Andy Frankel, Carrollton, TX

Andy Frankel, Carrollton, TX

Carrollton, TX – Express Processing announced today the launch of 2 new brands; Axis Payments and Intrepid Payment Processing. Company officials are extremely excited about the changes that will take place within the 2 new DBAs.

Major announcements include;

  1. Launch of the President’s Club

With these new and exciting changes, your role as a sales rep will continue to be the marketing of the Company’s services (electronic payments processing) and providing the same great support to ourmerchants.  You will continue to have the flexibility needed to perform your daily tasks (if needed), lucrative sales bonuses/commissions and residual income potential while still experiencing the great partnership that we have today.

The President’s Club is an exclusive club for our elite sales reps which has many privileges including but not limited to a club medallion, company Polo shirts, access to the President Club support staff and entry into the annual raffle where one winner will receive an all-expenses paid trip for 2 to NYC. More information to come

We will continue to assist you in selling this product and service in transparent and ethical way to ensure that you and the merchant end up with the best possible experience. We look forward to a great partnership for many years to come.

Thank you,

Andy Frankel


The Life-Cycle Of An Electronic Payment

by Axis Payments

What happens after you “swipe,” “tap” or “provide” your credit card for the purchase of products or services? Who actually sees your financial information? What can you do if your credit card is declined?

Credit Card Payment Characteristics

The credit card industry divides payments into whether the physical card is “present” or “absent.” Sliding and tapping are card “present” transactions and online purchases are card “absent” transactions. When you provide your credit card information, the vendor sends the data to a credit card processing company.

What Do Credit Card Issuing Banks Check?

Your data is sent via these networks to the credit card issuing bank to verify that the account number and PIN are correct. Also, the bank will check to see if the owner had reported the card stolen. This is the “authentication” step to check if your credit card is real.

When this is verified, then the credit card issuing bank will “authorize” the transaction. If there are any problems, then the bank will reject the card. Your merchant is initially only told that the credit card was rejected.

What Do Merchants See?

Usually, the merchant does not see a whole lot if you swipe your credit card. For an online transaction, his website will record your account number and PIN. For the online payment process, when the card is “absent,” the customer has no other recourse after rejection.

If you have your credit card with you during the “face-to-face” transaction, then the vendor can look at the actual card or request you to provide extra verification. This is when you might be asked for the numbers on the back of your card. This is a “fail-safe” security check when the card is “present.” Vendors also might ask for your address.

Each month, the merchant will receive a summary of all credit card transactions, including those which failed. The credit card processing firm is more likely to discuss why the transaction was rejected in greater detail on this monthly statement.

“To Err is Human”

While we are all doing our best to make sure that the life-cycle of an electronic payment flows smoothly and accurately, all humans are prone to make mistakes. If your credit card has been turned down, then contact your credit card issuing bank. Perhaps, you just moved or your account information was confused with someone else.

Most electronic payments only take seconds to complete. We want the entire process to be fast, efficient and accurate, so you can enjoy your life.

 Copyright 2016  Axis Payments

What To Look For In A New Payment Processor

looking forby Axis Payments

Whether you have been in business for some time now and are already accepting electronic payments or you’re just about to begin, the question always comes up; what should you look for in a payment processor?

In no particular order, the list below might come in handy.

24/7/365 Live Customer Support
Depending on your business, you actually might need assistance in the middle of the night sometime, or, perhaps you’re open on Christmas Day. What happens if you run into a problem? It’s always great to find a processor that supports your business hours so you know you can count on them when you need to.

Competitive Rates
Money matters, right? Your rates and fees will largely depend on the type of business you run and the processing volume you do each month. That said, it’s important to read all of the fine print and make sure you’re getting a good deal.

Choose An Established Provider
This might sound like common sense, but it’s always prudent to go with a processor that has been in business for awhile and has a good reputation. Every industry has the shady “fly-by-night” shops that appear then suddenly disappear. You don’t want to entrust building your business to companies like these.

EMV Compliance Across The Board
The EMV liability shift has come and gone and while no reputable processor should offer you equipment that lacks this capability, be warned…some still will!

NFC Capable
Services like Apple Pay, Samsung Pay and Android Pay that use near-field communication are becoming increasingly popular. As you weigh your point-of-sale equipment options, make sure to consider this growing segment.

Mobile & Online Processing Capability
Do you ever need to process away from your brick and mortar location? Do you have a storefront online? These are things to consider as you’re evaluating processors. Ask about the solutions they provide and make sure they can accommodate your needs without breaking the budget.

Next Day Funding
Many merchants depend on getting their deposits quickly for a multitude of reasons. Processors tend to have different requirements and capabilities in this regard. If you do heavy weekend processing, for example, it’ll be worth discussing with you new potential processor.

