ATM's, Cash Machines - add a profit center for your business

ATM’s and Cash Machines - add a profit center for your business

 Quantum Merchant Services offers a full service, turnkey ATM Program. We offer a variety of standard programs to meet the most demanding requirements of our ISOs and partner, and if necessary our programs may be customized to meet your specific needs. At Quantum Merchant Services we deliver the very best in pricing, service and support.

 Quantum Merchant Services is sponsored into all National and Regional ATM and POS Debit Networks which will ensure the highest possible acceptance rate at all of our ATM locations.

 CONVERT your current ATM to a Quantum Merchant Services system and you will start making more profits immediately.

 CASH REPLENISHMENT

The ideal business case for any “off-premise” ATM machine is if the merchant supplies the cash inventory. Quantum Merchant Services is committed to reimbursing all cash withdrawals within 24 to 48 hours. In some circumstances where the merchant elects not to fill their own cash or in high volume circumstances, Quantum Merchant Services offers a full service vault cash and armored car service.

 SUPPLIES AND ACCESSORIES

Quantum Merchant Services carries a variety of supplies and accessories to support the ATM program. We have a full line of thermal paper, advertising displays, ATM toppers, banners, neon signs, cash acceptors, ATM and debit logo decals, etc.

Rob Olson Owner

Quantum Merchant Services

Whether you already have a merchant account to process credit card transactions, are looking to switch or compare merchant account providers, or need a merchant account for the first time, there are many pitfalls to avoid.  These include processing delays, changing fees and rates, rules on chargebacks — and the latest hot button on “holdbacks.”

Tight credit, rising business bankruptcies and changes in how consumers use their credit cards are contributing to an unusual amount of financial ferment involving credit cards.

For small business owners, the top credit card hot button right now is holdbacks.  This is a percentage of your overall credit card receipts that the card processor or merchant bank keeps to cover possible chargebacks if a customer returns something or demands a refund for other reasons. Lately, merchant banks and card processors have started requiring new or bigger holdbacks to cushion their own bottom lines should customers seek refunds after a business goes bust.

Ask about your card processor’s holdback or “rolling reserve” policies.  If your business is considered high risk (those that sell exclusively online often are), or has a less-than-stellar credit rating, you may be facing higher holdback or reserve requirements.  Other high risk categories include merchants selling only a few high-ticket items; those with high processing volume, and business owners with a low personal credit score.

Check your statements! Some merchants are missing money they didn’t even know was gone.  Find out if any cash is being held back, and if so, at what rate, and under what conditions will you get it back.  Some small businesses have successfully appealed a holdback and retrieved their funds. Others find themselves shopping for a different merchant account provider. Before you decide to switch, however, ask if you are on the hook for an early termination fee.

Take steps to reassure your account provider about your business prospects. Consider upgrading your point-of-sale (POS) systems, software and ecommerce website to a higher security level. This can decrease your exposure to credit card fraud, and offer more comfort to the merchant bank.

An excellent resource I recently discovered in this area is MerchantCouncil.org, a web site that offers a wealth of facts, helpful tips and information about merchant accounts, geared to small business. It’s written and organized primarily by Ben Dwyer, a small business owner himself.

 Rob Olson

Quantum Merchant Services

Have you heard about the Durbin Amendment, which went into effect on October 1, 2011? If you have a merchant account, or you process payments in any way, then you need to know how this landmark law can affect your business.

Facts about the Durbin Amendment

The Durbin Amendment is a landmark decision. This is the first time we have ever seen this large of a reduction in payment processing costs. This cuts the costs for Debit transactions almost in half. Combined, debit transactions make up 50-70% of the processing done by merchants. Imagine paying up to half of what you currently pay on 50-70% of the cards you are currently processing?

How You Can Save Money with the Durbin Amendment

At Quantum Merchant Services, we are telling all of our customers about the Durbin Amendment and the impact that it is going to have on their bottom line. Upfront honesty, it’s all part of the QMS Difference. If your merchant services company hasn’t told you about the savings in the Durbin Amendment, then give us a call today to find out how you can take advantage of this new law. 1-888-881-0657.

Free Account Review

Fax us your current statements. We’ll look over them. If we can save you money, we’ll let you know. If we can’t, we’ll tell you, no gimmicks or fast talk.

Rob Olson President

Quantum Merchant Services

1-888-881-0657

Whether you’re looking to make a switch or picking one for the first time, choosing a merchant processor is a very important decision and can be vital to the overall success of your business.

