Features Overview
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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!
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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.
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Professional Sales Representative
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Easy to Use Terminal / Software
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Easy to Read / Reconcile Merchant Statement
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Offered a Competitive Rate with no hiddne fees
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Receives dailey deposits in a timely manner
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Customer & Technical Service
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Able to Balance Daily Reports
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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.
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Enrollment :
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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.
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Pricing Overview
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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 |
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Background
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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.
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Vendor Privacy Policy / Equotz Disclaimer
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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.
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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.
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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! |
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