If you do not see your question here, feel free to contact us with your question(s). We will be more than happy to get them answered in a timely manner.
What Services Do You Offer?
Credit card processing and merchant services from our Partner ISO's solutions that are designed to meet the payment needs of organizations both large and small. Additionally, with the integration to the Partner ISO's Maximizer platform, our partnered solutions serve as your single partner for all payments (ACH, Check, File/Web Based, recurring, remittance and debit/credit card). Our services feature access to all major card platforms to provide coverage across all industry segments Online Reporting Our dedicated associates are at your fingertips to help you with your processing needs with no additional charge! P2P Encryption We offer most terminals and point-of-sale systems available on the market, and can also reprogram your existing equipment! EMV Payments We provide competitive credit card processing rates and will never arbitrarily raise your prices. There are no hidden numbers. Bank Program Protect your transactions with Point-to-Point Encryption, PCI Scope reduction, complete EMV protection, and more.
How Do You Offer Better Rates Thank Our Bank?
Lion's Gate Financial is powered by experienced and vetted ISO's with long standing and preferred banking relationships with over 8 different domestic commercial banks specialized in merchant processing. What we specialize in Interchange Optimization and are able to guarantee the best rates in the country.
How are Interchange Fees Calculated?
Interchange fees are set by the major credit card associations (Visa, Mastercard, American Express, and Discover). Each association publishes a schedule of fees that break transactions down according to categories such as card-present vs. card-not-present, business type, ticket size, credit card vs. debit card, and many others.
What is Interchange Optimization?
We use the Interchange + Pricing Model, which routinely optimizes the interchange rates for the merchant's benefit. Very few ISOs know how to do it and even fewer take the time to do it. Seven out of ten times we find other fees hidden in Interchange, assessments and a few other categories that merchants are not required to pay and are hidden in these categories with other processors. We also look to see if we can save additional savings in Level II and Level III Interchange which only a handful of processors have the ability to offer. This allows us to show merchants true savings over what they’re currently paying.
How Do We Start a Merchant Relationship?
The onboarding process starts with the merchant providing its last month’s credit card processing statement to us for analysis. Within two business days a telephone conference will be held to explain how much money can be saved. If the merchant wishes to proceed to save money, a Pre-Application with supporting documents must be completed and that will be used to fill in blanks for a formal credit card processing agreement. A Docu-Sign with a formal agreement will need to be signed. The bank will take 3-5 business days to approve, unless additiona supporting documents are required. Once this process is complete, a merchant ID will be released along with implementation instructions. Converting from the old processor to the new will be seamless.
What Type of Businesses Do You Serve?
Merchants can be any company or individual who accepts credit payments or ACH transfers in payment for goods or services. Our customers and clients range from automotive retailers, retreat centers, luxury retailers, restaurant groups to online retailers (e-commerce) and brick and mortar/retail shops.
What are the E-Commerce/ Website Requirements?
Websites we can integrate with require the following: * The platform that is being used allows for 3rd Party processing. * The Gateway that is being deployed is Authorize.net or NMI Yes, we integrate with Shopify. Note that Shopify charges an extra fee to use a 3rd party service. We’ll run a proposal to see if you could get significant savings.
How are Your POS Systems Cheaper?
We get our POS systems at a wholesale rate and don't charge the retail price.