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Press Release


September 9, 2013
MIDsource Launches MIDpay Gateway...

CALIFORNIA- September 9, 2013

MIDsource is pleased to announce the MIDpay Gateway is now available for all e-commerce merchants looking for secure online credit card processing and transaction management. “We are very pleased to offer MIDpay to our merchants. MIDpay will provide top of the line Gateway Services with the pricing flexibility that our e-commerce merchants are looking for.” says Greg Augustine, CEO of MIDsource.

(www.gomidsource.com)



MIDpay offers:
1. Virtual Terminals
2. Recurring Billing
3. Fraud Detection
4. 3rd Party Shopping Cart Support
5. Concise & Easy to Read APIs
6. PCI-DSS Compliant
7. & Much More

MIDsource offers High Risk Merchant Accounts, Gateways, and Virtual Terminals for a wide range of industries. With an extensive network and banking relationships domestically and internationally, we pride ourselves in our ability to obtain direct merchant accounts and processing solutions for merchants worldwide.

MIDsource
www.gomidsource.com
P-(866) 713 MIDS (6437)
F-(805) 465-6305
Skype: midsource1




August 28, 2013
High Risk Merchant Account...What You Must Know In 2013.

CALIFORNIA- August 28, 2013

Right when you think you understand credit card processing and have the perfect merchant account for your business, you get the call that you have been shut off...Consider yourself lucky, many merchants don’t even get the courtesy of a phone call. Merchants are processing transactions one day and then wake the next to find that they have no processing options. This is happening more and more and it’s going to get worse before it gets better...

The obvious question being asked by merchants is: Why is this happening?

Patrick Daly, Vice President, MIDsource has the answer. “There are several reasons why this is happening; however it boils down to risk vs. reward for banks and processors. If the profit has been stripped from an account, it makes no sense to keep the accounts on the books. Processors are reviewing their portfolios and eliminating many restricted classes and less profitable accounts.” Mr. Daly goes on to say, “We have seen countless high risk merchants priced slightly above interchange lately. Many of these same merchants are now scrambling for a new merchant account.”

Moving forward in 2013 after the closure of thousands of high risk merchant accounts, it would behoove merchants, especially those in the e-commerce space, to understand the following:

1. If you have a high risk merchant account, don’t look for retail pricing. Selling products online and selling slices of pizza in the food court are two different worlds and should be priced accordingly. Pay (but don’t over pay) the proper amount based on the risk associated with your account. The account will thrive and your processing partners will love your business.

2. Provide good customer service. Your business will grow and charge-backs will be minimized. charge-backs will kill your processing history and make it difficult to obtain other merchant processing accounts in the future.

3. Work with groups like MIDsource that have multiple processing solutions and have the risk and underwriting expertise to find the best merchant account for your business. Have the right industry professionals on your side.

MIDsource offers high risk merchant accounts for a wide range of industries. With an extensive network and banking relationships domestically and internationally, we pride ourselves in our ability to obtain direct merchant accounts and processing solutions for merchants worldwide.




August 5, 2013
Accept VISA, MasterCard, Discover and American Express with MIDsource.

CALIFORNIA- August 5th, 2013- Whether you are a low risk, retail, brick and mortar business or an online merchant with chargeback issues, MIDsource has the merchant processing account to fit your needs…and at affordable rates. MIDsource will also provide gateway solutions for safe, secure, and PCI compliant processing. At MIDsource, we and our extensive network of partner banks understand the real needs and challenges that merchants face day to day. So call today and a MIDsource professional account executive will work with you to find the best payment processing solution for your business.

MATCHED? OK. TMF? OK.

MIDsource offers domestic processing options for a wide range of industries and we pride ourselves in our ability to obtain new merchant accounts.

For years, the dedicated professionals at MIDsource have leveraged deep relationships and industry knowledge to keep our clients up and processing. MIDsource is committed to providing merchant accounts to merchants in any industry. Whether you manage a start-up e-commerce website, a large nonprofit organization, or the restaurant around the corner...MIDsource has the solution and can provide you with the proper merchant account. No matter what your business needs, we have the right merchant credit card processing solution for you.

