Servistree.com

Servistree Merchant Services Named Champion Partner for the 2026 BBB Torch Awards for Ethics

2026-04-27

In today's fast-paced business environment, trust is the ultimate competitive advantage. It is the foundation of every successful customer relationship and the heartbeat of a thriving local economy. At Servistree Merchant Services, we believe that doing business the right way is the only way.

That is why we are incredibly proud to announce that we are a Champion Partner for the 2026 BBB Torch Awards for Ethics, hosted by the Better Business Bureau Serving Southeast Florida & the Caribbean (BBB SEFL).

Set to take place on Thursday, June 25, 2026, at the prestigious NSU Alan B. Levan Center of Innovation, this signature event will bring together the most influential CEOs and community pillars in Southeast Florida. As a comprehensive business solutions provider, Servistree is thrilled to support an initiative that recognizes the "Ethical Heroes" of our regional marketplace.

Here is everything you need to know about the 2026 BBB Torch Awards for Ethics, our role as a Champion Partner, and how this event is shaping the future of ethical business in Southeast Florida.

What Are the 2026 BBB Torch Awards for Ethics?

The BBB Torch Awards is the Better Business Bureau's premier annual event, designed to honor businesses and leaders who demonstrate an exceptional commitment to ethical business practices.

The theme for the 2026 awards is "Community Impact." The event will shine a spotlight on local organizations that don't just prioritize their bottom line, but actively work to make a positive difference in their communities. Nominees and finalists are evaluated across the "4 C's" of ethical business:

Character: The internal compass of the organization's leadership

Culture: The ethical environment fostered within the workplace

Customers: The transparency, honesty, and reliability shown to consumers

Community: The tangible impact the business has on its local neighborhood

Why Servistree is Proud to be a Champion Partner

As a Champion Partner, Servistree Merchant Services stands alongside the BBB in promoting a marketplace built on integrity and mutual trust. Our daily mission perfectly aligns with the core values celebrated at the Torch Awards.

At Servistree, we are more than just a payment processing company; we are a comprehensive business solutions provider. We empower business owners to streamline their operations and protect their livelihoods through:

Secure Payment Processing: Ensuring that every transaction is safe, fast, and transparent

Advanced Point-of-Sale (POS) Systems: Modernizing how local businesses operate and interact with their customers

Financial Protection & Insurance Services: Giving business owners peace of mind so they can focus on growth.

When a consumer swipes a card or a business signs a contract, trust is exchanged. By sponsoring the 2026 BBB Torch Awards for Ethics, Servistree is reaffirming our commitment to protecting that trust. We believe that empowering business owners with secure, reliable, and ethical financial tools is our way of creating a lasting Community Impact.

Event Highlights: What to Expect on June 25th

The 2026 BBB Torch Awards for Ethics promises to be an elite gathering of over 150 influential business leaders, innovators, and local champions. Here is a sneak peek at what the afternoon will entail:

1. A Powerful Keynote Address - Attendees will be treated to a keynote speech from Andrew Koenig, CEO of CITY Furniture. A lifelong Floridian and visionary leader, Koenig will share insights from his journey from the receiving department all the way to the C-suite. He will dive into Lean Philosophy and the intersection of profitability and social responsibility, highlighting CITY Furniture's "5% Giving Pledge" which commits a minimum of 5% of annual profits to community impact.

2. Networking with Southeast Florida's Best - The event kicks off with a Networking Reception, providing a rare opportunity to connect with over 150 top CEOs, executives, and community leaders who are driving the local economy forward with integrity.

3. Celebrating Ethical Leadership - The Awards Luncheon will formally recognize the 2026 Torch Award Finalists. It is a moment to celebrate the companies that go above and beyond, proving that ethical leadership is the future of business in Southeast Florida.

We also want to congratulate the 2026 Chairman Partner, Coastal Debt Resolve, a premier Merchant Cash Advance (MCA) debt relief firm dedicated to protecting small businesses from unmanageable debt cycles. Together, Servistree and Coastal Debt Resolve are honored to power this incredible afternoon.

