Three Things You Should Know After SEAA
Updated: Jun 14, 2021
Did you attend SEAA 2021 in May?
Did you WANT to attend but missed out?
There were three main topics discussed this year and Eagle Processing has the solution for all of them.
Take a look at each of the categories discussed below and reach out if you have any other questions.
Cash Discount & Tip Solutions
Cash discount was a primary topic and was discussed from booth to booth with many similar or duplicate solutions… The one thing that was NOT DISCUSSED and one might say ignored was Merchants who accept tips (restaurants, service, hospitality, etc). These merchants have long been in need of a solution for cash discounts and accounting for tips.
Most cash solutions do not address how the cash discount works on tips much less balance this to the merchant which leaves the merchant overpaying processing fees, taxes, and franchise dues.
Eagle Processing has developed a true cash discount solution that provides accurate end of year tax reporting that reflects true sales vs sales and tips combined. There is no rate manipulation and the merchant can balance the batch and not overpay on tip transactions..
Our solution also gives merchants clear and transparent statements that balance to the merchant deposit and batch amount while maintaining the discount rate of even 4%.
Let’s talk about PETRO!
Remember a few years ago when EVERYTHING required “dipping the chip?” Well… everything except gas pumps? That’s about to change with EMV compliance being mandated at the pump. Did you know that it costs an average of $15,000 per pump to upgrade to EMV compliant payment systems? That’s an easy spend for some of the big companies, but for the local independent stations… it’s not affordable (although it’s a necessity.) Eagle saw this coming and has developed affordable solutions to upgrade for EMV compliance. We see our hardware as an industry leading solution that will provide immediate growth potential to all ISO’s, agents and merchants we serve. This immediate PAY AT THE PUMP solution also allows the merchant to offer cash discount at the pump while increasing ISO/AGENT revenue.
Full Service Providers & ACCESS
Being a one-stop-shop is important to us. ISO's, Agents and merchants need a partner who is capable of customizing the solution needed to best serve them and their clients. At Eagle, we have access to programs for any industry.This includes everything from retail, restaurant, eCommerce, high risk industries, petroleum, and even niche markets ( Collections, CBD, internet malls, etc). Eagle’a custom solutions offer you the ability to develop the solution you always wanted but other processors would not consider… If you have a unique solution you have always wanted to bring to market… lets chat…… We do this with our own strategic partners.
Businesses like AMP, Fee$ave, FlatZero, and Arrow POS.
If you have more questions about Eagle Processing and are ready to feel the difference of working with a TRUE processor with access to the solutions you’ve been looking for, we’d love to chat.
Email us at firstname.lastname@example.org or fill out this form and we’ll be in touch soon to create the innovative solution you need.