One of the most important ways to make your business thrive is to please your customers and, many times, that means offering a variety of payment methods. According to one estimate, businesses forfeit up to 80 percent of consumer impulse buys if they don't accept credit cards. But, before making the switch, or picking one for the first time, business owners need to select their merchant processing service with care. To date, in 2011, the BBB has received more than 1,700 complaints against credit card merchant and processing services.

“Accepting credit cards gives customers options, whether it’s to charge a purchase and pay it off over time, or to use a debit card rather than write a check. By offering your customer options, you are opening the doors for increased revenue,” However, before selecting your merchant processing service, it’s imperative that you do your research to avoid putting your business and its success at risk.”

Quantum Merchant Services recommends the following tips to consider when selecting a merchant processing service:

Ask around. Like with any important business decision, always make sure to get at least three estimates and check the BBB Review® of the merchant processing service. It may also be worth asking other fellow business leaders what service they use to get a feel for its track record.

Know where to turn. Make sure the merchant processing service has a solid support team. Can you contact them 24 hours a day? This is very important to business owners who are trying to process a card outside of the typical business hours. In any case, technical support is a must and it’s vital to your business’ success to make sure that the merchant processing service you choose has it.

Try them out. Don’t settle without a trial period. By making sure that the merchant processing service you choose has a 100 percent money-back guarantee before selecting them, you can save yourself a lifetime of hassle. See how the service tries out. Do they keep every promise that they made to you?

Make sure every penny you spend is necessary. If you have a question regarding a fee that you were charged, ask! Staying competitive with other merchant services is the name of the game for theses processors so they will want to keep you happy. 

Rob Olson

Quantum Merchant Services

1-888-881-0657

The Verifone Vx510 Credit Card Machine

VERIFONE VX510 CREDIT CARD MACHINE
The Verifone Vx510 brings about a revolutionary change in the credit card machines of today and are known for being “Big Things in a Small Package”. With its unique features, this Verifone terminal has been rated as the most ideal credit card terminal for the needs of a merchant today. Aside from the basic features of being able to process credit and debit cards, and checks, the Vx510 has a number of new value-added features that make it stand out among other credit card equipment. These terminals have long served to be efficient, reliable credit card machines and it has grown in popularity among merchants because they are always designed keeping the needs of the client in mind.

Basic features of the Verifone Vx 510

The Verifone Vx510 has a number of features which make it an extremely useful and appropriate credit card machine. Its most important features are:-

• Accepts all magnetic-striped cards, including mini cards, and also processes checks
• In-built Pin pad for debit card transactions
• Multiple payment facility, such as loyalty, gift cards and more
• Convenient, high speed, in-built printer
• Latest security shields are approved by credit card providers Visa and MasterCard for all types of PIN entries.
• High speed dial-up connectivity
• Superior graphics capability
• Has a plug-and-play verifone terminal which is easy to install and use

Rob Olson
Quantum Merchant Services
1-888-881-0657

The Benefits of Accepting Credit Cards

Payroll Services

24/7 Online Payroll Services

Great Value
Our unique web-based service cuts the cost out of delivering payroll, and we pass that savings on to you. Our 24/7 Online Payroll service is less than half the cost of traditional payroll services.  Our 24/7 Online Payroll Services include the following:

Weekly Service Review With A Dedicated Payroll Professional

Automatic Payroll Calculations

Unlimited Number Of Payrolls Each Month

Timely Email Reminders

FREE Direct Deposit For Your Employees And 1099 Workers

Aflac Employee Benefits As Payroll Deductions At No Cost To The Employer

Integration With QuickBooks®, Quicken, Peachtree, & MS Money

Automatic Federal & State Tax Calculations & Electronic Filing

Automatic W2 Preparation & Electronic Filing

Reports On Tax Liability, Wages, Pay And More

iPhone Application For Mobile Payroll

See How Our Payroll Service Works

Guaranteed Accurate

Our specialists work diligently to ensure that all federal, and state taxes are calculated using the latest tax rates. In the unlikely event our calculations are incorrect; we will pay any resulting penalties incurred.  Specialists work diligently to ensure that all federal and state taxes are calculated using the latest tax rates. In the unlikely event our calculations are incorrect; Intuit will pay any resulting penalties incurred. Customer must provide MN ProAdvisors with a tax statement from the IRS, state or local agency showing a tax penalty incurred as a result of a calculation error during the time that you were an active 24/7 Online Payroll subscriber.  Client must present a copy of this letter to MN ProAdvisors within 3 months of receiving the letter from the IRS.  You are responsible for paying any additional tax liability you may owe and providing any other information Intuit reasonably requests.

