Nationwide Payment Systems bring 20 plus years of payment experience and direct relationships with payment processors, banks, gateways, and fintech companies to the table. We work with merchants on Domestic solutions and Global solutions so you can process internationally. International merchant accounts will be the norm soon – it can be part of your business plan now.
We provide you with knowledge, research, and first hand-hand experience in the industry. Instead of calling ten companies, you can engage with Nationwide Payment Systems and our Payment Advisory Services for your next project. We do pre-screening and pre-underwriting to get you into a solid relationship that will work for your business type.
Nationwide Payment Systemsoffers consulting services to merchants. Banks, software companies, ISV’s, SaaS companies, emerging markets, retail, e-commerce, high-risk, cryptocurrency, NFT, Web3, Metaverse companies, and more. We launched The Payment Advisory Board, and we have gathered many experts who can assist merchants in obtaining processing, setting up a PayFac or Hybrid Payfac program, and more. We work with domestic merchants and international merchants. We also have partners that are industry expert attorneys, accountants, and other professionals who can assist your business. We work with merchants on selecting hardware, software, gateways and looking at alternative payment options.
Reg 5A: We help companies who want to accept credit cards for all types of investments – we have assisted many companies in getting this set up so they can sell stock and use credit cards, ACH, Cryptocurrency to help them raise money.
Niche or new business types: There are many new businesses that banks are unfamiliar with, and we help merchants who need to get processing and find a bank willing to learn about a new company so that you have a quality and solid processing relationship. Some examples of new businesses are marketplaces, cryptocurrency, NFT, NFT marketplaces, Web3, Metaverse, and more.
Subscription/SaaS/Recurring Billing: Subscription-based services, Saas, and recurring billing are a growing trend with businesses of all types, and we can help you get this set up, assist with compliance and explain how to reduce the risk of chargebacks. We can set you up with a Credit card and ACH for your merchant account to give your clients options and reduce costs.
Emerging Markets: We specialize in consulting merchants on how to qualify for the best rates for Interchange and your business type. Many businesses have special rates and programs that can lower your Interchange expense.
High volume – High Ticket: Not every processor is ready to deal with these merchants outside of the retail – restaurant spaces. We work with many providers who handle these types of merchants, and we find them homes – without paying high-risk rates.
High-Risk: No matter what your category is, there is always a bank or processor processing for the space – we have a saying if it’s legal, someone is processing as long as your business is compliant.
Education: We always believe in educating our clients about the risk, compliance, and avoiding losing their processing.
Level 2 – Level 3 B2B Processing: When your business is processing business cards, it is essential to know that you are processing cards correctly to qualify for the lowest Interchange fees. Running software that can process Level 2 – business cards and Level 3 Corporate Cards is a must.
Global Processing: If you are a USA merchant and want to sell and accept payments in multi-currency, we can assist you in getting that set up and keeping your international customers happy. We have several programs to help you start processing payments globally. To learn more about these programs, get in touch for your no-obligation consultation and speak to a payment expert.
Let’s work together
Contact one of our payment specialists and we will set up a no-obligation appointment to talk about your business needs.
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Frequently Asked Questions
What is payment processing services?
Payment consulting services encompass a wide range of expertise, including payment processors, banks, gateways, and fintech companies. Nationwide Payment Systems offers knowledge, research, and hands-on experience to help businesses navigate the world of payments. Regulatory compliance, subscription billing, high-risk industries, and education are key focus areas for their consultation services.
How does consulting pay work?
Consulting pay works by providing expertise in processing, banks, gateways, and fintech. Services include setting up payfac programs, assisting with hardware/software selection, and educating on risk/compliance to avoid processing issues.
What is payment processing?
Payment processing involves facilitating the acceptance of various forms of payment, such as credit cards, ACH, cryptocurrency, and more for businesses. This service includes setting up payment systems, managing transactions, mitigating chargebacks, ensuring compliance, and providing education on processing risks to merchants.
What is a payment consultant?
A payment consultant is a professional with extensive experience in the payment industry. They offer knowledge, research, and firsthand expertise to assist businesses in navigating payment processing, setting up PayFac programs, selecting payment options, addressing compliance, and minimizing chargeback risks.
What is a payments consultant?
A payments consultant is a seasoned professional with over 20 years of experience in the payment industry. They provide expertise, research, and hands-on guidance to businesses in various sectors, offering services such as setting up payment processing, advising on PayFac programs, and facilitating alternative payment options.
