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"Cornucopia of Cash" How to Profit from the Billion Dollar Credit Card Processing Business

Author: James Darle Jones
Publisher:
ISBN: 9780615669939
Category :
Languages : en
Pages :

Book Description


"Cornucopia of Cash" How to Profit from the Billion Dollar Credit Card Processing Business

Author: James Darle Jones
Publisher:
ISBN: 9780615669939
Category :
Languages : en
Pages :

Book Description


Cornucopia of Cash

Cornucopia of Cash PDF Author: James Jones
Publisher: Createspace Independent Publishing Platform
ISBN: 9781475174540
Category :
Languages : en
Pages : 0

Book Description
This is the book that the banks don't want you to see. If there were a lucrative opportunity that allowed you to be your own boss, make income in the six-figure range, work flexible hours, and required little money up front, would you be interested? That is the question James Darle Jones asks in his groundbreaking how-to business guide for owning and operating a credit/debit card processing sales business. Detailing the perfect business for entrepreneurs looking for an opportunity to change their lives and earn a piece of the American Dream, Cornucopia of Cash: How to Profit from the Billion Dollar Credit Card Processing Business will start you on your way to a lucrative business whose only limit is that of your imagination. New for 2015 $Free Business Consulting! You're going to have questions and we will be there for you every step of the way and my phone# is in the book.When you go to your local auto mechanic and offer them a credit or debit card for payment what happens? Well they take your card, swipe it through the terminal, then they will turn it over to view the signature strip, ask you to sign a receipt, match the signatures and assuming they match you go on your way. If the signatures don't match, the merchant has the option to ask you for ID. When they swiped your card for payment, the information was sent at the speed of light though the card-issuing bank and the merchant-acquiring bank networks and then back to the merchant where the receipt prints for your signature. At the end of the day when the merchant batches out the money is finally on its way to the merchant's bank account. The fees for the transaction are either taken on the fly or deducted at the end of the month, which is the preferred method of most merchants. The money will then be directly deposited into the merchant's bank account in as little as one business day or as long as two or three.At the end of the month where does all the money go? The lion's share obviously goes to the merchant. The biggest portion of the merchant cost goes to "interchange" which is the main cost before the markup. Interchange goes to the card company of the card that was swiped. That's right, folks: Credit card companies get you coming and going. They're making money on the merchants who accept the card and they're making money on the cardholder. How about that for a business model! But wait, there's more. Most of the markup goes to the processor, the independent sales organization (ISO) or even the merchant level sales rep (MLS), and, believe it or not, for the most part, the card brands make the smallest portion of the pie although they take a bite of every piece!So, you ask yourself, how can I cut myself in on all of this coinage? Author James Darle Jones reveals the truth behind this lucrative business and shows you all you need to know to turn his knowledge into cash.Jones starts by teaching how the credit card and payment processing business works. From what happens when you present your card for payment to the types of equipment used, you will understand the process from A to Z. He then gives you the knowledge you need to go out and sell payment processing and start making money fast-even going so far as to include a business plan to get you started. You supply the hard work and dedication, and he will do the rest! Using the same method Jones used to create his own successful business, you will learn such essential secrets and tools as: How to find new businesses before the other guy, How to approach banks for partnerships, The most important part of a bancard contract, Why leasing is still an important part of your revenue equation, The incredible income opportunity presented by cash advance, Why the natural conclusion to your sales presentation is buying from you, How B2B companies can offer credit card acceptance and add hundreds of thousands to their bottom line*OUR NEW TRAINING PROGRAM AND SALES SUPPORT MAKES IT EASY TO GET STARTED*

How You Can Profit from Credit Cards

How You Can Profit from Credit Cards PDF Author: Curtis E. Arnold
Publisher: FT Press
ISBN: 0132703459
Category : Business & Economics
Languages : en
Pages : 353

Book Description
Who would not be interested in getting an interest-free loan for 12 months for any type of purchase just for taking a few minutes to complete a credit card balance transfer offer? Or a free round-trip airline ticket twice a year just for making purchases on a rebate card? Or lowering their insurance premiums by hundreds of dollars a year just by raising their credit score? Obviously, just about every consumer is interested in saving money and getting freebies! Hence, the universal appeal of this book cannot be overstated. Today, the average American household has 12.7 credit cards. Banks maximize their profits by "nickel and dimeing" and outsmarting their cardholders: that's why credit cards are their most profitable product. Banks spend billions enticing consumers with rebates, freebies, low-introductory rate offers, and airline miles. Learn how to take full advantage of these offers, without paying for them through brutally high interest rates, fees, and penalties! Arnold offers specific advice targeted to young consumers who are being aggressively targeted by credit card marketers; retirees facing credit discrimination; Americans recovering from bankruptcy or other debt problems; and even consumers with great credit. You'll learn the techniques he has personally used to escape credit card debt, "creatively finance" his wedding, car, and home purchases, and earn thousands in credit card "perks" every year.

