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2020 Q3 + Q4 NEWS, EVENTS + UPDATES JUNE 2021

MX™ Connect Webinar Series TRAINING RESOURCES

We announced a new webinar series to get you acquainted with MX™ Connect, our premier merchant boarding and partner management tool. We also announced VIMAS Pro’s ‘TrackIt’ and MX™ ISO Agent’s ‘Tickets’ or ticketing systems sunset May 14th, 2021 and all “tickets” should be submitted through MX™ Connect. Our first webinar focused precisely on this; an overview of MX™ Connect along with a deep dive into Cases. As we continue the series, visit MX™ Connect’s Document Library/Videos and search for “Connect” to find all MX™ Connect related webinars and training videos.

And to keep the information flowing, we have provided new and updated, segmented user guides for MX™ Connect as well as a Tips and Enhancements guide, showing you all the tips and tricks you may not be aware of, saving you time and – basic wonderment! Locate the Tips and Enhancements and all user guides by visiting the Document Library/Community Documents.

 

Spring Webinar Series

We announced the 2021 Spring Webinar Series, designed to help you start new conversations with new and existing merchants in this ever-changing world. We’ll take a look at solutions from our integrated terminal offerings to digital payment solutions for Health care providers; helping you consider new solutions and enhancements to existing solutions. Watch the webinar series here.

June 8th 1-2 PM (EDT)

MX™ B2B Enhancement & Interchange Optimization Overview

Andrea Brock, John Grebe & Michael Breier

Learn how the MX™ B2B Interchange Optimizer App recent enhancement benefits merchants and how you may use MX™ Connect to realize existing merchants accepting corporate cards who should take advantage of this value-add service offering! We’ll be providing important interchange tips and show you the savings in store for merchants on interchange expenses and how this may add a new revenue stream for you.

June 10th 2-3 PM (EDT)

THE e|tab PLAYBOOK

Frank Quartararo & Greg Spatola

How to capitalize on one of the hottest business segments in the market… online revenue!

June 16th 2-3 PM (EDT)

DIGITAL PAYMENT SOLUTIONS FOR HEALTHCARE PROVIDERS

Dottie Ford

Are you delivering digital payment solutions that help Healthcare providers improve the patient experience, shorten their revenue cycle, redirect staff time from collections to other higher priority activities, and reduce a provider’s bad debt by as much as 35%? Join us to learn more about how Priority makes it possible to implement best practices and close more Healthcare sales.

June 15th 1-2 PM (EDT)

MX™ Merchant Gateway & Integrated Hardware Solutions

John Grebe, Josh Piercey & Michael Breier

Come join us to learn more about the latest benefits and features of our MX™ semi-integrated and stand-alone terminal solutions.

June 17th 1-2 PM (EDT)

Company.Com The Rebound Play: Helping Your Merchants Recover from COVID

Bill Wade, CEO &
David Kramer, COO & Head of Product

Learn about services built to address merchants’ most urgent post-pandemic challenges.

PRODUCT GIVEAWAY

We look forward to publishing the PULSE and providing meaningful articles, we ask for your feedback each newsletter. To help you get your thinking cap on and to sweeten the deal, we’ve decided to make you an offer you can’t refuse. Priority is offering to waive the monthly fee for e|tab on new e|tab account submissions that activate in June. This must be your first e|tab submission. Submit your idea(s) for the next PULSE newsletter at pulse@prth.com and you’ll be entered to win. Accounts must have an approved merchant account that processes transactions within June to have the e|tab Online Ordering or Contactless Dine-In buy rate waived for June. We look forward to hearing all of your great ideas!

Sincerely,

Andrea Brock
PULSE Newsletter Editor

We are excited to begin a new article series designed to help you learn more about the folks at Priority that help support you every day. To get started, two new Relationship Managers and two new Partner Success Managers have joined the team and we have some Q&A lined up to showcase just a little more about these individuals.

