Grow Business Membership Numbers by Offering Trusted Merchant Services
October 8, 2019
Credit unions know that their business members’ needs are unique, and while many credit unions offer great products and customer service for these members, chances are, they’re missing an opportunity to help the business members they serve.
In today’s world, business owners must have the ability to accept credit card payments; however, large corporate banks that process those payments charge some of the highest fees in the industry, and offer little to no customer service. Small business owners can become frustrated and may look for alternatives, which can open a door for credit unions that are ready and able to help.
By offering merchant services, such as payment processing, point-of-sale systems, and eCommerce solutions offered by Gravity Payments, credit unions create trusted partnerships with their business members and, potentially, other local businesses.
As a Strategic Link partner, Gravity Payments helps Northwest credit unions’ business members accept payments in a variety of ways: in-store, online, via mobile devices, through a POS system, or through invoicing. Gravity Payments has built its business on being transparent, trustworthy, and accessible.
Beyond helping credit unions offer merchant services, Gravity Payments provides credit unions a number of additional benefits, including:
- Facilitating cash advances at no charge to the credit union for advances in-branch or via ATMs
- Initiating an online portal to accept loan payments through a credit union website or over the phone
- Providing for unique member needs by creating a customized pricing and processing solution
- Providing an in-house team of experts that’s available 24/7
Strategic Resources Vice President Jason Smith knows the value of trusted partnerships for NWCUA member credit unions.
“Gravity Payments is an important resource for merchant services as they understand the unique needs of credit unions’ business members. We’re happy to have them join us at MAXX, where they will provide credit unions with information on proven solutions,” said Jason Smith, Northwest Credit Union Association VP of Strategic Services.
Editor’s Note: Gravity Payments will attend the MAXX 2019 this year in Don’t miss the chance to meet with them face-to-face and hear about their services. Register today! Learn more about Gravity Payments by visiting them online. Those who stop by their booth may have an opportunity to win a glassybaby product, which are handmade and support those battling cancer.