Equipment Warranty
Today’s point-of-sale terminals are high-tech and can get quite pricey. Explore your options about equipment warranties just in case your customer decides to spill that cup of coffee right on your shiny new keypad.

So, take these points into consideration as you navigate your way through the competitive landscape that is the electronic payments industry. There are a lot of providers out there. Some do certain things very well, but might not offer the complete solution you need. The main thing is that you know what you need and what you’re getting yourself into when you choose a provider.

Copyright 2016  Axis Payments


Protecting Your Business – The Real Risks of Fake Money

Counterfeit moneyby Axis Payments


We talk a lot about electronic payments here because, obviously, it’s the service our business provides. However, because we are constantly consulting small businesses on how to maximize their profits through accepting these types of payments, we should probably spend a little time talking about the most familiar form of payment: cash.

Cash payments still extremely prevalent especially for smaller transactions and high-volume businesses like retail, bars & restaurants. And unfortunately, “fake money” is a huge problem. How big? Well, the US Government seized about $261 million in fake currency in 2011 alone. And it’s getting worse every year!

So, retailers must be vigilant and continually try to mitigate their losses because nothing is worse for a small business than selling their products for worthless currency. But how do you do this?

You can try to do simple things such as not accepting bills larger than $20, for example. The problem with that is, it doesn’t take very many $20’s to add up to a whole lot of money. No, the best way to avoid this is to train your employees to identify counterfeit bills and not accept them at all to begin with.

The recent advancements in digital printing has created a boon for many counterfeit “wannabees” but you don’t have to fall victim to their shady attempts. It starts with the careful visual inspection of bank notes. Consider the following 8 identifiers of genuine bills and make it become a habit for you and your employees when accepting cash.

  1. Watermark – It’s the shadow of the portrait you see when you hold a bill up to the light. It’s common for counterfeiters to leave it off.
  2. Texture – If a bill is smooth to the touch, probably fake.
  3. Portrait – It should stand out from the rest of the bill. It’s difficult to achieve and many counterfeiters create bills where the portrait blends in with the background, making it easy to identify as a fake.
  4. Seals – If they are blurred, it’s fake. The Federal Reserve and the Treasury should both be clear and sharp.
  5. Serial Numbers – it’s common for fake bills to have identical numbers. Also, it can be difficult to replicate the size and spacing. The color should be the same green as the Treasury seal, too.
  6. Borders – If the borders are blurry, it’s fake. Low quality printing often causing the ink to bleed.
  7. Paper – Real currency has very small red and blue fibers embedded in the paper, which you can see upon close inspection. This is very difficult to replicate.
  8. Color – Genuine bills turn yellow when tested with an iodine detector pen. Counterfeits will generally turn black or blue.

You can also rely on technological solutions to assist you in combating fake bills. If it becomes a problem, considering deploying watermark lamps, UV lights, magnetic ink scanners or even a multi-test scanner at the point-of-sale to mitigate your risks.


Copyright 2015 Axis Payments

2015 Holiday Sales and Payment Processing Review

The 2015 holiday season is in the books. Retail revenue numbers are in, and it looks like this was one of the most profitable holiday spending seasons in recent memory. If you’re like many Americans, you probably did at least some of your holiday shopping online between Black Friday and Christmas Eve. Find out more about how the season shaped up for retailers below.

2015 Holiday Sales Statistics

According to the National Retail Federation, average winter holidays spending in the U.S. in 2015 totaled around $630.5 billion. That is a significant increase over the prior year, when sales reached a total of around $608.2 billion. Average holiday spending per person remained somewhat steady, with each person spending an average of $806 total and around $594 for gifts. The previous year, the average U.S. consumer spent a total of $804 total and around $595 for gifts.

Most interesting of all, however, is the data concerning online holiday spending. On Cyber Monday 2014, online sales totaled around $2.7 billion. The previous year, they totaled around $2.3 billion. Information regarding online sales for 2015 is not yet available, but it appears that online holiday spending is on an upward trajectory.

Finally, MasterCard SpendingPulse recently published some interesting information regarding 2015 holiday spending. Retail sales were up by 7.9 percent, and online sales shot up by an incredible 20 percent. This robust holiday spending season is largely being attributed to the improving economy as well as low gas prices.

Holiday Sales and the Electronic Payments Industry

Based on the information above, it’s easy to surmise that electronic payments were being processed at extremely high volumes between Black Friday and Christmas Eve. Fortunately, Axis Payments has the technology and bandwidth that are needed to handle this type of volume without incident. 2015 also saw a significant increase in the popularity of mobile payments, with options like Apply Pay, Android Pay, Google Wallet and Samsung Pay all becoming more widely accessible. Mobile payments haven’t quite caught on yet, but 2016 is poised to be the year in which they become a lot more mainstream. Without question, mobile payments will have a profound impact on the 2016 holiday spending season, and we will be here to report on everything when the time comes.