Kimberly Maddox

Relationship Manager

How long have you been in the Payments Industry?
It’s been 22 years

What’s your favorite Priority product offering and why?
MX™ Merchant has so many great features such as viewing live payments if ran through the MX™ gateway, the virtual terminal, Quick Pay which allows fast payments for credit cards in addition to cash, ACH and check. MX™ Merchant’s comprehensive reporting really provides a clearer understanding of the merchant’s business. I am also a fan of MX™ Express mobile app which is ideal if a merchant’s terminal goes down to prevent any interruption in processing. 

Are you an early bird or a night owl?
Early bird

Favorite sports teams/tv shows/movies?
Football: Falcons Home team
TV show: Blackish
Movie: Bad Boy’s For Life

What’s the farthest you’ve ever been from home?
Canada and I would love to go back.

Shneika Floyd

Relationship Manager

How long have you been in the Payments Industry?
I have been in the payment Industry since 1999

Are you an early bird or a night owl? I am definitely an early bird. I can’t sleep past 8:00 am to save my life. I like to ease into my day so when I’m up early, it gives me time to sip tea and organize my thoughts.

What would we most likely find you doing on the weekend?
My weekends are usually quiet. I like to relax with my family. We love movie and game nights which we plan monthly. Before Covid, I spent most of my weekends exploring new restaurants and shopping.

Favorite sports teams/tv shows/movies?
I’m not a big sports fan, so I always root for the home team.

TV show: Blackish – This sitcom mimics my family so closely you would think they come to my house to create their next episode.

What’s the best piece of professional advice you’ve ever received?
“Success doesn’t happen overnight, so if at first you don’t succeed–try, try again.”

Tony Lunnon

Partner Success Manager

How long have you been in the Payments Industry and what do you enjoy most about the industry?
Since 2010. It’s been cool seeing how vast the payment industry is and how quickly it adapts to new needs and technologies.

What’s your favorite Priority product offering and why?
My favorite is MX™ Merchant. It is a truly robust product with numerous add-ons and unlimited potential with ISV’s through API integrations.

What would we most likely find you doing on the weekend?
Hanging out with my family and grilling on the deck.

Favorite sports teams/tv shows/movies?
Sports Team: San Francisco 49ers
TV Show: The Boys
Movie: Django

What’s the farthest you’ve ever been from home?
Beijing China. I had a great time, I would love to go back.

Chuck Kirkland

Partner Success Manager

How long have you been in the Payments Industry and what do you enjoy most about the industry?
25 years in the Industry. I enjoy the ever changing technology and assisting Merchants/ISO’s build their business

What’s your favorite Priority product offering and why?
RPA agreements. This helps ISO’s stay afloat many times and allows PPS to gain revenue at the same time.

What would we most likely find you doing on the weekend?
I have 4 kids so tennis or track matches then the boy’s football starts shortly. Otherwise running errands.

Favorite sports teams/tv shows/movies?
Sports Teams: Braves and Falcons
Favorite Movie: Good Will Hunting

What’s the best piece of professional advice you’ve ever received?
“Focus on the customer needs/wants and when you walk into your home leave everything but family time at the doorstep”.

FALL 2020

Aiming to equip you with useful tools to help leverage new and existing Priority products, services, and partner offerings, we provided a Fall Webinar Series in October 2020 and covered the following topics.

Previous WEBINARS

MX™ Advantage for Surcharging

Our newest Marketplace App, MX™Advantage for Surcharging was released in May and is our proprietary application which provides merchants with the ability to apply a payment card surcharge, also known as a checkout fee, which is an additional fee a merchant adds to a customer’s bill when a credit card is used for payment. This surcharge helps merchants offset the cost of processing fees for credit cards and adds a new revenue stream for YOU! 

Merchants may combine MX™ Advantage for Surcharging with the following MX™ Apps, helping you reduce attrition and add value:

Keep an eye out for the next round of enhancements to this product offering. To watch the webinar and access marketing materials, click here.

MX™ QuickBooks Sync

Priority’s proprietary application, MX™ QuickBooks Sync, automatically syncs MX™ customer, invoice and payment data from MX™ Merchant into a merchant’s QuickBooks Online account—virtually eliminating the need to manually enter daily transaction and customer data, and manage multiple invoicing systems. Any merchant processing through the MX™ front end can activate MX™ QuickBooks Sync.

