Electronic Payment Acceptance Program

Help small-business owners improve their business’s performance.

Your credit union can help small-business owners with one of the most important financial products they will use, according to Manhattan Consulting Group – electronic payment acceptance.

Through a strategic alliance with CUNA & Affiliates, Newtek Merchant Solutions can help your small-business members to create a customized payment processing solution for any business, large or small.

Newtek Merchant Solutions enables all merchants, including retail, mail-order, Internet, and mobile merchants to accept credit, debit and ATM cards for payment. Newtek Merchant Solutions also allows merchants to convert paper checks into electronic transactions, ACH customers' accounts, and implement electronic gift and loyalty card programs.

Every merchant needs electronic payments

Because it’s been proven that customers spend more per sale and purchase more often when they use credit and debit cards, every business today needs to be able to accept multiple forms of electronic payments.

Credit card acceptance and electronic check conversion provide merchants with funds in two business days to speed cash flow. Additionally, the ability to sell and redeem gift cards boosts sales revenues and keeps customers coming back to the merchant.

Offer more value today

• Enhances your overall financial service and cash management offering
• Enables your small business members to utilize their credit union accounts for the receipt of funds
• Builds stronger business account relationships while attracting new members
• Creates new and significant monthly recurring revenue streams while assuming no liability – Increase non-interest income!

Newtek Merchant Solutions makes offering electronic payment acceptance services to your small business members easy and essentially labor-free.

• Simply direct your members to Newtek Merchant Solutions for any of their electronic payment acceptance needs.
• Upon receiving a referral, a Newtek Merchant Solutions sales agent will contact the merchant via telephone to initiate and ultimately (often in no more than two telephone conversations) complete the sale.
• The Newtek Merchant Solutions sales agent will determine requirements, suggest solutions, quote pricing, and help the merchant complete the application.
• Newtek Merchant Solutions equipment deployment partner (Tasq) guides the merchant via telephone through installation of equipment.
• Newtek Merchant Solutions provides around-the-clock customer support.

For more information, please visit www.cusmallbusiness.com or call Newtek at (866) 610-2862.

Click here to view an introductory press release.