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| With summer rapidly approaching, it may be tempting to think about the beach and campfires. Before you do that, we’ve got a few updates and features to share with you. |
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New Beneficial Ownership Rule
As of May 11, the Department of Treasury imposed new rules for banks and processors regarding merchant accounts. Click here to learn more. |
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New Features with the Newtek Gateway
The Newtek Gateway has added Captcha verification to protect merchants from fraudulent payments. This added level of security should make our payment gateway an even better choice. |
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New Features with the Newtek Gateway™
The Newtek Gateway™ has added Captcha verification to protect merchants from fraudulent payments. This added level of security should make our payment gateway an even better choice. |
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Customize the Clover Device
Apps aren’t just for phones anymore. The Clover App Market allows merchants to customize their Clover device to suit the unique needs of their business. When discussing the Clover line of products Newtek offers, don’t forget to mention this great benefit. |
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| General Reminders |
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AMEX Opt Blue™ Activation Opportunity – When a merchant processes $15 in AMEX transactions by July 15th they will receive a $100 statement credit. All applicable merchants have been notified via statement message and will receive a call from customer service. To check merchant’s eligibility please contact your Relationship Manager. |
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Product and Services Training Overview – If you would like a refresher on the latest Product and Service offerings with Newtek Merchant Solutions, please contact Ericka Davis at edavis@newtekone.com to schedule an overview training session. |
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TLS 1.2 Websites – Whether your client has POS software or a website that’s processing payments through a payment gateway, they need to make sure their web hosting/website/POS software is TLS 1.2 to be able to process credit card transactions after June 30th, 2018. |
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New Equipment Pricing Schedule Released – Newtek released a revised equipment pricing schedule in May 2018. Please contact your Relationship Manager if you did not receive an email. |
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Newtek Merchant Solutions
1981 Marcus Ave. Suite 130
Lake Success, NY 11042
www.newtekone.com
Newtek Merchant Solutions (“NMS”) is a premier provider of electronic payment processing solutions. NMS is a subsidiary of Newtek Business Services Corp., a publicly held company. NASDAQ: NEWT |
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