Archive for April, 2011

Get a Merchants Cash Advance for your Business Funding

Wednesday, April 27th, 2011

In today’s business and banking environment, entrepreneurs and business owners need to be creative in finding business funding.

One fairly recent approach being successfully utilized by many savvy businessmen is what is known as a merchants cash advance.

A merchants cash advance can provide capital for your business needs, whether it be for inventory financing, equipment purchases, general cash flow purposes, leasehold improvements or other crucial business funding requirements.

How a merchants cash advance works

You receive the cash you need now, based on your future credit card sales.

You automatically pay back the merchant cash advance from those future credit card sales. So there are no fixed monthly repayments, nor any debt or collateral agreements attached to your business. You repay the advance as you get paid from your clients or customers!

It’s a simple straightforward approach to business funding, one that has helped countless businesses to sidestep the hassle of traditional, difficult to be approved bank financing.

The criteria for a merchants cash advance

If you can meet the following 3 criteria, you are well on your way to qualifying for a merchant cash advance for your business funding needs:

  • Your business must have been accepting credit cards from your customers for a minimum of six months;
  • Your business must be processing a minimum of $5,000 of credit card purchases each month; and
  • Your business must presently be processing credit cards sales at least every day or two

What do I do next to get started?

1. Call us at 888-383-8056. Our client representatives can give you all the details you need to understand how simple our program is.  It shouldn’t take more than fifteen minutes for them to provide you with an estimate of the merchants cash advance your business can qualify for. From there, you’ll find that the application process is quick and easy.

2. Contact us for more info by completing our Contact Us form and we’ll get right back to you within one business day.

3. Or if you prefer, you can email us for more information about our business funding program at

Merchant Accounts for Bail Bond Companies

Wednesday, April 20th, 2011

Typically, merchant accounts for the bail bond industry are seen as high risk by merchant service providers, often making it difficult to secure a merchant account at reasonable rates.

But at The Transaction Group we can facilitate your search for a low cost, reliable merchant account for your bail bonds business.

You can select from one or more of our 3 processing options:

1. Retail Swipe Machine: Offering robust and easy to use swipe machines and wireless terminals, you can select from a variety of top brand machines, including Nurit, Verifone and Dejavoo. For more information: Credit Card Processing Equipment

2.    Internet Ecommerce Processing: Use our gateway to accept credit card payments at your website. For more information: Online Credit Card Processing

3.    Smartphone Credit Card Processing: If you need to accept debit and credit payments while you’re out in the field, you can use your Iphone or other type of smart phone to process credit cards. For more information: Smart Phone Credit Card Processing

You may be wondering why you should choose TTG’s solution for processing credit and debit card payments from your clients:

•    You will not have to pay a monthly minimum fee. So, unlike our competitors, if you have a low monthly volume of processing, we don’t charge you a minimum payment.

•    Perhaps more importantly, with our merchant accounts for the bail bonds industry, if you decide to cancel your merchant account, you will not have to pay the ‘cancellation fee’ typically charged by credit card processors.

•    Additionally, if your bail bond business already has a merchant account, you’ll find that if you compare our rates, we can probably save you a pretty substantial amount each month. Give us a call and we’ll see what we can do to lower your monthly payments.

To learn more or to get your merchant account for your bail bonds business, call us toll free at 888-383-8056   or if you prefer, you can just complete our quick online form.

Merchant Accounts for Taxi Cabs

Friday, April 15th, 2011

Having the ability to accept payments by credit or debit card using a merchant account for taxi cabs can significantly increase your income.

Customers really appreciate the option of paying using their card – and often tip better when paying with a card rather than with cash. In addition, you won’t have to carry nearly as much cash with you in the cab.

At The Transaction Group (TTG) we can offer you two different mobile processing solutions:

1.    Use a wireless processing terminal. Select from 3 wireless machines for taxis. The compact Nurit 8020 includes state-of-the-art technology with a touch screen for easy information input. Our Dejavoo M Line wireless terminal allows you to take paymen s anytime, anywhere. And with the Way Systems Mobile Transaction Terminal you can combine a conventional point-of-sale terminal with the convenience of a mobile telephone. All of the terminals are well-priced and you’ll find them simple to use. Learn more about our wireless credit card processing terminals.

2.    Use your Iphone or smartphone. Recent advancements in payment processing now allow you to use your taxicab merchant account to accept customer payments directly on your smartphone or IPhone. You can go mobile and take credit and debit card payments from your cab’s passengers wherever you are, without requiring any additional hardware. Learn more about credit card processing with smartphones and IPhones.