What defines payment processing consulting?
Payment processing consulting involves leveraging 20+ years of industry experience to help businesses navigate payment systems, regulations, and risk management. From setting up PayFac programs to advising on hardware/software selection, consultants educate clients on compliance and best practices to optimize payment operations and reduce chargeback risks.
How do payment consultants increase efficiency?
Payment consultants increase efficiency by leveraging their 20+ years of experience and direct relationships with payment processors to provide specialized knowledge, research, and hands-on industry expertise. They assist with setting up payment processing, PayFac programs, selecting hardware/software, and educating on compliance to streamline payment operations and reduce risks.
What strategies do payment consultants recommend?
Payment consultants recommend strategies such as obtaining processing, setting up PayFac or Hybrid Payfac programs, selecting appropriate hardware and software, exploring alternative payment options, educating clients on risk and compliance, assisting with subscription-based services and recurring billing, and working with high-risk businesses to find processing solutions.
Why hire a payments processing consultant?
Hiring a payments processing consultant can provide valuable expertise and industry knowledge to navigate the complexities of the payment landscape. Consultants offer insights on setting up payment processing, reducing chargeback risks, exploring alternative payment options, and ensuring compliance with regulations.
What innovations are shaping payment consulting?
Innovations like PayFac programs, cryptocurrency acceptance, and expertise in emerging markets are shaping payment consulting. Experts provide guidance on setup, compliance, risk reduction, and hardware/software selection for various industries to enhance payment processing efficiency and effectiveness.
How do payment consultants assess risk?
Payment consultants assess risk by educating clients on compliance, guiding them through processing options, setting up secure payment systems, and providing insights on reducing chargebacks. They work with various industries to ensure businesses understand and mitigate potential risks in payment processing.
What role does a payments consultant play?
A payments consultant plays a vital role in providing expertise, research, and industry knowledge to businesses seeking assistance in payment processing. They offer guidance on setting up various payment options, navigating compliance, and minimizing chargeback risks, all while educating clients on industry best practices.
How can payment consulting optimize transactions?
Payment consulting optimizes transactions by providing expertise in payment processing, assisting with setting up PayFac programs, selecting suitable hardware/software, exploring alternative payment options, educating on risks/compliance, helping high-risk businesses find processors, and facilitating subscription/recurring billing setup to reduce chargebacks and enhance business operations.
When should businesses seek payment consulting?
Businesses should seek payment consulting when setting up payment processing, exploring new payment options, navigating high-risk industries, implementing subscription or recurring billing, or needing assistance with compliance and chargeback prevention. Consulting services offer expertise, industry knowledge, and tailored solutions to optimize payment processes.
What trends are impacting payment processing?
Subscription-based services, SaaS, and recurring billing are growing trends in payment processing. High-risk industries are also finding processing solutions, and education on risk and compliance remains crucial to avoid processing issues.
How do consultants evaluate payment systems?
Payment consultants evaluate payment systems by leveraging their 20+ years of industry experience to provide knowledge, research, and hands-on expertise. They work with various businesses, including high-risk industries, to set up payment processing, subscription services, and alternative payment options. Consultants also educate clients on risk management and compliance to help prevent payment issues.
What compliance issues do payment consultants handle?
Payment consultants handle compliance issues such as risk assessment, chargeback prevention, and regulatory requirements within the payments industry. They educate clients on legal considerations and help businesses stay compliant to maintain their processing capabilities.
How does payment consulting improve cashflow?
Payment consulting improves cash flow by providing expertise, research, and firsthand experience in the payment industry. Consultants assist in setting up efficient payment systems, reducing chargebacks, selecting appropriate hardware/software, exploring alternative payment options, and educating clients on compliance to avoid processing issues that could hinder cash flow.
What security protocols do payment consultants enforce?
Payment consultants enforce strict security protocols to protect against fraud and data breaches. These protocols include encryption, tokenization, PCI compliance, and constant monitoring for suspicious activities to ensure safe payment processing for businesses and customers.
How do consultants streamline payment operations?
Consultants streamline payment operations by offering expertise in payments, assisting with obtaining processing, setting up PayFac programs, selecting suitable hardware/software, educating on risk/compliance, and helping navigate high-risk sectors. They also provide support in subscription services, recurring billing, and alternative payment options, ensuring businesses optimize their payment processes and reduce chargeback risks.
