EnablePay Lowers Merchant Fees

Increasingly, merchants are looking for smart ways to reduce spending in an uncertain economic climate. High credit card and debit card processing fees have until recently been standard operating fare, but these fees are under increasing examination as a result of increased transparency in industry rates. This made room in 2007 for a new company to enter the game, EnablePay. EnablePay is new but the group behind the scenes are veterans of the payment card and financial industry. EnablePay’s intent is to help retailers and other merchants hold on to more of their profits.
EnablePay achieves their goal by servicing its merchants directly, rather than relying on independent sales agents. A direct relationship with one of the largest processing companies and an efficient infrastructure are further key factors in this venture. EnablePay is able to charge one low fixed fee and pass on other expenses at actual cost. Merchants who want reduced costs and better customer service are invited to contact EnablePay at 1-866-509-1322 or to visit http://www.EnablePay.com and to send in their most recent merchant services statement for analysis so they can compare and see exactly what type of savings EnablePay will provide.

EXECUTIVE VISION
EnablePay was founded in mid 2007 by Stephen Erickson and Patrick Creaven. The executive team is rounded out with Chris Dengler, Jeffrey D. De Petro, and Trent Williams. These executives have all held senior management roles in finance, sales and customer service.
Erickson is a CPA and holds an MBA from NYU’s Stern School of Business, as well as Bachelors and Masters degrees in accounting from the University of Illinois at Champaign/Urbana. In the past he has held positions including being the Chief Financial Officer at credit card processing company EVO, and executive level positions at Coopers & Lybrand, Goldman Sachs and Bear Stearns.
Erickson had a vision to develop a company that could provide a superior level of customer service for merchants that eliminated the middleman. Erickson’s vision was achieved when he developed a new approach to card processing services that makes card processing services directly available to merchants. EnablePay is the manifestation of Erickson’s plan, and he has concentrated his financial skills and experience into reconstructing the merchant services card processing business model.

ASSETS
From the time of kickoff, EnablePay has invested significantly in its internal systems to maximize productivity and provide exemplary service to its merchants. The company will be providing round-the-clock customer service and technical support from its headquarters in Melville, NY. A second sales center in Fishers, IN will also provide support. EnablePay is a registered ISO/MSP for HSBC Bank USA, National Association.

ADVANTAGES TO MERCHANTS
EnablePay offers these advantages to merchants:

• Fixed monthly management fee – No surcharges, batch fees, statement fees, or inflated per transaction fees. Based on the merchant’s credit, average ticket size, monthly volume and industry type, EnablePay charges only one fixed, monthly management fee during the entire term of the contract and passes through to the merchant the actual costs of Interchange.
• Live 24/7 technical support – As many merchant service calls pertain to issues with credit card processing terminals, EnablePay guarantees that it will resolve any terminal issue within 24 hours or it will replace the terminal immediately at no cost.
• EnablePay’s service guarantee – Merchants can move on to another service provider without penalties or cancelation fees if EnablePay doesn’t provide the optimum credit card transaction pricing and top-notch services.

Erickson asserts that “EnablePay is revolutionizing the model of transaction processing to make it work for the merchant’s benefit. We’re confident that we can meet the demands of smart merchants and offer them access to electronic payments processing at cost along with top tier service for a flat management rate without nickel and diming them on surcharges.”