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Table of Contents

Lead Story

Ups, downs, ins and outs of vertical market tradeshows


Industry Update

Facebook payments on back burner

Faster fleet fueling

Discover streamlines compliance

Mobile payments coming of age

Processors gobble up mobile


Jerry Sellers

Sunshine state shines on payments

ACH pros recognized nationally

Selling Prepaid

Companies vault into prepaid 2009

Companies vault into prepaid 2009

Prepaid in brief

nFinanSe ups ante with low-cost cards

A revolution in consumer health

Snapshot of the European prepaid market


Change, the economy's enduring fuel

Patti Murphy
The Takoma Group


Street SmartsSM:
Return to the hunt

Jason Felts
Advanced Merchant Services Inc.

Your merchant is calling

Dale S. Laszig
DSL Direct LLC

Wireless, fit for furniture

Tim McWeeney
ExaDigm Inc.

Bankrupt banks and credit card acquiring

Adam Atlas
Attorney at Law

What's in a name?

Nancy Drexler
SignaPay Ltd.

2009: Challenges and opportunities

Lane Gordon

Company Profile

Processing Solutions

Card Group

New Products

Countertop terminals, magnifique

ICT 220 and ICT 250

Future proof that POS

Product: Vx510 Ethernet terminal
Company: VeriFone


Catch and release office tension



Resource Guide


A Bigger Thing

The Green Sheet Online Edition

January 21, 2009  •  Issue 09:01:02

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Your merchant is calling

By Dale S. Laszig

Here's a disturbing scenario: As a potential customer, you're treated like royalty. You're wined and dined and told there is no such thing as a stupid question. You shake hands and sign some paperwork. Then a few days later you call to clarify something. Your agent, who no longer remembers you, refers you to a toll free help-desk number.

In our industry, this happens every day. If we were selling appliances, we might be able to get away with this kind of attitude and behavior. But we are selling merchant services.

When your business is service, every communication is part of your customer's experience. Every time our customers reach out to us, for any reason, it's one more chance to show them how much we care.

The more we improve the quality of their experience, the less receptive they will be to the next competitor who offers them a better deal or vows to treat them with more respect.

The challenge of balancing sales and service is a dilemma faced by many of today's businesses. Its the classic problem of getting results versus building infrastructure. Most organizations need to build infrastructure to get results, and they need to get results to continue building sustainable infrastructure.

The same rules apply to ISOs and merchant level salespeople (MLSs). How do we continue to build our portfolios while keeping existing customers happy? Here are some strategies used by some of our industry's most successful ISOs and MLSs.

Follow up

In the world of sales, there is nothing more critical than detailed and punctual follow-up. Every time you meet with existing or prospective clients, there are usually a few items that need to be addressed after the meeting.

Why bother to take notes at a meeting if you never look at them again? Too many of us nod in agreement with customers and never follow up on their requests. The best way to demonstrate the reliability of your service, and your personal interest in a client, is to be actively engaged in researching and following up on all of your "take-aways."

Manage expectations

Effective MLSs will routinely under-promise and over-deliver to their customers. They clearly communicate their company's process flow to new merchants to give them a realistic idea of when to expect equipment delivery, a Merchant Identification Number, online reporting access and automated clearing house deposits.

The best agents leave nothing to chance. They affix help-desk and supply order numbers to terminals. They advise customers to notify risk management before processing ticket transactions that are unusually high. They provide contact numbers for banking and technical issues.

Demonstrate technical knowledge

The best way to bond with your merchants is to have first-hand knowledge of their processing systems. Whether your merchants use traditional countertop terminals, wireless devices that depend on Wi-Fi or cellular networks, or virtual terminals that process sales on the Internet, superior sales agents run test transactions on every solution they sell.

They study each new enhancement and system that is introduced into their sales and partner channels.

We are in the business of selling electronic transaction technology; a basic understanding of how these systems operate is essential. Product knowledge proficiency will help establish credibility and trust with merchants.

Be proactive

Good MLSs react quickly to their customers' needs. Great MLSs anticipate their customers' needs. Routinely update your customers on changes taking place within your company and in the payments industry.

With all the mergers and acquisitions going on, it's not unusual for a company to sell or acquire a merchant portfolio. When this happens to your company, reach out to your customers right away to prepare them for any changes in branding or procedure.

Let them know you want their transition to be smooth. Encourage them to call you if they are unable to connect with anyone in technical support or customer service.

Keep abreast of changes

Technology is always changing; keep merchants in the loop on new developments that will increase processing speed and efficiency. If you don't make them aware of new options, your competitors will. A simple e-mail, Web site banner or flyer inserted into a merchant statement can increase awareness of new products or services.

Interchange is always of concern to merchants. Not all interchange updates from the card brands trickle down to their level. Take a proactive approach to educating merchants on rate increases and new interchange categories. Preparing merchants for these changes will help decrease customer service calls and increase your value as a trusted partner.

Security is another crucial, constantly changing aspect of our business. Updates to the Payment Card Industry Data Security Standard need to be communicated throughout your channel to ensure all merchants are using compliant hardware and software to process transactions.

Failure to comply with these guidelines could result in costly fines, increased vulnerability to fraudulent transactions and loss of the ability to accept credit cards. Your knowledge and expertise on this subject can increase your value as a specialist and trusted partner and lead to more referrals.

React quickly to leads

React immediately when you receive a lead. A lead is a vote of confidence in your ability to deliver a timely solution to a customer.

There's no greater expression of customer satisfaction than when one of your merchants refers you to another business. As you grow your merchant portfolio, your merchants will refer you to their friends, relatives and even competitors. They want you to do well so that you can continue to provide great service.


One of the best ways to thank your merchants for their referrals and continuing business is to purchase their goods or services. They will be delighted when you shop at their stores, eat at their restaurants and stay at their hotels. It will be their turn to roll out the red carpet and welcome you to their extended family of customers.

Dale S. Laszig has a varied background in sales for First Data Corp., Hypercom Corp. and VeriFone. Her dedication to technology, writing and graphic design led to the formation of DSL Direct LLC, a marketing services company geared toward payment professionals. She can be reached at 973-930-0331 or

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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