About Us Our Clients FAQ Contact us Announcements/Press Release Sitemap Help Logout Suspend
 
Welcome! |
  
Features Overview

With rising interchange rates, increased sales & marketing expenses, and eroding profit margins it has become necessary to look towards alternative means to generate affordable lead generation opportunities. eQuotz® was designed specifically for the Merchant Sales Representative who is being squeezed out of the Merchant Market Place. eQuotz® is an On-Line Auction Service for Business to Business Transactions. Our Primary Product enables Merchants of any size to obtain FREE Merchant Processing Quotes for Visa & MasterCard Processing Services. You Pay only when you sign the merchant up!

The Primary Feature of eQuotz® is it enables you to Actively Solicit Merchants without ever leaving your offices. Additionally, you do not pay to "Bid". You have a flat monthly and annual fee and a sliding scale fee for each merchant that you sign up for Merchant Processing Services. Thereby, you reduce your marketing and sales expense while increasing your revenues.

The Secondary Feature of eQuotz® is that the Merchant can print out a Standardized Proposal and can make a one to one comparison. View Merchant Proposal.

The Third Feature of eQuotz® is that it will show the Merchant approximately how much money they will spend on a monthly basis for their Merchant Processing.

The Fourth Feature of eQuotz® allows Merchants to Provide "Feedback" on you (See Below). Based on your overall Pricing and Feedback Score will determine your Overall Bid Ranking for each Merchant that you Bid on.

  • Professional Sales Representative
  • Easy to Use Terminal / Software
  • Easy to Read / Reconcile Merchant Statement
  • Offered a Competitive Rate with no hiddne fees
  • Receives dailey deposits in a timely manner
  • Customer & Technical Service
  • Able to Balance Daily Reports
  • System Uptime & Reliability

The Fifth Feature is a Macro Pricing Model which enables you to view Fifteen Interchange Categories: Retail (Face to Face), Restaurant, Small Ticket < $15.00 (Taxi - Fast Food), CPS Supermarkets, Hotel (TIPS / CPS Hotel), Hotel (Merit I / CPS Hotel), Mail Order, E-Commerce Internet, Service Ind. / Dev. Mkts (Utilities, Insurance), Express / Convenience. EPS /QPS (Fast Food, Parking, Theater), Dev. Mkt / Public Sect. (Courts, Fines, Taxes), Dev. Mkt / Merit III (Schools / University / Colleges), CPS Automated Fuel, CPS Service Stations. From this Model you can enter just a few fields of information to determine your breakeven Rate based on any of the above Interchange categories. Your Monthly Net Revenue and the Merchant's monthly Savings. Furthermore, the model is designed so that you can quote a Bundled Rate or an Interchange Pass Through Rate.

The Sixth Feature is a Micro Pricing Model which enables you to enter your processing expenses, your quoted expenses to the merchant and then view the results. (Monthly revenues, Spreads, Processor Revenues) The Model is only as accurate as the information you put into it. There are approximately 50 different fields that can be loaded. Once you sign up with eQuotz®, the 50 fields of data will automatically populate when you enter the Micro Model based on the information you enter initially on the Template Subscriber Form. Additionally, the Micro Model enables you to compare an Interchange Plus to a Buy Rate Program or a Buy Rate Program with an 80% revenue share to a flat Buy Rate Program. There are many different scenarios that you can use to evaluate which Bank or Processor will provide you with the best possible economic opportunity. fields of data will automatically populate when you enter the Micro Model based on the information you enter initially on the Template Subscriber Form. Additionally, the Micro Model enables you to compare an Interchange Plus to a Buy Rate Program or a Buy Rate Program with an 80% revenue share to a flat Buy Rate Program. There are many different scenarios that you can use to evaluate which Bank or Processor will provide you with the best possible economic opportunity.

The Seventh Feature is a Statement Analysis Model which enables you to enter the Merchants current Processor's Merchant Statment and then you can enter your pricing for each of the current billing elements. The model will automatically reflect the savings in dollars terms and percentages. The model allows you to print out the analysis so that you can present it to the Merchant. The Eighth Feature allows you to take advantage of the steeply Discounted Equipment Prices and the aggressive Leasing Program that eQuotz® has put together with two of the top players in the country. Both of these Programs are available to any Sales Representative who signs up with eQuotz®.

The Eighth Feature allows you to take advantage of the steeply Discounted Equipment Prices and the aggressive Leasing Program that eQuotz has put together with two of the top players in the country. Both of these Programs are available to any Sales Representative who signs up with eQuotz®.

The Ninth Feature allows you to take advantage of a Portfolio Acquisition Model to help you determine how much your portfolio is worth or how much you would spend to acquire a merchant portfolio.

