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Table of Contents

Lead Story

Long live the check

Patti Murphy
ProScribes Inc.

News

Industry Update

Ruling a window to hot legal topic

NFC not paramount in expert testimony

NRF will try to block settlement

PCI SSC offers IT accreditation program

Features

GS Advisory Board:
Views on Visa's FANF

Research Rundown

Meet The Expert: Rick Slifka

ISOMetrics:
Consumer payment habits

Why advertise?

Selling Prepaid

Prepaid in brief

Is direct deposit the secret to prepaid's future?

Players profit from open currency

Views

Check fraud is the problem, RDC is a solution

Patti Murphy
ProScribes Inc.

Education

Street SmartsSM:
Start with a strong foundation

Jeff Fortney
Clearent LLC

Stage set for expansion of mobile payments

Henry Helgeson
Merchant Warehouse

The mobile app's role in marketing and sales

Ron Tunick ('Coach')
Nations Transaction Services

New era, same old game for MLSs

Dale S. Laszig
Castles Technology Co. Ltd.

Prepare for the mPOS wave

Rick Berry
ABC Mobile Pay Inc.

Health-care fraud: Back with a vengeance

Nicholas Cucci
Network Merchants Inc.

Company Profile

Central Payment Co. LLC

New Products

A POS for Main Street merchants

POS-itivity!
CardWare International

Bringing social order to business

The Social Merchant
The Social Merchant

Inspiration

A lesson from the Greeks

Departments

Forum

2012 events Calendar

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

September 24, 2012  •  Issue 12:09:02

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Forum

The value of deposits for bank partners

I currently have one bank partner and I am working on a few more, but I am having a hard time finding statistics in relation to a credit card processing account and how much of the merchants deposits will be moved if the merchant account is moved to the bank. Deposit accounts are the bank's lifeblood, and I would like to show them how much more they can get if they get at least a deposit account associated with the merchant account. Also any other banking stats, such as stickiness, processing profitability, etc., for banks would also be helpful.

Kyle Morgan
Mercantile Processing Inc.

Kyle,

For an informed perspective on your questions, we consulted Ken Musante, President of Eureka Payments LLC. He also has extensive experience in the banking realm, having been a senior executive at Humboldt Bancorp for many years. Here's what Ken had to say:

Thank you, Ken, for giving us this insight into the banking realm. And thank you, Kyle, for sending in your question. It is helping readers like you that keeps us going.

Editor

Do you have a burning question about the payments business? Reach out to us via email at greensheet@greensheet.com, by phone at 800-747-4441, or on Facebook or on Twitter using @the_green_sheet

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

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Spotlight Innovators:

North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services