Yes, Gift Cards make you money!

Oct 20, 2023

 



As we approach the 2023 Holidays, Merchant Processing Solutions suggests you look at selling HOLIDAY GIFT CARD compatible POS System. Gift Cards are the most purchased gift over the holiday season. Last year, 2022, $899.3 Billion dollars in gift cards were sold. Gift Card sales increase 114% from October – January each year.

Based on these stats, a business can increase yearly earnings by almost 20% with just offering Gift Cards for their products or services! This is certainly true for restaurants, cafes and coffee shops where these gift are perfect for employees, employers, teachers and other service individuals in our lives. 

I warn you though, BE CAREFUL! There are companies that partner with Gift Card Companies that not only charge for the service but a percentage  and even some charge transactions fees! 

You also want to be able to design your own gift card and purchase the amount of cards you want to have on hand. Make sure that the process to set up the Gift Card Program and the uploading of money to each card is simple for all your employees to do! 

I believe this could be a great program to kick off the Holiday Season and those SOLD CARDS will be redeemed in 2024! 

Please lets get together to chat, thanks

Merchant Processing Solutions Inc. 

954-938-2420



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Merchant processing industry continues to undergo significant transformations in today’s rapidly evolving digital landscape. In 2024, both businesses and consumers will experience new trends that promise to make payments more secure, efficient, and convenient. Understanding these new trends will help you increase revenue while maintaining secure, effectient and convenient forms of payment connections for your customers!

By Merchant Processing Solutions 23 Jan, 2024
Visa / MasterCard Interchange Fee Settlement Recovery.The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws.The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Plaintiffs, (b) the United States government, (c) the named Defendants in this Action or their directors, officers, or members of their families, or (d) financial institutions that have issued Visa-Branded Cards or Mastercard-Branded Cards or acquired Visa-Branded Card transactions or Mastercard- Branded Card transactions at any time from January 1, 2004 to January 25, 2019. The Dismissed Plaintiffs are plaintiffs that previously settled and dismissed their own lawsuit against a Defendant, and entities related to those plaintiffs. If you are uncertain about whether you may be a Dismissed Plaintiff, you should call 1-800-625-6440 or view the list of Dismissed Plaintiffs for more information.The Notice has important information for merchants that accepted Visa and Mastercard from January 1, 2004 through January 25, 2019. It explains the settlement in a class action lawsuit. It also explains your rights and options in this case. The court also issued a “Notice of Exclusion” to the Dismissed Plaintiffs and an additional notice to those merchants explaining their right to file claims.Click Here to Submit a ClaimNeed for information? Please give us a call! 954-938-2420Merchant Processing Solutions Inc.Please Call Merchant Processing Solutions Inc. @ 954-938-2420
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