Safe and secure

We take great care to design and maintain procedures to protect your information. The first time you use the service, you create your own unique password to access your account. In addition, we encrypt all transmissions and protect them with 128-bit Secure Socket Layer (SSL) technology. We use firewalls and intrusion-detection devices to prevent unauthorized electronic access to the servers where your information is stored, and we isolate all servers in guarded, high-security areas to prevent unauthorized access.

Professional Client Support—No Additional Charge

We’re here to help. For additional questions about our service, please call Client Support at (800) 608-0966, weekdays, from 9:00 am to 5:30 pm Central Time.

Time Tracking - $2.50/employee/month
Save time and reduce costly errors by allowing your employees to track their own hours online and eliminate double data entry.  Automatic email reminders go out to your employees when timesheets are due.  This system automatically applies state and federal overtime and double time rules and fully integrates with our 24/7 Online Payroll so that you’ll never have to calculate or re-enter hours again.

Annual Compliance – $79.00/year
MN ProAdvisors requires annual compliance with State and Federal Employment Law.  Our annual compliance program includes state & federal forms and laminated posters as updated and required by law.  Administration of EEO surveys and Worker’s Compensation Audits are also included with this annual fee.

No Cost Benefits Program
Aflac policies are 100% employee-paid and are available on a voluntary basis.  Many companies choose to make Aflac policies available as a cost-effective solution to help employees with the rising cost of out-of-pocket health care expenses.  Policies include some/all of the following: Accident, Cancer/Specified Disease, Dental, Hospital Confinement Indemnity, Hospital Confinement Sickness Indemnity, Hospital Intensive Care, Juvenile Life, Life, Lump Sum Cancer, Lump Sum Critical Illness, Specified Health Event, Short Term Disability, and Vision.

Low Cost Insurance and Investments Products Provider
We have also partnered with a State Farm Insurance Agency in an effort to provide low cost business insurance to employers as well as Long Term Disability, Short Term Disability, Group Medical, Group Life, Health Savings Accounts (HSAs), Medical Savings Account (MSAs), Simplified Employer Pension (SEP) IRA plans, Simple IRA plans, 401K plans, Defined Benefit plans, and Pension plans.

Low Cost Worker’s Compensation Insurance Provider
Stop overpaying!  MN ProAdvisors performs quarterly internal audits to ensure that your rates and insurance payments match your actual payroll figures so that you can avoid writing a check or receiving a refund at the end of the year.  We work with State Farm Insurance among others so that you get the best possible rates.

Household Employers (In-Home Care or Services)

The IRS publication for household employers, nanny services, and sites offering advice for parents is available to you.  24/7 Online Payroll-Household is available in 35 states and the District of Columbia.

1099 E-File Stand-Alone Service

The 1099-MISC E-File stand-alone service is the easiest, lowest cost and fastest way for small business owners to create, print and electronically file 1099-MISC forms.  Small business owners who pay independent contractors may need to file 1099-MISC forms.  1099-MISC E-File Service supports federal filing in all 50 states and the District of Columbia. Intuit Online Payroll also supports combined federal and state filing programs in the thirty two states that participate.

No Contract Price Lock
MN ProAdvisors does not require a contract or minimum term for 24/7 Online Payroll Services.  MN ProAdvisors guarantees the fees documented in initial client paperwork for a period of 12 months.  If MN ProAdvisors fees increase or decrease after 12 months of service, clients are notified in writing at least 30 days in advance of the effective date of the change.

Cancellation Policy
MN ProAdvisors offers 24/7 Online Payroll Services on a monthly basis.  If a client wishes to cancel this service at any time, they must notify MN ProAdvisors in writing at least 30 days in advance of the effective cancellation date.  Payroll and payroll tax filing services – such as W2 and 1099 filing – will be canceled as of the effective date as well.  There are no fees for canceling 24/7 Online Payroll Service with MN ProAdvisors.

ATM’s and Quantum Merchant Services

Depending on the program you choose your business can make up to $2.00 per transaction with our ATM program!!

Leasing and/or Purchasing ATMs
Quantum Merchant Services offers an affordable leasing program through a third-party company. This program allows an ATM to be purchased without paying for the full value of the terminal upfront. You can begin earning revenue from the terminal and have it pay for itself each month!