"The Torch Awards is our signature event of the year, providing a spotlight for businesses that prove trust is the ultimate competitive advantage. With the support of our local partners... we are showing that ethical leadership is the future of business in Southeast Florida and beyond." — Cinthya Lavin, VP of Communications at BBB SEFL

Join Servistree at the 2026 Torch Awards!

We invite all our partners, clients, and fellow Southeast Florida businesses to join us at this prestigious event. Whether you are looking to network with like-minded professionals or want to celebrate the ethical heroes of our community, this is an afternoon you won't want to miss.

Event Details:

Date: Thursday, June 25, 2026

Location: NSU Alan B. Levan Center of Innovation

Early Bird Registration: $80 (Ends April 30, 2026)

Standard Registration: $100 (Begins May 1, 2026)

Note: With April 30th fast approaching, be sure to secure your Early Bird tickets today!

Elevate Your Business with Servistree Merchant Services

At Servistree, we know that building an ethical, trustworthy business requires the right tools. From seamless payment processing to robust financial protection, we are here to support your journey.

If you are ready to upgrade your business solutions with a partner who values integrity as much as you do, contact Servistree Merchant Services today. Let's build a better, more trusted marketplace together.

The Top 10 Payment Processing Frustrations — And How Servistree Solves Them

2025-10-14

For most small-business owners, payment processing feels like a necessary evil — unpredictable, confusing, and often frustrating.

At Servistree, we’ve built our system from the ground up to eliminate those headaches and bring honesty, transparency, and real savings back into the equation.

Here are the top pain points we hear from new clients — and exactly how we prevent them.

1. Hidden Fees and Complicated Pricing

The Problem: Surprise statement fees, PCI charges, or tiered pricing that makes no sense.

How Servistree Solves It:

Simple, transparent pricing — no hidden fees, no fine print.
You’ll always know exactly what you’re paying and why.
For qualified merchants, our Fee-Shift program legally and compliantly passes the cost of credit card acceptance to the cardholder — meaning you pay $0 in processing fees.

2. Lack of Transparency

The Problem: Statements full of jargon and inconsistent rates.

How Servistree Solves It:

We provide a clear side-by-side rate comparison before you sign.
Monthly statements are easy to read and explained in plain English.
No contracts, no cancellation fees — we earn your business every month.

3. Poor Customer Support

The Problem: Long hold times, untrained call centers, and endless transfers.

How Servistree Solves It:

You get a dedicated account manager with direct phone and text access.
Support is U.S.-based and available 24/7.
“If you’re working, we’re working” — that’s our support philosophy.

4. Technical Problems and Downtime

The Problem: Frozen terminals, batch errors, and no backup when the internet goes down.

How Servistree Solves It:

We only deploy certified hardware tested for reliability.
Our All-In-One payment platform integrates seamlessly with software like Eaglesoft, QuickBooks, and Converge.
Redundant processing and offline-mode options ensure you never lose a sale.

5. Contract and Cancellation Frustrations

The Problem: Long-term agreements and expensive termination fees.

How Servistree Solves It:

No contracts. No cancellation fees. Ever.
We believe in earning your business month after month — not locking you in.

6. Funding Delays and Chargeback Hassles

The Problem: Slow deposits and unfair chargeback reversals.

How Servistree Solves It:

Next-day funding for most merchants — get your money fast.
Hands-on chargeback assistance with documentation templates that help you win disputes.
Transparent communication from a real human, not an automated email.

7. Compliance and Security Confusion

The Problem: PCI compliance penalties, HIPAA confusion, and fear of breaches.

How Servistree Solves It:

Full PCI-DSS compliance guidance and secure tokenized payments.
HIPAA-compliant systems for healthcare and dental offices.
Free education on surcharging, compliance rules, and best practices.

8. Poor Fit for Business Type

The Problem: One-size-fits-all systems that don’t suit your industry.