HOT DOG! November 16 is National Fast Food Day!

by Axis Payments

If you’re a fast-food junkie like me, November 16 is going to be a whopper of a day. Why? Because it’s National Fast Food Day, that’s why, and I can hardly wait to eat fresh, think outside the bun, and go on a hunt for some finger-lickin’ good fast food.

All puns aside, there really is a National Fast Food Day. It’s observed annually on November 16. Who created it or when is not clear, but we do know the term ‘fast food’ was first recognized in the Merriam-Webster dictionary 1951.

After World War II ended, the U.S. shifted into high gear. Quick and fast became the drumbeat of society. Everyone wanted housing, new cars, and jobs right now! America, after years of an economic depression and warfare, was on the move. By the 1950s, drive-thru and fast-order restaurants had begun to spring up all around the country.

Today, fast food restaurants, many of which are U.S. branded operations, can be found in over 100 countries worldwide. With over 300,000 fast food establishments in the U.S. generating close to $192 billion in sales in 2014, the United States is the undisputed king of the fast food industry. There’s hardly a town, village, or stretch of a major highway that doesn’t have a familiar fast-food logo atop a sign for all to see.

Although the term ‘fast food’ may be relatively new, the concept dates back to the Roman times when street stands called “thermopoliums” served up steaming hot sausages, bread and wine to hungry, toga-clad customers on the go. Fast forward a thousand years to 1867 and the first American fast food restaurant, a hot dog stand, opened on Coney Island.

Then in 1955, a mixer salesman named Ray Kroc wondered why two brothers named McDonald had purchased 5 of his milk-shake mixers for their small hamburger joint. He visited their site in San Bernardino, California, liked what he saw, and decided then and there to go into the fast food business. The rest, as they say, is history.

Besides getting your food quickly, the biggest draw in fast food dining has been the relatively low cost. I can remember 15-cent hamburgers, 10-cent fries and 5-cent cokes from my high school days. Inflation has upped those prices since then of course, but budget-menus at most fast food restaurants still offer 99-cent items like hamburgers and fries.

National Fast Food Day is really a celebration of foods like hamburgers, fries, tacos, pizza, hot dog, onion rings and chicken served as nuggets or deep fried or between two buns. Are these tasty, gourmet delights good for us? Maybe not, if eaten in excess, but boy…they sure taste good!

Copyright 2015 Axis Payments

Black Friday Leaves Retailers In The Black

photo credit

photo credit

by Axis Payments

Believe it or not, the holiday season is upon us once again, which means that the biggest sales season of the year is also close at hand. Of all the occasions for increased economic activity on the retail level, the holiday season is by far the biggest stimulus of sales. This year should be no exception, with yet another record breaking year predicted.

A Fifth of All Sales

Not everyone appreciates just how big, and how vital, the holiday shopping season is to our economy. The truth is that nearly 20%, or a fifth of all retail sales for the year, occur during the holiday season. For many businesses, that amount falls well withing the margin of what they need to sell to have a profitable year. In other words, many businesses depend on holiday season sales to keep their doors open. Many people also depend on the holiday sales season for employment, as retailers typically hire over 750,000 seasonal workers each year.

Black Friday

There is really no official start to the holiday shopping season. Much depends on the type of business, for some it may start as early as September or not kick in until the last weeks of December. However, for most retailers the unofficial kick-off day is the day after Thanksgiving, generally known as Black Friday.

Cyber Monday

A newer, but fast growing companion to Black Friday is Cyber Monday, which falls on the first Monday after Black Friday. This day is devoted to the promotion of e-commerce, the buying and selling of things online. Once only a small fraction of holiday sales, online shopping has boomed in recent years. In 2010, retails analysts predicted that e-commerce holiday shopping would pass $300 billion in 2017. However, that milestone is expected to be blown past this year, as the 2015 shopping season is expected to produce at least $325 billion in retail sales.

Long Term Trends

It can be safely assumed that people will always enjoy doing some of their holiday shopping in actual brick and mortar stores. Yet, an ever increasing amount of shopping will also be done online, with average year to year growth in e-commerce holiday shopping averaging around five or six percent growth each holiday season since 2009. With record breaking sales expected once again this year, every business will want to be fully prepared to handle that extra business and all of the electronic payments that the increase will entail. For those businesses that are prepared, 2015 should be a very happy holiday season.

Copyright 2015 Axis Payments