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Merchant Services
Credit Card Services & Equipment
If you're not accepting credit cards you missed out on 10 billion purchases last year.
Live Oak Commerce will create a customized electronic point-of-sale credit card solution for you to ensure increased market share and full revenue potential. Credit card acceptance will enable you to capture sales you may otherwise lose to competitors because of limited payment options. And, your customers will enjoy having more buying power to take advantage of larger purchases they otherwise might not be able to make if credit cards aren't accepted.As a client of Live Oak Commerce, you will benefit from quality service, simple operating procedures and the most aggressive credit card pricing in the industry. With Live Oak Commerce you will enjoy the benefits of:
Quality Customer Service
Data capture support for authorizations, balancing, settlement, etc. and service for P.O.S. terminals and PCs are available 24 hours a day, 365 days a year.Timely Availability of Funds
Funds are available for use the next business day after the date of transaction.Management Reporting
Daily sales data by card type is available by location or by company in summary form or with transaction detail. This information can be accessed on-line the next day via PC, or you can receive it on microfiche or paper.Operating Supplies
All sales drafts, printer paper and ribbons, decals and other supplies are provided FREE. Shipping charges are all that is required.Live Oak Commerce offers a wide array of customized electronic point-of-sale credit card solutions to help you gain a competitive edge. We work hard to understand your business so we can design a custom solution just for you. Live Oak Commerce has the technology you will need to ensure profitability and continued growth of your business.
Below are a few statistics on the credit card industry that might help you decide whether card acceptance is right for you.
- 82% of American Express card members and 79% of Visa and MasterCard card holders agree that regardless of the nature of the business, merchants should offer customers as wide an array of payment vehicles as possible.
- $1.013 trillion dollars were spent using Visa and MasterCard in the United States for 2001.
- 10.33 billion transactions were processed using Visa and MasterCard in the United States for 2001.
- 90% of all Internet Sales are made on credit cards.
* Statistics from The Nilson Report, issue 772