How Servistree Solves It:

We specialize in verticals like medical, dental, veterinary, hospitality, and B2B.
Each account is custom-tailored for your software, workflow, and customer experience.
From front desk to back office, we make payments simple and efficient.

9. Lack of Value-Added Tools

The Problem: Basic payment systems that stop at swiping a card.

How Servistree Solves It:

Built-in reporting dashboards to track volume, savings, and customer trends.
Rebate and reward programs through Vendor Rebates for added value.
Access to advanced tools like Level 2/3 data for B2B interchange savings.

10. Feeling Like Just Another Number

The Problem: Big processors treat you like an account number, not a partner.

How Servistree Solves It:

We build long-term relationships, not transactions.
Personalized support, honest advice, and proactive cost reviews.
Our clients know our names — and we know theirs.

The Bottom Line

Payment processing shouldn’t be a source of stress.

It should be secure, simple, and profitable.

That’s why Servistree clients stay with us — because we combine Elavon’s world-class platform with Servistree’s personal, transparent service.

If you’re tired of payment processing headaches, let us show you how easy it can be to switch.

Request a free rate comparison today: https://www.servistree.com/services/switch-credit-card-processors or call 866-944-3244

Choosing a Reliable & Trustworthy Credit Card Processing Company in Miami

2025-10-08

(What merchants should demand before signing up)

In Miami’s competitive market, selecting the right merchant account / credit card processing partner is critical. A weak or opaque provider can cost you time, fees, reputation, and even expose you to regulatory risk. Below are the key characteristics, red flags to watch, and practical tips — plus FAQs and cost benchmarks — to guide your decision.

What Makes a Credit Card Processor “Trustworthy & Reliable”?

When evaluating providers, aim for a partner that behaves like a fiduciary ally rather than a “gotcha” vendor. Here are the essential attributes to insist on:

1. Transparent Rate Structure & No Hidden Fees

The provider should clearly break out interchange + markup, and any additional fees (monthly, PCI, gateway, statement, etc.).
Beware of “teaser rates” that balloon after 3–6 months.
No surprise add-ons (Hidden Fees”).
A trustworthy provider is typically fine with showing you how the math works.

2. No Long-Term Contracts, No Cancellation Fees

A red flag is being “locked in” for 24–36 months with early termination penalties.
Seek a processor with month-to-month agreements, no cancellation fees, and no automatic renewal traps.
This ensures accountability — if they underperform, you can leave without penalty.

3. Next-Day Funding / Fast Settlement

Cash flow is king. One of the telltale signs of a good processor is next-day funding (or “1-day settlement”) to your bank account.
At minimum, 24–48 hour settlement in most cases.
Be cautious of processors who claim “instant funding” — sometimes they front you funds and then claw them back with hidden reserves.

4. Strong Security: PCI Compliance, Tokenization & Encryption

Must adhere to PCI DSS (Payment Card Industry Data Security Standard).
Preferably, use tokenized payments for stored card data, so raw card numbers are never stored in your systems.
Support for point-to-point encryption (P2PE) or strong end-to-end encryption so data is encrypted at the point of swipe and remains unreadable in transit.
If your business handles patient health information or is subject to HIPAA, the processor should also be HIPAA-compliant or at least capable of supporting a HIPAA-aware model (e.g. de-identified tokens, secure data handling).

5. Robust & Integrated POS / Payment Processing Platform

They should support both in-store (POS terminals, countertop, mobile) and online/eCommerce payments.
The solution should integrate cleanly with your Point of Sale (POS) system, inventory software, accounting (QuickBooks, etc.), CRM, and other business tools.
If you already have a POS system, ensure the provider’s gateway or API can plug into yours without forcing you to rip and replace everything.

