Saving Money with the Dydacomp Bundled Package

Michael Chichester, Dydacomp Payment Processing

Posted by Michael Chichester, Payment Processing Team Leader

Recently I have been working with a large sporting equipment supply company to help them save money on their credit card processing and become PCI Compliant. This merchant has 12 different companies (or DBAs) running in M.O.M. on 65 workstations. They sell multi-channel – Mail Order, Phone Order, Internet Order through SiteLINK eCommerce, as well as Retail Card Swipes through the Point Of Purchase module.

The owner wanted to find a way to significantly reduce the fees they are paying each month for credit card processing. The owner also wanted to ensure that the solution supported their efforts to become PCI Compliant by the July 2010 deadline. Starting in July, all merchant banks must ensure that their customers are PCI Compliant, especially their new ones (hey, that sounds like a great topic for my next blog!). Anyway, this company did their due diligence, securing several quotes from local merchant service providers before calling me to discuss the issue. Since we get our bundled packages through First Data Corporation, which is one of the leaders in the PCI Compliance movement, I immediately thought they would be a good fit. I informed them of our bundled package option which is compatible with MOM 6.2 (and higher).

I asked that they send me the last 3 months of merchant account statements as well as the quotes they received from the various merchant service providers in an attempt to get them an even better offer from First Data. I performed a full cost analysis and side-by-side comparison of the offers. Then I called our rep at First Data to see what they can offer this merchant in an attempt to help them reduce their costs and support their PCI Compliance efforts. They offered a greatly reduced Gateway fee for all 12 of their companies on top of offering the best price for the merchant accounts. Needless to say, it was the highlight of my week to be able to help this customer save over $1000 per month right off their bottom line.

The end result is that this company is now paying significantly lower fees for their 12 merchant accounts as well as paying virtually nothing for the 12 Gateways. In addition, they are now with a merchant service provider who is a leader in the PCI Compliance movement. The cash saved on Credit Card Processing fees will come in handy when budgeting for future projects, hiring a few extra employees, or to upgrade equipment in the office. For anyone out there looking to put cash back in their pocket, I strongly recommend exploring the Dydacomp Bundled Package.

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4 Responses to “Saving Money with the Dydacomp Bundled Package”

  1. rocio123 says:

    WOW! It is great to know that Dydacomp can offer that financial analysis to its customers that puts in numbers actual proof of savings in processing fees, great job Mike

  2. lbarber says:

    The Dydacomp Bundled Package works across multiple platform solutions offered through Dydacomp including StoreFront. With the PCI Compliance movement why not save a little money with an industry leading service while letting your consumers know you take the security of processing their payment seriously. A consumer who knows their payment is being processed securely with a recognized leader in payment processing is not only more confident in making purchases through your site, but is more likely to place larger and frequent orders. There isn’t better marketing for your business than satisfied customers who recommend products and services that are purchased securely with your company through the Dydacomp Bundled Package. Michael Chichester is an expert in this field. Please allow him to assist you in saving money today!

  3. mike.n says:

    The bundle initiative has to be one of Dydacomp’s best offerings that we’ve released. It is fully automated within both M.O.M. and SiteLINK so you maintain the exact feature set that you’ve used with our other Dydacomp Gateway Systems except that you save money overall. It’s been very rare where I’ve reviewed a case where Mike was not able to save a client some money so contact us today to find out what we can do for your business. Every penny of savings counts in today’s economy. Thank you.

  4. jerseyjon says:

    Thanks Mike. I’ve seen this work on so many occasions now for Dydacomp customers and hope others will take advantage of this ‘free money’. Certainly seems worth a phone call to recognize such significant results.

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