.

Mike
Michael R. Lammons
Pacific Coast Manager
Digital World Pay

559 824 3254 Cell & Text  (contact me for help!)
Mikelammons@gmail.com

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DIGITAL WORLD PAY ON SLIDESHARE CLICK HERE.

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MORE DWP SMILES FROM THE ROAD:

Mike Lammons -- Whaaat?

Marlyn Ano -- a DWP Merchant

Sit down, Cora!

Professional Women love DWP

Vance Ginther with Dave Margolati

Learning from John Daniels

Michele Margolati welcoming everyone to work together in North Bay area

TWO SIMPLE THINGS

Understanding EMV 


What is EMV?
When the calendar turns over to October, 2015, the major credit card companies will shift their liability to you, the retailer, for credit card fraud unless you have installed EMV technology in your store. EMV’s big push has been and will continue delivering chip-enabled new credit and debit cards to your customers. With the EMV launch, every customer will enter a PIN for purchase transactions, an additional security step meant to stifle credit/debit card fraud. This is a very big deal and way past due here in the United States. The PIN adds an extra level of security that protects you and your customers. The chip itself adds more advanced encryption to every transaction, also protecting your business and your customers' payment data.

What is the mandate for EMV?
There's no government mandate or fixed time line but times change and businesses must change with it to remain relevant and profitable. This is just a cost of doing business. If a merchant does not switch to EMV, their PCI compliance is at stake, their security risks increase and may fall behind. Not converting will cost businesses short-term profitability and long-term future with your business. Visa, MasterCard, American Express and Discover want the country converted to smart cards by October 2015

Why the Merchant should switch over to EMV.

1. Chargebacks will be lowered.
2. Customers expect it.
3. They stay in business.

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CHIP CARDS, BY THE NUMBERS
·        
          1   billion: EMV cards to be issued by the end of 2015

·         13 million: Retail point-of-sale systems that need upgrading or replacing to be EMV-compliant

·         40%: Percentage of U.S. debit cards that will be issued as EMV cards by the end of 2015
·         70%: Percentage of U.S. credit cards that will be issued as EMV cards by the end of 2015
·         86%: Percentage of financial institutions that plan on issuing EMV debit cards in the next two years
·         $3.50: Average cost for issuing a new EMV card

·         $500: Average cost of an EMV-compliant point-of-sale terminal

The move to EMV in the United States is long overdue. However, it is a reasonable approach to thwarting credit and debit card fraud in card-present transactions. No one likes change but this is a change that must occur to better protect  businesses as well as customer data.



How does this Affect You?

The credit card processing industry is in the midst of a monumental shift in the way credit cards are used, affecting every one of the 11,000,000 businesses nationwide.

THIS IS HUGE. Not only are you now part of this great company but you are in it at a perfect time and you have the opportunity to offer FREE EMV Terminals. Not only is the terminal FREE, it also accepts Apple Pay and Google wallets. 

This is a once in a lifetime change in the credit card industry. Not only are you starting this business in it's beginning stages; you are also starting at one of its most important times. This is not only a GAME CHANGER this can be a LIFE CHANGER FOR YOU! If you want to to have financial freedom, this is the time to take advantage of the great opportunity that was given to you.


EMV is NOW.

Merchant Guard is NOW.

Are you ready for Now?





]http://video.cnbc.com/gallery/?video=3000245914



http://www.thatsemv.com/downloads/Gemalto_video_-_What_is_EMV.mp4

Do you  realize your income could be set for life by the end of 2015? 

Just GET CRACKIN' NOW!

TWO SIMPLE THINGS:

Let a merchant know you can get him a free emv-ready terminal.
Let a merchant using square know about PayAnywhere.

AND:

Let someone else know you can get them a start in the card processing industry!

Merchant Guard brings VALUE TO MERCHANTS

Lots of value going on in MG today -- take a look:

SAN DIEGO regular Saturday MG Agent training headed up by Super Agent Rick Andersen and team, with headliner JOHN DANIELS.   This follows up the weekly Thursday night intro get-together.  San Diego is OFF THE HOOK!


MACON, GA, called in:  Wayne and Angelia Harrington are at a huge 40 ac. flea market having fun in the sun demo'ing the Merchant Guard ProCharge app on their mobile phones to merchants.  