With MX™ QuickBooks Sync, merchants now have the freedom to choose their processor, saving hundreds of dollars in processing fees with the convenience of having all their daily data right at their fingertips when they log into QuickBooks Online.

MX™ QuickBooks Sync may be activated through MX™ Merchant app store just like our other apps. Merchants MUST process using the MX™ front-end in order for data to sync. MX™ QuickBooks Sync will sync data regardless of the MX™ product being used, this includes:

Ready to Get Started?

Contact your Relationship Manager today at (844) 225-2674 or rmteam@pps.io to learn more, or check out the training resources available via Priority University.

e|tab ONLINE ORDERING WITH DoorDash INTEGRATION

The e|tab Online Ordering team is proud to announce an exciting new integration to Doordash, the largest food-delivery logistics company* in the United States! Merchants using e|tab now have access to enable delivery at the flip of a switch.

Here is how it works:

Your merchant accepts their online orders the same way they do today. When the delivery option is enabled with Doordash, the only difference is that the “Dasher” (DoorDash Delivery Driver) retrieves the order to then deliver to the customer. Each delivery order has a flat cost of $8.00, which can be passed directly to the customer via a delivery fee. All funds from the transaction are funded directly to the merchant. On a weekly basis, the merchant is ACH’d for their delivery fees and DoorDash driver tips are entered at time of checkout. 

Delivery continues to be a major volume driver for both restaurant online ordering and retail eCommerce environments. With this new integration, you now have the ability to provide your merchant with an all-encompassing online ordering solution with a level of support unmatched by the competition. 

Check out Priority University to learn more about e|tab Online Ordering with DoorDash Delivery here.

MX™ B2B Interchange Optimizer Enhancement

You asked and we listened! We have enhanced the MX™ B2B Interchange Optimizer App to allow merchants to edit and enter their enhanced Level 2 and Level 3 data prior to settlement.

Why is this important?

Many Level 3 cardholders rely on line item data to be correctly displayed on their monthly statements. This new enhancement allows merchants to edit the default values and provide their customers with the specific enhanced data they expect.

So how does it work?

MX™ Merchant allows additional Level 3 fields to be edited and entered and the data is stored with the transaction. Here are some important tips to keep in mind:

Ready to learn more?

Check out these resources for a step-by-step guide and a look at all Level 2 and 3 fields and where this data may be found in MX™ Merchant.

ACH.COM

Thousands of merchants have benefitted from the ACH.COM solution over the years and we want to make sure you’re aware of the reasons why you should take a look at ACH.COM, especially now as businesses begin to reopen. Merchants are actively thinking of ways to improve payment processes and ACH.COM provides a totally secure, contactless solution. Industry-wide, users are turning to ACH for efficiency, as both consumers and businesses move towards contactless payments and away from paper checks.

Why ACH.COM?

ACH.COM is a fully-integrated ACH platform that streamlines processes and sets organizations up for success. It is one of the few processors in the country entrusted with a Fed Terminal onsite, providing earlier return responses and later cut-off times. We provide services to financial institutions, payment processors and directly to organizations and we understand the relationship between a processor and its customer is unique and demands a high level of trust, dedication to security and an unwavering commitment to regulatory compliance. What sets us apart also sets you up for success —and that’s our commitment to the business customers you serve.

With ACH.COM you have a team of AAP’s (Accredited ACH Professionals) at your fingertips to assist you with implementation, training and on-going questions. Our ACH.COM professionals are here to help you manage new industry opportunities like same-day ACH and keep up with the ever-changing NACHA rules and regulations. We support all models, from handling full ACH outsourcing to minimal involvement serving as your ACH support department. Our solutions are built on a modern and flexible technology infrastructure, which allows us to easily scale and support a variety of ACH solutions.

ACH.COM is fully integrated with MX™ Merchant

Whether you need a stand-alone option or one that integrates with MX™ products, we’ve got you covered. Within MX™ Merchant, ACH.COM can easily be activated for any existing merchant who wants to add ACH as a payment option. ACH.COM is also integrated with MX™ Quick Pay and MX™ Invoice, and banking information can be vaulted for customers just like credit cards for faster future payments.