Enrollment :

Step One: - Complete the Subscriber Application. Sections Include: Sales Representative Background, Billing, Visa & MasterCard Sponsoring Information, Company Background, Merchant Processing Demographics, Auction Options, Your Processing Fees, Your Standard Merchant Fee Mark Up, and Features and Benefits. View Subscriber Application

Step Two: - Log on to eQuotz® and go to the "Subscriber Open Bidding Summary". From this screen you have the ability to submit quotes to hundreds of merchants. View Subscriber Open Bidding Summary. During the open Auction, the merchant nor you has access to the either's Contact information.

Step Three: - Select any of the merchants that you wish to submit a bid to. You can monitor your Bid Ranking by simply Refreshing the Subscriber Open Bidding Summary Screen. After the Auction has closed, The merchant will select the Top five to ten bidders. At which time (If you are selected as a top bidder) you and the Merchant will then have access to each others Contact Information.

Step Four: - Review the "Subscriber Pending Bidding Summary" This report allows you the ability to see if you have been selected as a Top Bidder by the Merchant. If so, you will need to contact the merchant and close the sale.

Step Five: - After you have closed the Sale, you will need notify eQuotz® that you have been awarded the Credit Card Processing Business for the Merchant. This last step helps insure accurate and timely billing but also allows eQuotz® to notify other Sales Representatives that the Merchant has made a decision. Therefore the Sales Representative can move on to other opportunities and not waste their time on a lost opportunity.

Step Six: - On a monthly basis you will receive an e-mail notification from eQuotz® notifying you that your account will be debited for $00.00. Please Log on to eQuotz® to review your Subscriber Summary Billing Report to insure the accuracy of the report. View Subscriber Summary Billing Report or View Subscriber Detail Billing Report.

Pricing Overview

  
Premium Subscriber Package - 1 UserInitiation Fee (Premium Subscriber Package)  $149 per User
Re-Open of Closed  Subscriber Account $149 Per User
Annual Fee (Premium Subscriber Package) $149 Per User
Monthly Fee - Premium Subscriber Package - Includes All Services - 1 Subscriber $59.50 per Subscriber
Merchant Signed with Less than $96,000 in Annual (Visa, MC, Amex, Discover) Volume (30% Discount - Notification From Sales Rep within 3 Business Days) $75.00 Per Occurrence
Merchant Signed with  $96,001 - $600,000 in Annual (Visa, MC, Amex, Discover) Volume (30% Discount - Notification From Sales Rep within 3 Business Days) $150.00 Per Occurrence
Merchant Signed with  $600,001 - $5,000,000 in Annual (Visa, MC, Amex, Discover) Volume (30% Discount - Notification From Sales Rep in 3 Business Days) $660.00 Per Occurrence
Merchant Signed with  $5,000,001 - $20,000,000 in Annual (Visa, MC, Amex, Discover) Volume (30% Discount - Notification From Sales Rep within 3 Business Days) $1,800.00 Per Occurrence
Merchant Signed with  $20,000,001 and Greater Annual (Visa, MC, Amex, Discover) Volume (30% Discount - Notification From Sales Rep within 3 Business Days) Volume $2,400.00 Per Occurrence
ACH Reject or Returned Check (Account closed After Three ACH Rejects in a One Month Period) $35.00 Per Occurrence

Background

EQuotz is On-Line Auction Service for Business to Business Transactions. Our Flag Ship Product enables Merchants of any size to obtain FREE Merchant Processing Quotes for Visa & MasterCard Services. Equotz is a privately owned closely held Limited Liability Company.

Vendor Privacy Policy / Equotz Disclaimer

Notice to users of the Equotz service: Equotz, its owners, employees, officers and directors are not responsible or liable for the services provided as a part of this website. The Website is to bring together merchants and acquirers for prospective business arrangements. Accordingly, Equotz is not responsible for the information related to any merchant or acquirer, for any quotes or subsequent pricing or for the quality of any services provided by any subscriber or user of the Equotz website, either merchant or acquirer. Use of this site constitutes the agreement of the user to deal with the acquirer and to hold Eqoutz, its officers, directors and employees harmless from any claims of any nature whatsoever.

eQuotz® Disclaimer
Notice to users of the eQuotz® service: eQuotz®, its owners, employees, officers and directors are not responsible or liable for the services provided as a part of this website. The Website is to bring together merchants and acquirers for prospective business arrangements. Accordingly, eQuotz® is not responsible for the information related to any merchant or acquirer, for any quotes or subsequent pricing or for the quality of any services provided by any subscriber or user of the eQuotz® website, either merchant or acquirer. Use of this site constitutes the agreement of the user to deal with the acquirer and to hold Eqoutz, its officers, directors and employees harmless from any claims of any nature whatsoever.
Thank You
We certainly appreciate you taking the time to visit and use the eQuotz® product. We are confident this experience will save you money and improve the quality of your merchant account processing. If you agree with us, we would be very grateful if you would pass along the eQuotz® name as a referral to one of your business associates. However, if you feel that we did not completely meet your expectation, we want to hear about it help@equotz.com. Again, thank you for Your business!