Wayne also said he has 6 appointments set for Monday just from dropping in to small retailers on the outskirts of Dublin.

AND GET THIS:  he walked in to one establishment yesterday and introduced himself and the subject of EBT and the owner grabbed him: "I was just online trying to find out what to do!  I got a notice about a deadline for accepting the cards but don't know what to do!  Can you help me?"     HELLO!  Wayne here to help.

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GIFT CARDS

Had a great Friday visit with Sean Krohn from Santa Cruz and Fresno's Leslie Juencke -- both with people to share the  MG career opportunity.  Learned this via Leslie's merchant appointment:   one of her merchants is in a poor neighborhood, so the 15-20% savings MG can get him  is a big deal.  BUT we called on our Expert and Founder, John Daniels and he said, 'Don't forget about gift cards.'

We looked at each other :  he must not have heard the part about this being a poor neighborhood.

But he heard us all right --- and taught us  some of the gift card  benefits to merchants.  Here are a few:

1. MG will give merchant 50 free gift cards.
2. Gift cards can be used over and over again because they are rechargeable.
3. There is almost always breakage on gift cards:  lots of folks leave some change on then which is profit to the merchant.
4. Gift cards are a handy way to advertise (come to training for this: register in your back office).
5. MG charges no processing fee on gift cards so they are free to merchant, unlike the universal fee on debit cards (22 cents/transaction) or credit cards (variable --see schedule)!

So you can see gift cards  bring value to EVERY merchant.  Register for the upcoming training webinar today!

 
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 LAST NEWS:   I do not have permission to share this but let it serve as your confidence-builder.  

MG Super Agent Rick Andersen has been busy training his Agents and building his team.  Decided yesterday to try his hand at gathering a merchant statement to submit for processing.  He went out.

And came back with just one:  for over $300,000/mo. in processing -- way  over.

Why should this impact you?

Mike Lammons pointed it out:  "Makes you wonder about the tiny biz doing under $5K/month who won't let you see his statement!  Don't stop with him.  The next merchant you approach might be looking for savings on his HUGE statement."  
 

Rick must have worn his Issy Miyake! 

Merchant Guard = passionate analysis of a merchant statement

Entire blog today is Avita's passionate analysis of a merchant statement sent in by Leslie Juencke - MG029.  Print off and keep close.  The processor here is a major bank -- just sayin':

Ok this one is a little tricky because it is a bill back which means they are charging some stuff one month and some the next. They also do not have amounts on the rewards card, mid qualified cards and non qualified cards -- that is really shady.

What I Can tell you is that they are charging them an annual fee next month so if he wants to avoid that charge they need to sign up asap. They also are not saying how much the annual fee is. It usually runs $100-$200 a year so breaking down to $8 to $15 monthly. So you will save him that right off the bat plus whatever they are charging him for PCI.

As far as his rate they are ripping him off big time on it. They are charging him 1.65% for his qualified credit and debit. 

He took $6942 in debit cards and  $548 in credit cards. 

On his Qualified cards he is paying $131.01 in fees with them. With us it would have only been $49.01.

(breakdown Credit $548 x 1.58% = $8.65 plus Debit $6942 x .58% = $40.26)

SAVINGS OF $82! That is just on the qualified rate!

We will also save him $23.53 on his transaction fees (they are charging him 18 cents a transaction --ours is only 5 cents!)

Batch fee: they are charging him 20 cents we charge nothing! Savings on batch fees monthly $5.80.


This guy is really getting taken advantage of. 


Total savings on what their statement shows us is 

$111! 

That is almost half of what he is paying! I bet if we could see his mid and non qualifieds we would save him more. 
You can also add it the PCI and Annual Fees lets say average about $15 a month! 





Tell him he is getting charged a 1.65% for 98% of his cards and our rate is only .58%! 


I attached what you sent me along with the application for the split program which this merchant should be on. Even if we put him on a bundled program we would still be killing their rates! 

Get this guy signed up and saving money today! This is what makes me mad seeing someone take advantage of someone! 
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Thank you,

Avita Pizano
Office Manager

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And you thought credit card processing was boring!