Expressing America

Expressing America PDF Author: George Ritzer
Publisher: SAGE Publications
ISBN: 1452246661
Category : Social Science
Languages : en
Pages : 259

Book Description
The explosive growth of consumer credit, as well as the shift from cash to "plastic" in societies throughout the world signals a transformation in social relations, which is the focus of this book. For student readers who know the world of credit cards all too well, this is a great way to interest and educate them on the power of thinking sociologically.

Mystery of Banking, The

Mystery of Banking, The PDF Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610163842
Category : Banks and banking
Languages : en
Pages : 322

Book Description


Starting Small and Making It Big

Starting Small and Making It Big PDF Author: Bill Cummings
Publisher: Bill Cummings
ISBN: 0999895117
Category : Biography & Autobiography
Languages : en
Pages : 417

Book Description


The Anatomy of the Swipe

The Anatomy of the Swipe PDF Author: Ahmed Siddiqui
Publisher:
ISBN: 9781641374477
Category :
Languages : en
Pages : 240

Book Description
Have you ever wondered what happens during a swipe of a credit card? Every major tech company will become a payments company. Yet, not many people understand how payment systems in the US work. Those that do "get it" are unlocking multi-billion dollar opportunities. If you've ever wondered what happens when you actually swipe/dip/tap your credit card or debit card then The Anatomy of the Swipe breaks down the details in the simplest manner possible. Here are some questions answered within these pages: How does money move from my credit card to my favorite coffee shop? How can I build a neo-bank? How can I build my own debit or credit card? How can I accept card based payments? The Anatomy of the Swipe speaks to software developers and entrepreneurs who are looking at implementing card-based payments for the first time, merchants who want to be able to accept payments for a website or store, or those who want to issue their own debit/credit card. This book walks beginners through modern innovations created because of card-based payments, as well as the motivations and revenue models of each party in the payments ecosystem.

The Merchant's Guide: Fee-Free Credit Card Processing

The Merchant's Guide: Fee-Free Credit Card Processing PDF Author: Elijah Hawkins
Publisher:
ISBN: 9781521806982
Category :
Languages : en
Pages : 50

Book Description
Even if you have the greatest ISO, one who works in favor of your business, processing fees may still place a hurdle in your financial path to success. The good news is that there is a way you can avoid paying credit processing fees altogether. By reading this e-book, you can learn how to eradicate the costly expense of credit card processing, getting your bill to near zero. Countless merchants are already using this information to save hundreds, even thousands, every month. The savings can add up fast. Learn how the credit card processing industry works and why tiered pricing is never in your favor. Discover how the money actually flows through the processing industry and why and how merchants are unknowingly getting hit in their pockets from both sides. This guide is geared towards those merchants who want to stop paying high fees for credit card transactions but still allow customers to pay with their favorite method of payment.

Crossing the Chasm

Crossing the Chasm PDF Author: Geoffrey A. Moore
Publisher: Harper Collins
ISBN: 0061795860
Category : Business & Economics
Languages : en
Pages : 254

Book Description
Here is the bestselling guide that created a new game plan for marketing in high-tech industries. Crossing the Chasm has become the bible for bringing cutting-edge products to progressively larger markets. This edition provides new insights into the realities of high-tech marketing, with special emphasis on the Internet. It's essential reading for anyone with a stake in the world's most exciting marketplace.

The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies

The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies PDF Author: Erik Brynjolfsson
Publisher: W. W. Norton & Company
ISBN: 0393239357
Category : Business & Economics
Languages : en
Pages : 320

Book Description
The big stories -- The skills of the new machines : technology races ahead -- Moore's law and the second half of the chessboard -- The digitization of just about everything -- Innovation : declining or recombining? -- Artificial and human intelligence in the second machine age -- Computing bounty -- Beyond GDP -- The spread -- The biggest winners : stars and superstars -- Implications of the bounty and the spread -- Learning to race with machines : recommendations for individuals -- Policy recommendations -- Long-term recommendations -- Technology and the future (which is very different from "technology is the future").