With advancing technology and needs spurred on by post-pandemic living, the payments processing industry is one of the fastest changing. Banks, credit card companies, and financial institutions are doing their best to keep up with consumer spending habits and their demand for digital immediacy, while at the same time trying...

What’s in a name? –A LOT!  A name is not only a part of someone’s culture and identity, but it’s a part of someone’s “public persona.” It tells others something about who you are. In pop culture, Beyoncé has made a brand out of her name, much like Madonna and...

Most small businesses consider data breaches something that only impacts large multinational companies like Yahoo or Home Depot, but that’s no longer the case. Cyber criminals are increasingly targeting small and mid-size businesses, finding it’s easier, faster, and more profitable than going after larger companies. There are over 35,000 computer...

According to a study by Constant Contact, the two leading concerns among U.S. small business owners are finding new customers and retaining existing ones. Although obvious, it makes sense – a business simply can’t exist without customers. What’s the best way to accomplish this, and is there a method that...

For both merchant acquirers and processors, revenue growth will continue to be a primary challenge over the next several years. Transaction driven sales growth has decelerated and now stands at an annual growth rate of about 8 percent per year as compared to the 10 to 15 percent volume growth...

We all know that businesses succeed or fail based upon the health of their revenues. All revenue streams are not equal. Actually, there are some more healthy than others. Often CEOs, CFOs and entrepreneurs do not check the health of their various revenue streams and undoubtedly regard all revenue as...

Atlanta, GA: Savify, the leading merchant discount program in the payments industry, has added the nation’s first and only business identity theft protection service, iDefend Business, to its program. After discovering that big name identity theft companies only protect individuals, Savify knew its customers needed a company that could protect...

Read part 1 STATS •    Over $8 billion is lost or stolen from small businesses every year. (FBI) •    In 84% of cases, money was stolen before the fraud was detected by the bank. (Ponemon Institute) •    60% of businesses that suffer business identity fraud close their doors within 1...

Atlanta, GA: Savify, the leading merchant discount program in the payments industry, has announced the expansion of its leadership team, with Sonny Wooten taking the new position of Vice President of Business Development. In his new role, Mr. Wooten will deliver Savify’s innovative retention and revenue solutions to the marketplace,...

Business identity theft is a growing problem. At SAVIFY, we believe it’s our responsibility to help protect our clients and members. While our program already provides identity protection from the top names in the industry, they only protect individuals and their families, not businesses. That’s why we’ve teamed up with...

Nobody likes getting sick, but for small business owners, it can hurt the bottom line. According to the CDC, productivity loss and absenteeism due to illness costs U.S. employers $225.8 billion annually – about $1,685 per employee. Time that’s normally spent running the business is now lost to rest and...

For most business owners, time is their most valuable resource. Starting, running, and growing a small business requires doing the work of several people, but within the time constraints of one. In order to grow a business AND maintain a healthy work-life balance, some tasks need to be outsourced to...

Marketing can be intimidating for small business owners, and we don’t blame them. It’s hard to effectively market products in the numerous channels available in today’s complex environment. Yet, a strong marketing strategy is an essential component for the continued success of any SMB. So, what is the best way...

If you don’t routinely back up your data, you’re not alone. Trend Micro estimates that 62% of small and medium-sized businesses (SMBs) don’t regularly back up their data, and a study by the Diffusion Group found that 40% don’t back up at all. There’s nothing to gain from poor data...

MERCHANT CASH AND CAPITAL PROVIDES EXCLUSIVE FUNDING OPTION FOR BUSINESS DISCOUNT PLAN MEMBERS Atlanta, GA – July 23, 2015 – Business Discount Plan (BDP) has selected Merchant Cash and Capital (MCC) as the exclusive finance provider for Business Discount Plan members. Business Discount Plan (BDP), based in Atlanta, GA, is...

Companies in the electronic payments industry have experienced a dramatic shift in business dynamics. Savify recognizes that in order for ISOs, Acquirers, and Processors to succeed in the shifting paradigm of technology, they must become providers of complete solutions. All entities must evolve beyond delivering only a processing product, offering...

For companies in the electronic payments industry, things have changed. The days of signing up merchants and keeping them for life are gone. Making a living off terminal leases and residuals is getting harder, and competition is fierce. In order to survive, companies need to differentiate themselves with useful, value-add...

An interview with Diane Vogt Faro, President of Savify, as published in Transaction Trends, October 2014 issue, titled “How Savify leverages buying power to add value to processors’ and merchants’ businesses” by John Manasso. Read the complete article

Savify, which partners with ISOs and processors to offer value-added benefits to merchants at highly discounted prices, has added protection and recovery from identity theft to its roster of 50+ products and services. “Over 16 millions Americans were victims of identity theft last year, and recovery is costly and time...

Online portal delivers enhanced business management capabilities Merchants nationwide doing business with Boston-based Merchant Warehouse, a leading payments technology provider, can now enjoy the benefits of a web portal to more efficiently manage business processes. Called the Merchant Portal, the platform gives merchants centralized access to statements and reports, enhanced...

Reporting live from SEAA 2014… GreenSheet Interviews Savify President Diane Vogt Faro

Merchants willingly participate in programs that add value, according to data collected from thousands of small-business owners over the course of last year by Savify. Savify works with processors and large ISOs to provide discounts on more than 100 products and services that businesses need, an Savify press release says....

Diane Vogt Faro, a pioneer of the acquiring business, has served as president of the Electronic Transactions Association and was a founder of Women Networking in Electronic Transactions, or W.net.  After a distinguished career with First Data that included stints as president of Global Merchant Services and CEO of Chase...

Prodigy Payment Systems provides small businesses the latest technology in credit card processing. In an industry as competitive as the payments industry, it’s imperative for Prodigy to stand out among the rest by offering award-winning customer service. To add to their suites of payment technology, Prodigy extends beyond the credit...

In an age when ISOs struggle to boost profit margins and distinguish themselves from competitors, the services of Savify represent the ultimate value add, according to Savify Chief Executive Officer Mark Zisholtz. “Many ISOs are looking for ways to increase their revenue base, and one way to do it is...

When merchant level salespeople speak of value-added services, they typically mean enhancements relating to payment acceptance: e-mail receipts, remote deposit capture equipment, Web-based loyalty programs – you name it. A company called Savify provides services to merchants that have nothing to do with POS systems; they are nonetheless a potent...