6. Support for Surcharged Credit Card Processing / Dual Pricing

Surcharging (adding a fee to card transactions) and dual pricing (displayed card price vs. cash price) can help your business offset processing costs — but they must be implemented properly and in compliance.
The provider should be able to support compliant surcharge programs (disclose surcharge in advance, limit it to allowed rates, etc.) and/or dual pricing models (posted price includes card processing cost, cash customers get a discount)
Make sure they stay up-to-date with Florida and federal rules regarding surcharging (e.g. caps, signage, card network rules).

7. Reliability, Uptime & Redundancy

The system should have very high uptime (e.g. 99.9 % or better).
Redundant connections (multiple network paths, fallback to cellular if broadband fails).
Disaster recovery, backup systems, and clear protocols in case of downtime.

8. Strong Customer Support & Local Presence

24/7 merchant support (phone, chat, ticketing) with real humans, not just email bots.
Preferably local or regional presence in Florida / Miami so they understand your bank environment, regulatory landscape (Florida, Miami-Dade), and can offer in-person support if needed.
Responsiveness matters: you want fast resolution when terminal or network problems occur.

9. Good Reputation, References & Transparency

Ask for merchant references in Miami (ideally in your industry).
Check for complaints or reviews (BBB, forums).
Ask how long they’ve been in business in this region and whether they own or lease their own equipment (vs. resellers).
The more transparent they are with pricing, interchange details, reserve policies, and underwriting criteria, the more trustworthy.

10. Fair Reserve / Risk & Hold Policies

Some processors impose rolling reserves or risk holds (holding back a percentage of funds for 30/60/90 days) — this must be clearly disclosed and reasonable.
The best processors minimize such holds or clearly define the triggering conditions.
Understand how they handle chargebacks and fraud: are chargeback fees reasonable? Do they help you with dispute resolution?

What to Watch Out For (Red Flags)

Blurred or bundled fees with no breakout
Long-term lock-in contracts with hefty early termination penalties.
Promises of impossibly low rates (e.g. 0.5 %) — often bait & switch.
Reselling of equipment or software that is locked, so you cannot move to another processor.
Lack of PCI / encryption capability.
No transparency about reserve, hold, or rollingreserve policies.
Push for surcharging without properly handling compliance or signage.
Poor or no support during setup, especially during weekends or holidays.
If the vendor is vague or evasive about next-day funding or hidden fees, that’s a warning sign.

Average Costs & Pricing Benchmarks

While pricing varies based on business type, volume, risk, and merchant category code (MCC), here are typical ranges in the industry — treat them as ballparks, not guarantees:

Cost Item	Typical Range / Benchmark*
Interchange + assessment fees	~1.50 % to 2.30 % (for standard consumer credit cards)
Processor markup / fee	+ 0.10 % to + 0.50 % or a fixed per-transaction amount (e.g. $0.05–$0.30)
Monthly gateway / merchant account fee	$10 to $30
Terminal rental / lease	$10 to $30 per month, or purchase $200–$850 one-time
PCI compliance fee	$5 to $25 / month (or annual fee)
Chargeback fee (penalty)	$20 to $50 / chargeback
Monthly minimum / statement fee	$5 to $25
Early termination or cancellation fee (if in contract)	Varies widely — can be several hundred dollars or more
Reserve / hold (if triggered)	5 % to 20 % of volume (if risky business)

* These figures are general industry norms; actual offers in Miami may differ based on your business’s profile (e.g. restaurant, medical, retail) and your volume, ticket size, and risk.

If you can avoid markup > 0.3 % or fixed-per-ticket fees > $0.10, you are doing pretty well. Also, a truly “no-contract / no cancellation fee / next-day funding” offer is rarer, so those are differentiators you should use as leverage when negotiating.

Special Topics: Surcharging, Dual Pricing & Tokenization

Surcharged Credit Card Processing

Surcharging means adding an extra fee at the point of sale for customers paying by credit card, intended to shift part of the processing cost to the customer. But it must be done compliantly:

You must disclose the surcharge in advance, both in signage and on the checkout screen.
The surcharge must not exceed allowed limits (typically capped around 3%).
Surcharges are not allowed on debit cards.
The processor must support proper accounting (separately line-item surcharge).
Card networks have rules about how surcharges are handled (it must be part of the same transaction, not a separate “service fee”).

