Idaho Central Credit Union is excited to announce our recent partnership with First Data® to provide business merchant services to businesses. As a merchant service provider, we provide businesses with the necessary requirements to accept credit cards, debit cards, and other forms of electronic payment, including Apple Pay®, Samsung Pay®, tap-and-go cards, and more.
What are the benefits of business merchant services?
Business merchant services offer low credit card processing rates that allow you to provide the convenience of accepting all major payment types. Whether you own a local bake shop or a chain of restaurants throughout the nation, credit cards are a major way of making transactions across the globe, and business merchant services can help you earn more by offering the best solution for customer to make payments, making processing more efficient and profitable.
Being able to take major credit cards is not the only benefit of business merchant services, however. Part of our partnership with First Data includes analytic systems where you are able to see your customers’ spending patterns and geographic range, and even analyze what products or promotions you can run to increase your sales and satisfy your customers. It can also show data on how you are performing compared to your competitors. That way, you can do some market research on how to be more competitive.
With such great data, another way our business merchant services can help you is to see what kind of marketing effort would give you the best results. It’s a full-cycle service that creates multiple wins at once. Analytics that shows customers’ preferences and their buying behaviors can help you create marketing campaigns that speak directly to them.
What are the different Point of Sales (POS) Systems?
Idaho Central partners with First Data, who uses Clover POS systems. Clover has 4 major POS systems: Clover Station, Clover Mini, Clover Flex, and Clover Go. Clover Station is an all-in-one POS and payment system, where you are able to accept all major payments, including chip cards. It also makes it easy for customers to sign on a 14-inch HD screen, and more. On the other hand, Clover Mini has the convenience of being small, which takes up less space on your reception desk, and still accepts all payment types. It’s perfect for smaller businesses and those that have limited space. Clover Flex is even more compact than Clover Mini, and it’s a perfect fit for sole proprietorship businesses and entrepreneurs that are always on the go. Clover Flex lets you take major payments by connecting a small device via cellular and WiFi. This small device even offers tap-and-go payments, and has a 5-inch HD screen that shows just enough information for your customer’s order. This small device even includes an embedded printer, barcode scanner, and camera that fits all your needs. Last, but not least, Clover Go is an all-in-one handheld POS and payment system that accepts not only chip and swipe card payments, but contactless payment as well. If you want to use your phone instead of the screen on the POS system device, this is the most compact device that can take your business transactions to the next level.
We are so excited to continue to provide excellent customer service to our business members, and very excited to introduce our new partnership with First Data. If you are interested in learning more about the merchant services that we offer, please contact our Merchant Service Manager and Business team.