Boca Raton, FL -- (ReleaseWire) -- 06/17/2014 -- The digital marketplace provides merchants with more opportunities than ever before. Of course, with all of this power and flexibility comes some degree of complexity. More opportunity means more options, both for merchants and their customers, and so it’s vital that any business who wishes to take and process credit card payments be able to do so as quickly and painlessly as possible.
One of the merchant services’ industry’s most innovative and renowned providers, MagicPay, is pleased to be able to announce a more streamlined credit card processing option for its current and future retailers. Now, MagicPay’s clients are able to treat American Express charges just as they do other credit cards such as Visa, MasterCard and Discover.
“AMEX has always been separate from other cards,” commented Rami Levi of MagicPay, “and this has historically created problems, both for merchants and their customers. Now, because of this new system, we can allow our clients to take these cards and process them along with others without any extra work, hassle or associated charges.”
Many retailers have refused to accept American Express (Stock Symbol: AXP) for the sole reason that a totally separate batch must be run. This means that merchants would have had to open a separate account with American Express directly, thereby creating more work and additional fees. With MagicPay’s new system, this requirement has been lifted and has opened up many options for retailers which include payment acceptance for internet, mobile and physical transactions.
There are a variety of benefits that retailers can derive from utilizing MagicPay’s new AMEX system. Not only does the new option eliminate the need for a separate account, it actually comes with lower transaction fees, faster funding times and the merchant can run a single batch for all of their cards. With MagicPay assuming the role of one single point of contact for all card types, merchants enjoy a much more efficient payment processing system and they can review and track records on one convenient statement.
“Perhaps the best benefit to our clients,” added Levi, “is the added benefit they can offer their customers. Making American Express payment processing easier opens up more options for consumers and makes everyone’s life easier. This is what we consider with every new option we provide.”
MagicPay has and continues to pride itself on delivering superior customer service. Each client that joins the MagicPay team is treated like they’re special. Not only this, but MagicPay is constantly searching for new ways to add value to their merchant services. The company takes a win win approach and has quickly grown a large and very loyal client base as a result. With this latest addition to the credit card and payment processing toolkit, MagicPay’s clients are sure to stay on the cutting edge of modern retail technology and profitability.