If your processor cannot fully support compliant surcharging, your business risks fines or being dropped by card networks.

Dual Pricing

Dual pricing is an alternative to surcharging. In this model:

You post a single price (which assumes credit card cost built-in).
Customers paying with cash receive a discount off that price.
No “extra fee” is added at checkout; the difference is baked into your posted pricing.
This approach is often seen as more consumer-friendly and less legally risky than surcharging
Be sure your processor supports dual pricing cleanly (e.g. your POS shows both card and cash price) and handles the accounting.

Tokenized Payments & Vaulted Cards

Tokenization is critical for storing card data securely without keeping raw card numbers on your systems. The processor should:

Replace the real card number with a token (randomized identifier) for recurring billing or card-on-file.
Ensure that if the token is breached or stolen, it cannot be reversed into the real card.
Support easy recertification and refresh of tokens when cards expire or are reissued.
Integrate tokens across POS, eCommerce, and mobile so customers can use stored payment methods seamlessly.

FAQs (Frequently Asked Questions)

Do all states allow surcharging or dual pricing?

No — laws vary by state and card network rules. Surcharges are often capped (often around 3%) and are disallowed on debit cards. Compliant Dual pricing is generally safer from a regulatory standpoint, but you should check Florida state rules and relevant court rulings or opinions.

What volume or ticket size justifies “interchange-plus” pricing over flat rates?

Typically, once your volume and average ticket size are high enough (e.g. 1,000+ transactions/month or $100,000+ processing), interchange-plus gives you more visibility and usually lower cost. Flat-rate pricing is simpler but often penalizes high-ticket transactions.

Does HIPAA really apply to credit card processing?

Strictly speaking, HIPAA governs protected health information (PHI). If your business (e.g. medical practice) collects both PHI and processes payments, you need a processor that handles both in a secure, compliant way (e.g. tokenization, encryption, segregated data flows). Not all processors are designed for HIPAA-level risk.

What happens if there’s a data breach? Who’s liable?

It depends on your contract and the processor’s security model. If the processor’s platform is compromised and they failed to meet PCI requirements, liability may fall on them (or be shared), but merchants usually bear most of the reputational, audit, and remediation burdens. That’s why you want a processor with strong liability protections, clear auditing, and insurance or indemnification clauses.

Can I switch processors if I'm locked into hardware leasing?

It depends on your contract. Some providers lease or lock hardware so you can’t move. You should ask: “Can the terminal be unlocked, or is it proprietary?” Always negotiate that your hardware is yours (or can be used by another provider) if you terminate.

Are there hidden costs involving PCI non-compliance?

Yes. If your business fails a PCI assessment or audit, you may incur fines from card networks (Visa, Mastercard), additional compliance or remediation costs, and elevated processing rates. Confirm what their policy is, whether they assist with PCI self-assessments, and whether noncompliance fines are your burden or theirs.

How to Evaluate & Compare Credit Card Processors in Miami — Step by Step

Shortlist local and national providers that operate in Miami / Florida.
Request proposals with full fee disclosure, sample statements, and contract terms.
Ask for merchant references in the Miami area (especially in your vertical).
Test the onboarding / support promptness — see how responsive their sales and technical teams are.
Simulate your monthly volume & ticket mix and ask them to model your expected costs.
Review their security, compliance, and backup/failover capabilities.
Check the fine print for reserves, holds, breach liability, and exit provisions.
If surcharge / dual pricing is important to you, verify that their POS + gateway fully support it (signage, line-item processing, dual display, etc.).
Ask if they do next-day funding and what conditions may delay it.
Confirm PCI & (if relevant) HIPAA support and documentation.

