Merchant Card Services

Could your business profits grow if you accepted credit and debit cards? Does your business require you to accept personal checks, credit cards and debit cards?

To gain an edge over your competition or build your clientele, accepting credit and debit cards as a form of payment is essential for most companies. By partnering with Total Merchant Concepts, Inc., PCU will assist you in setting up a Merchant Account. We will help you simplify your procedures and increase your business performance. Even if you already have a credit card terminal, consider a free cost analysis of your current provider, and perhaps we can save you money!

Accepting Cards	Credit and debit cards including Visa, Mastercard, Discover and American Express
Equipment	Terminals, printers, pinpads, checkreaders and wireless options
E-Check Verification	Compares your customers' personal and check information with a national checkwriters database (both positive and negative)
ACH Check Conversion	Turns an ordinary check into an electronic transaction
E-Commerce Solutions	Fax/mail/phone in real time or delayed authorizations; web-based credit card terminals
Gift Cards	Affordable gift card solutions for businesses, large and small
Processing Solutions	Touch-tone approvals, software available with various platforms, no double-entry while using Quickbooks

Will Reg E affect your business?

A new federal regulation (Reg E) requires consumers to “opt-in” to overdraft protection on their debit cards by August 15. Consumers who don’t opt-in may have transactions declined due to insufficient funds.

An overdraft occurs when consumers do not have enough money in their account to cover a transaction, but their financial institution pays it anyway.

Some consumers don’t realize the overdraft protection they currently utilize will change beginning August 15 if they haven’t “opted-in.” Thus, they may be surprised if their debit card transactions are denied.

If you have customers whose debit transactions are rejected after August 15, suggest they contact their financial institution to review their overdraft protection options.

It is unknown how this regulation will impact consumers and businesses. The best thing you can do is educate your customers if their transactions are denied after August 15.

If you’d like to learn more about PCU’s merchant card services, call Business Services at 651-747-8900, email BusinessServices@postalcu.org, or complete our contact form.