Not only is ACH.COM the stand-alone ACH service of choice for banks and commercial customers across the country, ACH.COM is also built into CPX, Priority’s end-to-end integrated payables solution.

Easy to Use, Easy to Sell

ACH.COM provides a robust web-based interface with features that easily allow the origination and management of ACH items and returns.

ACH.COM:

Ask about our eCard Partnership
Priority has partnered with eCard Transactions, whose Intelligent Payment Gateway helps businesses eliminate the frustration of losing money because of failed recurring transactions. With eCard’s full suite of Recovery and Member engagement services, businesses are able to maximize their revenue by recouping more failed payments. Since 2014, eCard has helped thousands of businesses recoup over 90% of failed payments, resulting in over $102 million dollars in funds recovered and over 10,000 hours of staff time saved. Want to learn more? Click here for more information or contact Craig Millius, CEO 402-835-0734 craig@ecardtransactions.com.

Want to learn more about selling ACH.COM?

Our certified ACH Professionals are among the best in the business and are ready to assist you! Contact Jason Arp at 423-702-7073, or email jason.arp@ach.com to learn more about how ACH.COM can benefit you and your merchants.

Being a Sales Professional is Interesting, to Say the Least

Joseph Harrington

It’s a common misperception for salespeople to be seen as untrustworthy folks trying to cheat others out of their hard-earned money. That’s a reality salespeople face every day. Because of this, a salesperson needs to have a myriad of skills to be successful. First, salespeople need to be able to identify a problem or pain point, then find a solution. Thus, a salesperson first and foremost must be a clear communicator and an investigator. A salesperson needs a stranger to trust and know their time is valuable and time taken to explain issues is a feat within itself. Once the trust is given to have that conversation, it’s time to dig. Is it price? Is it service? Before we can ever solve those needs, as salespeople, we must first define and understand those needs.

Usually, when a customer tells us a problem, the customer typically believes they know the answer. This is where a good sales professional transitions from communicator/investigator to educator/negotiator. This requires a strong knowledge of every product and how those products work to determine whether or not it is a viable solution for the customer’s problem. Once we know how to solve the problem, we begin to position the solution to the customer the same way we see it. This becomes the value build stage. We don’t tell the merchant it will fix the problem; we state what the product/service can do and ask if they feel it would help solve their problem. Sales isn’t really about telling a customer what they need. It’s showing them you have a better solution to their problem and being open-minded to their reservations in order to make that change. It isn’t about price as much as it’s about value; value in the product or service you are offering and value in the relationship you can offer.

A salesperson spends a great deal of time building and earning the trust of the customer. As aforementioned, we are entering a situation where most customer’s have a jaded view of salespeople’s motivations, when in reality in most instances, we only benefit if the customer benefits. In sales, you must be able to shift lanes on the fly as you never know what the customer is going to throw your way and you must be able to identify the needs of the customer and then communicate your suggestions in a meaningful way.

Some of the most influential people in history were salespeople. Sales is just the ability to convince someone of an idea or thought. George Washington was a great salesman. He convinced farmers the value of freedom was so important, they took on the world’s strongest Army and Navy to achieve it. Sales is the profession of convincing people to exchange old ideas for new ideas, so that all involved may benefit. Sales is a profession of developing strategies to bring those new ideas to the surface so everyone who is in need of your service or product can benefit from it.

Most salespeople in our industry will speak to 40 potential customers and from those 40, only 10 are true opportunities to sit and have a meaningful conversation with a business owner. From those 10, you’re lucky if you sign 2 or 3 customers. In our profession, we hear ‘no’ far more than we hear ‘yes’, yet the products and services are the same. It’s all in the approach and allowing customers to realize the benefits on their own. In sales, we must leave our egos at the door. We don’t bring preconceived notions into a sales meeting. All we can bring is our listening ears, our knowledge of how to solve a wide variety of problems and our ability to build the value behind that solution. If we do our job well, the customer will be able to see a new way of doing business and we have earned their trust, their respect and their business. If not, it’s on to the next door.