Summary & Key Takeaways

If a credit card processing company in Miami wants your business, hold them to a high standard. Demand:

Transparent rates, no surprise fees
No contracts, no cancellation fees
Next-day funding or very fast settlement
Strong security, PCI compliance, encryption, tokenization
POS / payment processing integration that fits your setup
Support for surcharging / dual pricing legally and smoothly
Excellent support, local presence, reputation
Clear policies around reserves, holds, chargebacks, and breach liability

By doing your homework, comparing multiple providers, and insisting on transparency, you can secure a processing partner that is both reliable and aligned with your financial interests. Choosing the right merchant account / credit card processing provider in Miami is about more than the lowest rate — it’s about reliability, security, and flexibility. In the table above, you can see how many “typical” providers fall short in transparency, contract terms, and flexibility. Servistree, by contrast, promotes no contracts or cancellation fees, next-day funding, 24/7 U.S. support, PCI compliance, and integrated POS / payment solutions. If your business needs surcharged credit card processing, dual pricing, or tokenized payments, make sure the provider can back up their claims.

Is Your Payment Processor Holding Your Funds?

2025-10-13

Few things frustrate a business owner more than finding out that their hard-earned funds have been “placed on hold” by their payment processor. You delivered the service, swiped the card, and now your money is sitting in limbo.

Merchant Accounts and Credit Card Processing: A Guide for Small Business Owners

2023-02-10

As a small business owner, accepting credit card payments is essential to staying competitive in today's market. However, before you can start accepting credit cards, you need to set up a merchant account. A merchant account is a type of bank account that allows you to accept credit card payments. In this post, we'll explore what a merchant account is, how it works, and what you need to know to get started with credit card processing for your business.

What is a Merchant Account?

A merchant account is a specialized type of bank account that enables businesses to receive payments from customers using credit cards. When a customer makes a purchase with a credit card, the money is transferred from the credit card company to the merchant account and then to the business's regular bank account.

Acquiring banks, financial institutions that process credit card transactions for merchants, provide merchant accounts. They are responsible for verifying that the customer has sufficient funds and for securing the transaction to prevent fraud.

How Does a Merchant Account Work?

The process of a credit card transaction is a series of steps, including:

The customer swipes their credit card through the point-of-sale (POS) terminal or enters their card information online.
The information is encrypted and sent to the acquiring bank for authorization.
The acquiring bank verifies the customer's credit card information against the card issuer's database to confirm the card's validity and the customer's sufficient funds.
If the information is valid, the acquiring bank authorizes the transaction and sends the approval back to the POS terminal or website.
The customer's credit card is charged, and the funds are transferred to the merchant account.
The acquiring bank sends the funds to the merchant's regular bank account, minus any processing fees.

Key Things to Know Before Setting Up a Merchant Account for Credit Card Processing

Before setting up a merchant account for your small business, keep these key points in mind:

Processing Fees: Merchant accounts come with processing fees, charges the acquiring bank takes from each transaction to cover its processing cost. These fees can include a transaction amount percentage, a flat fee per transaction, or a combination of both.
Application Process: To set up a merchant account, you must fill out an application and provide information about your business, including your tax ID number and bank account information. The acquiring bank will also perform a credit check to assess your creditworthiness.
Equipment: To process credit card transactions, you will need a point-of-sale (POS) terminal, a card reader, or a software solution that integrates with your existing systems. Some acquiring banks may provide the equipment, while others may require you to purchase it.
Compliance: Credit card processing companies are regulated by various organizations, such as the Payment Card Industry Security Standards Council (PCI SSC) and the Electronic Funds Transfer Act (EFTA). Before setting up a merchant account, make sure you understand the compliance requirements and have the necessary systems in place.

Conclusion

Accepting credit card payments is crucial for small business competitiveness, and a merchant account is the key to making it happen. By understanding how merchant accounts work and what to know before setting one up, you can start accepting credit cards seamlessly and with confidence.

If you're ready to get started with a merchant account for credit card processing in your business, consider contacting Servistree Merchant Services. Servistree Merchant Services provides tailored solutions for small businesses, including competitive processing rates, customized equipment options, and 24/7 customer support. They are located in Ft. Lauderdale, Florida and have been servicing businesses of all sizes throughout the United States since 2009.

