Credit card processing and merchant services for your business.
Exclusive Energy Solutions can open a merchant account and help your business accept credit cards or lower your current merchant account processing fees. We make it easy to get the merchant services and tools you need to manage and grow your business. We offer a risk-free, month-to-month service agreement with no startup costs and no hidden or cancellation fees. Not to mention, live Customer Care and Technical Support – are here to support you day or night.
Transparency Through Education
We create a human connection with our customers that creates ease and trust. Integrity and honesty are core beliefs of Exclusive Energy Solutions. Giving us a chance will only create a win, win, win outcome. It will be a no-lose situation that will only create cost-effective results. We always ask our customers "Why wouldn't you partner with Exclusive Energy Solutions? " We say this with confidence when you partner with us you will always walk away with a fair market price lower than our competitors.
We don’t expect you to understand everything there is to know about small business merchant services, payment processing, and point of sale. That’s our job. We take the time to educate our small business merchants so that they understand exactly what services they are getting.
Transparent pricing, like ours, for merchant services isn’t very common. That’s why we think it is important for small business merchants to know the details about different pricing models so that they understand how our services save money over the competition. When you do better we do better!
Call us today and we’ll answer ANY questions you have and show you exactly how to save money and get better small business merchant services.
New To Small Business Merchant Services? Here are the basics:
What Are Merchant Services?
Merchant services is a term that is used to refer to a variety of financial services intended for businesses. These services include payment processing (broad term), point of sale (POS) systems, and merchant cash advances. Payment processing is by far the most popular of the three merchant services followed closely by point of sale and lastly business loans and funding.
What are merchant services providers?
Merchant services providers, aka MSPs, are companies that offer payment processing, point of sale, and or merchant cash advance loans to businesses. Some MSPs do not offer loan services though most offer payment processing and POS systems. MSPs work as an intermediary between the customer bank and the bank. The merchant service provider supplies the equipment and systems necessary for the merchant to be able to accept payments by credit or debit card, check, or ACH.
During a transaction, the funds from the customer bank are transferred to the merchant's bank through the merchant service provider. This transfer can take anywhere from 12 hours to 3 business days to complete depending on the type of transaction taking place (credit, debit, ACH, or check) in addition to other variables.
Credit And Debit Card Processing
Merchant services almost always include credit card processing. As the name implies, this service gives the merchant the ability to receive credit and debit card payments from their customers. Most commonly this is using a traditional credit card machine, also known as a terminal. Other methods of acceptance are through point-of-sale systems, which act as a credit card machine and order entry system in one, and through virtual terminals which are web applications that give a computer the functionality of a traditional credit card machine (usually with a few other added features).
Payment Gateways And eCommerce
Payment gateways are another payment processing service offered by merchant service providers. When two parts of a payment system need to be connected a “payment gateway” is often used. A common example of a payment gateway is e-commerce. When connecting a website’s “shopping cart” system with the merchant’s payment processing account, a payment gateway is often needed. Some point-of-sale systems also require a payment gateway to connect to the processing account as well.
A virtual terminal serves the same purpose as a physical processing terminal, except on a computer or online. Virtual terminals have the ability to accept credit and debit card payments but usually include added features such as the ability to store tokenized card information for recurring payments.