Press Release – For Immediate Release
BankCardApp’s Click to Agree Streamlines Merchant Onboarding
Calverton, New York – August 25, 2014 – Payment technologies innovator Electronic Payments has revamped their online merchant application system, BankCardApp, once again extending paramount service and state-of-the-art solutions to both agent and merchant partners. The simplified app provides fast approvals, alleviates data entry issues and can onboard a new merchant in minutes.
BankCardApp enables Electronic Payments agents to set merchant pricing and account details for every online app submission. The system integrates with the ISO Interface, Electronic Payments’ agent web portal, and automatically directs completed applications into the Underwriting queue for review.
“Automating the application process is crucial to ISOs and agents seeking online account acquisition tools,” stated Michael Nardy, Electronic Payments’ CEO. “Our partners can process more merchant applications than ever before with a solution that is convenient and efficient, and best of all, they can do it in a face-to-face environment or via email, depending upon the sales process.”
From a merchant’s perspective, BankCardApp breaks down the account details in simple terms and provides a concise pricing summary. Mr. Nardy added, “Businesses are oftentimes intimidated by the standard merchant application, but our clients have a clear understanding of their merchant account from the very beginning. Plus, they have complete control over sensitive information. We want merchants to be confident in their decision to partner with us, so we’ve developed the tools to instill that trust.”
Additional features and benefits include editable pricing templates, e-signature, and identity verification, which is a key element for those conducting business in a customer-not-present environment.
Streamlining user functionality is imperative. With its ability to support file uploads, the system enables users to upload supporting collateral as opposed to faxing paper copies for review. Agents can view the documents or check the status of their merchant applications at any time via the intuitive user Interface.
BankCardApp is available to Electronic Payments partners. Contact Electronic Payments for additional information.
Director of Marketing
(800) 966-5520, ext. 286
About Electronic Payments
With “Innovation through every transaction™”, Electronic Payments has distinguished itself as one of the fastest growing and highly regarded privately held payment and transaction processing companies in the United States. Electronic Payments currently serves businesses in all industry types and acquires new clients through a network of agent banks, sales agents and independent sales offices (ISOs). Visit www.electronicpayments.com for additional information or www.bankcardprogram.com to learn more about the company’s ISO and MLS programs.