Don't miss out on the benefits of accepting credit card payments – contact Servistree Merchant Services today 866-944-3244 or Servistree.com office address 2890 West State Rd 84, Suite 103, Fort Lauderdale Florida 33312

FBI Raids Chinese Credit Card Processing Point-of Sale Company PAX Technology

2021-11-01

The FBI raided the Florida division of a China-based manufacturer of point-of-sale devices that allegedly facilitated cyberattacks on American and European businesses. Headquartered in Shenzhen, China, PAX Technology Inc. has more than 60 million point-of-sale terminals in use throughout 120 countries.

Business owners use these devices to process credit card payments and are used everywhere from big box retailers to gas stations to coffee shops for processing customer payments. The news was originally reported by WOKV, a local Jacksonville news outlet.

Cybersecurity news site KrebsOnSecurity said the raid is tied to reports that PAX’s systems may have been involved in cyberattacks on U.S. and EU organizations. "The payment processor found that the PAX terminals were being used both as a malware ‘dropper’ — a repository for malicious files — and as ‘command-and-control’ locations for staging attacks and collecting information," the cybersecurity news site said.

Servistree Merchant Services, a registered ISO/MSP of Elavon, Inc. Georgia, a wholly owned subsidiary of U.S. Bancorp, Minneapolis, MN. is offering to assist any business affected.

Servistree will replace any PAX hardware free of charge and include 100K worth of data breach protection. They make the transition to their service fast, easy and without any contracts or cancellation fees and most importantly your customers card data will be safe from hackers. Learn more here or call or text 866-944-3244

Client Spotlight: A Vital Link Medical Alert Systems

2021-10-24

Vital-Link is the longest continuously run, family-owned, and operated Medical Alert company in the country, since 1981. Vital-Link is dedicated to providing senior citizens, those physically challenged, those recovering from surgery or accidents, and people living alone with the reassurance of knowing that help is just a push of a button away.

Vital-Link chose Servistree Merchant Services to help improve the safety and security of their client’s credit card data. Seniors are a prime target for fraudsters when it comes to payment card data theft. It is a priority at Vital-Link that they make sure their client’s credit card data is stored in the most secure method possible. They rely on Servistree to make sure they remain secure and PCI-DSS compliant using Servistree Merchant Services for all their payment processing needs.

To learn more about Vital-Link Medical Alert Systems call 800-338-4825 or check out their Florida medical alert systems today.

About Servistree

Servistree Merchant Services is a leader and innovator in the payment processing and financial services industry. The company is based out of Ft. Lauderdale, Florida, and has been in business since 2009.

Servistree was founded by Adam Weizer. The company services business in any sector and industry with a specialized focus on private pay medical businesses such as Veterinary, Dental, Plastic Surgery, and Business to Business credit card processing systems.

The purpose and mission of the company are to be of service when their clients need them most. Servistree provides a variety of business services with one point of contact allowing them to achieve the highest level of service and customer satisfaction throughout the credit card processing industry.

The company provides systems that allow its clients to automatically solicit customer feedback at the point of payment. They help business owners reduce their costs to process payments, generate reviews, and speed up collection methods with digital invoices. Servistree gets you paid easier and faster at the most competitive rates.

For more information about Servistree and their merchant service solutions call or text 866-944-3244 or contact them today.

Servistree Merchant Services Debuts Smart Payment System At Florida Veterinary Medical Association - FVMA 92nd Annual Conference In Orlando

2021-05-10

Servistree Merchant Services a leading provider of financial technology to small businesses with offices in Ft. Lauderdale and Miami.