What industries benefit most from payment consulting?
Payment consulting benefits industries such as banking, software, e-commerce, high-risk, cryptocurrency, NFTs, Web3, Metaverse, and more. It helps businesses with credit card processing for various investments, subscription services, compliance, risk mitigation, and education on processing.
How do payment consultants integrate new technology?
Payment consultants integrate new technology by leveraging their 20+ years of experience and direct relationships with processors, banks, and fintech companies. They offer expertise on setting up various payment processing options like PayFac or Hybrid PayFac programs. Consultants educate clients on risk management, compliance, and technology integration while recommending hardware, software, and gateways tailored to their business needs. In high-risk industries, consultants find processors willing to work within legal boundaries. They also provide guidance on subscription-based services, SaaS, recurring billing, and alternative payment methods like cryptocurrency to help businesses adapt to evolving payment landscapes and maximize revenue potential.
Can payment consultants reduce transaction costs?
Payment consultants like Nationwide Payment Systems can assist in reducing transaction costs through their industry expertise, direct relationships with processors, and knowledge of cost-effective payment solutions. With tailored guidance on payment processing options and risk mitigation strategies, businesses can optimize their payment operations to decrease expenses in the long run.
What qualifications should a payment consultant have?
A payment consultant should have over 20 years of industry experience and direct relationships with payment processors, banks, and fintech companies. They should be knowledgeable in multiple sectors, including high-risk industries, subscriptions, and emerging markets. Additionally, expertise in compliance, risk mitigation, and alternative payment options is crucial for success in the field.
How does payment consulting affect profit margins?
Payment consulting services can impact profit margins by optimizing payment processing efficiency, reducing chargeback risk, and educating clients on compliance. This expertise can help businesses in various industries navigate payment complexities and enhance their financial performance.
Why is payment processing consulting necessary?
Payment processing consulting is essential for businesses to navigate the complex world of payment systems. Consultants provide expertise in selecting the right payment solutions, understanding regulations, minimizing risks like chargebacks, and accessing specialized services for various industries, ensuring smooth and secure transactions.
What tools do payment consultants use?
Payment consultants use their expertise, industry knowledge, and direct relationships with payment processors, banks, gateways, and fintech companies to provide guidance on payment processing solutions. They assist with setting up PayFac programs, selecting hardware and software, exploring alternative payment options, and educating clients on risk and compliance.
How do consultants analyze payment workflow?
Payment consultants analyze payment workflow by leveraging their expertise in payment processing, banks, gateways, and fintech. They offer guidance on selecting hardware, software, and alternative payment options, educating clients on risk, compliance, and chargeback reduction, tailored to diverse industries like high-risk, subscription services, and emerging markets.
Can payment consulting aid in dispute resolution?
Payment consulting services can aid in dispute resolution by providing expertise on chargebacks, compliance, and risk management. Consultants educate clients on avoiding processing issues, helping businesses navigate disputes effectively to protect their revenue and reputation.
What metrics do payment consultants focus on?
Payment consultants focus on metrics such as processing rates, chargeback ratios, compliance requirements, and risk mitigation strategies. They also assist with setting up payment processing systems, selecting suitable hardware and software, exploring alternative payment options, and educating clients on industry regulations and best practices.
When it comes to navigating the world of payment processing, having a knowledgeable partner by your side can make all the difference. With Nationwide Payment Systems, you can benefit from over 20 years of experience in the industry. Our team has direct relationships with payment processors, banks, gateways, and fintech companies, allowing us to provide you with expert knowledge, research, and personalized solutions. Whether you are in retail, e-commerce, high-risk industries, or emerging markets like cryptocurrency and NFTs, we have the expertise to help you succeed.
From helping you set up a PayFac or Hybrid Payfac program to assisting with hardware and software selection, we are dedicated to maximizing your payment solutions. We understand the unique challenges that businesses face when it comes to payment processing, and we are here to provide you with reliable merchant services, credit card processing, and custom solutions tailored to your specific needs. Let us help you streamline your payment processes and unlock new opportunities for growth.
Nationwide Payment Systems bring 20 plus years of payment experience and direct relationships with payment processors, banks, gateways, and fintech companies to the table. We work with merchants on Domestic solutions and Global solutions so you can process internationally. International merchant accounts will be the norm soon – it can be part of your business plan now.