And if you operate a fleet of taxicabs out of an office, you may be interested in learning about our POS credit card terminals and our internet merchant accounts.

At TTG, our merchant accounts for taxi cabs offer you two rather unique benefits. First, we don’t charge you a minimum monthly fee. So if you have a slow month, no minimum charge is applied. Check around and you’ll see most other processors will levy a monthly minimum fee. Second, you can cancel at any time – there is no long term commitment. You’ll find that our competitors usually charge a substantial fee for terminating their contract.

If your taxis already have the ability to process debit and credit cards, we can probably save you money. Contact us and we’ll take a look at your present monthly merchant account and processing charges – and chances are we can reduce them by up to twenty percent or more with our merchant account for taxi cab program.

To get started accepting credit and debit cards from your taxi’s passengers, simply fill out the short online form. Or you can speak with us, by calling us toll free at (888) 383-8056.

Gaming Merchant Account

Wednesday, April 6th, 2011

It’s critical you take credit cards if you operate an online gaming or gambling site. Your customers need a way to top off their account so they can enjoy your service and start playing right away. Traditionally, online gaming and gambling sites have found it challenging to find a gaming merchant account with competitive rates, as most merchant services providers will not work with these types of businesses.

We’ve partnered up with numerous domestic and offshore banks to offer merchant accounts for online gaming and gambling sites. We offer solutions for new businesses that don’t currently accept credit cards as well as offer big savings for merchants that are currently accepting credit cards.

The Transaction Group realizes the online gaming and gambling markets are growing worldwide and will continue to for the foreseeable future. These are legitimate businesses that deserve the same attention & service traditional internet businesses get. We’re committed to make sure your business gets both.

For more information fill out our online form & we’ll reach out to you right away. Please provide as much information as possible so we can be better prepared when we contact you.

Merchant Accounts for Churches

Tuesday, April 5th, 2011

More and more churches are discovering the benefits of having a merchant account which allows them to accept credit card payments from church members. Making donations, tithes or dues by credit or debit card is a great convenience for parishioners – and research shows that having the ability to accept credit cards can significantly increase both the frequency and the magnitude of payments.

With a merchant account your church can:

•    accept donations from your church’s membership over the Internet, at your church’s website. We’ll set your website up with a payment gateway from In addition to allowing members   to donate at your website, you can use the merchant account’s virtual terminal to authorize and process donations given to you over the phone or through the mail. Read more at our internet merchant account webpage.

•    swipe debit and credit cards using a credit card terminal. A swipe machine allows you to take church members’ cards and swipe them through the terminal, just like in a retail store. Read more at our retail credit card processing webpage.

•    process credit cards with a wireless terminal. We also make available to your church a number of powerful credit and debit card processing solutions that use wireless machines. Wireless terminals can take the place of your collection plates, so your parishioners can use their credit cards instead of paying cash. The terminals are very reasonably priced and a breeze to use. Read more at our wireless credit card processing webpage.

•    accept credit cards payments on your Smartphone or IPhone. Modern technology now allows you to use your church’s merchant account to accept credit cards using a Smartphone or IPhone. This gives you the ability to be “mobile” and process cards at church bazaars, church picnics or wherever your church’s activities may take you.  Read more at our Smartphone and IPhone webpage.

Another great feature of our merchant accounts for churches is that they allow your church to accept “recurring” credit and debit card payments, so church members can set up a plan to make monthly tithes or donations automatically on their cards each year, month or week, as they see fit.

So, what’s unique about our merchant services for churches?

•    Well, unlike the majority of merchant account providers, we do not ask that your church sign up to a long term contract where, if you later decide you want to cancel the merchant account, they charge you an early termination fee. Not so with us – it’s month to month, so you can cancel without paying a penalty.

•    And unlike most of our competitors, we don’t charge you a monthly minimum fee – so that means if you don’t process a lot each month, you won’t be saddled with a minimum monthly fee.

Perhaps your church already has a merchant account to accept credit card payments? If so, there is a very good chance that we can significantly lower the fees you are paying each month. Give us a call and we’ll review your present processing statements and prepare a rate plan for you, with savings of as much as 20%!

To find out more about our merchant accounts for churches, you can just complete our short online merchant account application. Alternatively, simply give us a call, toll free, at .