Servistree Merchant Services Introduces Fee-SHIFT, Allowing Merchants a Legal and Compliant Way To Reduce And Control Credit Card Processing Costs

2021-04-15

Fort Lauderdale – (Florida April 15, 2021) – On this Tax Day Servistree Merchant Services gives business owners a reason to celebrate. As an innovator and leader in the payment processing industry, we are excited to announce our NEW service Fee-SHIFT. This new credit card processing software allows businesses of all types to shift the cost of credit card acceptance to their customers effectively eliminating credit card processing fees.

Fee Shift software makes the cost of interchange and discount fees practically free for merchants. It provides a payment solution that combats the high fees usually associated with credit card processing allowing business owners to keep more profit on each transaction.

This new surcharge software makes the cost of credit card acceptance mostly free for merchants. Instead, cardholders are asked to pay a surcharge or convenience fee automatically during a credit card transaction. If the cardholder chooses to instead use a debit card, the merchant will be charged a flat rate of just 1%+$0.25 per transaction. The terminal will clearly display the total surcharge to be charged, and the cardholder will see the final total detailed on their receipt.

This program is not currently legal in 6 states: Colorado, Connecticut, Kansas, Maine, Massachusetts, Oklahoma.

About Servistree

Servistree.com was founded in 2009 in Fort Lauderdale, Fla., and provides business solutions to help increase sales as well as cost-cutting programs to improve profits. Servistree.com develops innovative products and services designed to produce proven results for any sized business.

For more information about Servistree.com and the Fee-SHIFT solution call or text 866-944-3244 or click the button below for more details.

Zero-Fee Credit Card Processing

B2B and B2G Payments: Easily Save on Interchange Fees

2020-07-07

Many businesses that service the B2B and B2G clients are leaving money on the table and don’t realize it. The fees from credit card processing are a part of doing business, but most businesses are unaware that card brand programs do exist to help reduce these fees. A common misconception is that the payment processor’s mark-ups are the only place to save on fees. The more significant savings potential is actually in the interchange – do not assume you cannot influence and reduce these costs! Interchange is essentially the hard cost of payment card acceptance. Interchange fees are those collected for the card-issuing bank and cover the operational costs and risk associated with issuing credit cards. Payment processors charge merchants a mark-up on top of interchange, which covers their operational cost and risk associated with processing electronic payments.

There are over 300 levels of interchange with rates ranging from as low as .05% to as high as 3.25%. What determines the cost of interchange is based on many factors, including benefits given to the cardholder and perceived risk. While each interchange level might have static costs pre-determined by the card brands (Visa/MasterCard), many transactions are eligible to qualify at lower-cost tiers.

By optimizing interchange qualifications, transactions can land at the lowest possible interchange rates. Servistree Merchant Services in Ft. Lauderdale Florida https://www.servistree.com offers an automated Commercial Card Optimization system that automatically collects the additional data to reduce the risk associated with each transaction. Most merchants collect Level I data, which includes the minimum information required to authorize and process a payment transaction. Collecting less data increases the risk for fraud, which is why Level I data carries the higher fees.
Level II and Level III transactions are enhanced data capture levels that provide more in depth information, usable by the card brands and their issuers. The additional information has value to the card networks, their issuers and the merchant customer and could qualify the merchant for reduced interchange fees if the enhanced data is presented with the transaction authorization.

Servistree’s Commercial Card Interchange Optimization For B2B and B2G Payment Processing

Providing Level II and Level III data points can be a challenge for businesses for a variety of reasons:

Businesses may not reliably collect the required information from their customers
Lack a solution that can transmit the data in the required format
Their current payment processor is not certified to process Level II and Level III data
Servistree Merchant Services provides a proprietary Level II and Level III data enrichment program that automatically populates all of the data for the merchant with no up-front cost to the merchant. https://www.servistree.com/industries/business-to-business-merchant-account

About Servistree

Since 2009, Servistree has been a leader in payment processing, leveraging the world’s best technologies for our customers all across the United States to locally-owned small businesses. We extend powerful payment solutions for all payment types and credit card processing environments, ensuring that your business is well-connected and secure. If you have questions about B2B Credit Card Processing or to learn more about our services call us anytime at 866-944-3244