Free Placement Program
Quantum Merchant Services offers a unique program to place ATMs at certain business locations with no expense to the merchant. QMS is always looking for high volume locations to place ATMs, free of charge. This allows you to earn revenue and increase foot traffic without having to incur the capital expense of purchasing an ATM machine.

Connectivity Options

Dial
A dedicated phone line is the traditional connectivity option for ATMs and offers a cost effective, reliable connection.

IP
An Internet Protocol connection offers a high speed option to ensure quick ATM transactions. This option eliminates the need to maintain a dedicated line for the terminal. QMS’ ATM Router supports all locations that are IP Enabled or utilize T1, DSL or Cable. ATM IP Connect employs “plug and play” usability for an effortless installation without the need for additional software or programming. ATM Connect boasts a variety of security standards such as Secure Sockets Layer (SSL) Protocols and Triple DES Data Encryption to minimize risk.

Wireless
or locations that do not have a dedicated phone line available and are not IP Enabled, QMS’ wireless solution is the ideal option. Quantum Merchant Services can help you reduce the cost of operating your ATM and improve your transaction speed with a Hercules wireless router. Like an IP connection, the wireless option eliminates the need for a dedicated phone line as well as any associated phone bills. A wireless connection also provides the flexibility to place an ATM anywhere in the store!

Cash Management

Cash Management Options
QMS offers two different cash options to maximize convenience and to ensure that your ATM is always stocked.

Merchant Cash
In our most popular option, business owners stock their own machine and are then reimbursed by Quantum merchant Serviecs. QMS’ rapid replenishment initiative ensures that your funds are reimbursed within 48 hours. This option allows you to stock as often as necessary so that there are no breaks in your revenue stream. With this option, you don’t necessarily have to stock the terminal with thousands of dollars – many merchants simply recycle their $20 bills into the terminal at the end of each day to keep the ATM operational.

QMS Vault Cash
Another option is our in-house vault cash solution which allows business owners to completely avoid getting involved with the handling of cash. With this program, Quantum Merchant Services handles all aspects of your cash management and ATM replenishment. Our reporting and forecasting system will ensure that your ATM is replenished regularly by our armored carrier service. This option is ideal for locations with multiple machines such as arenas, airports and hospitals.

Rob Olson, Owner

Quantum Merchant Services

1-888-881-0657 ext.707

Prepaid Cash Card Vendors Are Prospering

The cards, which have the Visa, MasterCard and Discover logos, act like portable checking accounts, though they are replenished with deposits made at retail outlets rather than banks.

The business serves a market that has existed for decades among the 44 million adult Americans who do not have bank accounts. And some experts put the size of the market even higher, at 73 million, to include potential cash card customers who have little access to bank services because they have low incomes and are unable to maintain minimum account balances.

Yet the number of “unbanked” and “underbanked” people is growing rapidly in the current economic crisis. The Mercator Advisory Group, a research service focused on the credit and payments industry, estimated in November that the volume of transactions on general-purpose prepaid cards totaled more than $4 billion in 2008. It forecasts an increase to $7.2 billion in 2009 and $10.8 billion in 2010.

The resemblance to bank services is unmistakable and Quantum Merchant Serviecs was enthusiastic in describing what it sees as a new era for pre paid business. “In the next few months, we are going to be rolling out new financial services for cash card customers. The general-purpose cash card business is at an inflection point.”

“A retailer sees people coming in to load cash onto their cards and says, ‘These people are using me as a bank — and that’s good. I should sell them something while they’re here.’ ”

Either way, traditionally or with new financial services, a cash business is growing while credit services retreat.

You can find more information on pre paid card services by contacting

Rob Olson, Owner

Quantum Merchant Services

1-888-881-0657 ext 707

New research finds growth in credit card processing

The report found some key tendencies. One of them is a well-developed market of card usage, with 3.7 cards per person. Furthermore, most card-issuing activity can be attributed to the five largest banks in the nation, which account for 61 percent of its credit industry.. Finally, gas stations, coffee shops and restaurants, remain the most popular businesses where credit cards are used.

Besides explaining these findings, the document details future opportunities for payment processing. Analysis on regulations and future legislation is also incorporated.

The demand for credit card processing systems continues to grow globally. In the U.S. alone, the credit industry produces more than $40 billion in revenues, and approximately 2,000 companies offer payment services

Rob Olson, President
Quantum Merchant Services
1-888-881-0657 ext 707