Open a merchant services account, accept credit card payments & get great rates with MIDsource




May 22, 2013
MIDsource launches MIDsaver...

CALIFORNIA- May 22, 2013- MIDsource is pleased to announce the launch of MIDsaver, a product designed to reduce chargebacks, strengthen branding and promote online sales. “Online businesses, especially those operating with a continuity model, spend a fortune to acquire customers and most are faced with the challenge of keeping their customer in their product, accepting future shipments, and avoiding chargebacks” says Greg Augustine, CEO of MIDsource. (www.gomidsource.com). He goes on to say, “We designed MIDsaver for the benefit of E-commerce and continuity merchants. The MIDsaver platform on your custom app will allow your customers to communicate account changes directly through the app to your customer service department. This revolutionary flexibility coupled with the marketing power of your custom app will not only build sales but reduce the likelihood of costly chargebacks.” MIDsaver provides the following functionality:

  1. Advertise and Promote Your Business
  2. Create Loyalty and Build Branding
  3. Enhance Customer Interaction
  4. Promote Cross Sale Opportunities and Allow for New Advertising Revenue Streams
  5. Positively Enhance Public Perception
  6. Perhaps the MOST important- Lower the Likelihood of Chargebacks

Businesses that have a trial offer, negative option, continuity, or even a membership model stand to benefit the most from MIDsaver because these merchants are constantly working the hardest with chargeback mitigation and load balancing to stay under Visa and Master Card chargeback thresholds.




April 15, 2013
MIDsource launches MIDsaver...

CALIFORNIA- April 15, 2013- MIDsource is pleased to announce the launch of MIDsaver, a product designed by business owners for business owners. MIDsaver is a multi-functional product originally designed for businesses that sell products to consumers online; but it has since proven to bring value to just about every business type. “Online businesses, especially those operating with a continuity model, spend a fortune to acquire customers and most are faced with the challenge of keeping their customer in their product, accepting future shipments, and avoiding chargebacks” says Greg Augustine, CEO of MIDsource. (www.gomidsource.com). He goes on to say, “We are so proud of this product and believe that it may just be the missing piece of the longevity puzzle for businesses worldwide.”

MIDsaver provides the following functionality:

  1. Advertise and Promote Your Business
  2. Create Loyalty
  3. Build Branding
  4. Enhance Customer Interaction
  5. Promote Cross Sale Opportunities
  6. Allow for Advertising Revenue Streams
  7. Positively Enhance Public Perception
  8. Perhaps the MOST important- Lower the Likelihood of Chargebacks

MIDsaver is able to accomplish all of this through one cost effective product. Businesses that have a trial offer and or continuity stand to benefit the most from MIDsaver because these merchants are constantly working the hardest with chargeback mitigation and load balancing to stay under Visa and Master Card thresholds.

Contact MIDsource today to learn more about MIDsaver.




March 15, 2013
Finding the Best Partner for Online Payment Solutions...

CALIFORNIA- March 15, 2013- Finding the best Online Payment Solutions partner can be a difficult task for many E-Commerce merchants. “If you have a legitimate online business your processing partner should be able to offer multiple solutions” according to Greg Augustine, the President and CEO of MIDsource (www.gomidsource.com).

MIDsource has multiple solutions for nutraceutical sales, online pharmaceutical sales, biz-op, education, entertainment, continuity, trial, just about any industry.

“We have provided merchant accounts within 24 hours for some of our clients. It really doesn’t have to be a painful process for legitimate online merchants to find Online Payment Solutions.” He went on to say, “It’s a simple matter of having the right industry professionals on your side”.

MIDsource offers Online Payment Solutions for a wide range of industries. With an extensive network and banking relationships domestically and internationally, we pride ourselves in our ability to obtain direct merchant accounts (MIDS) and aggregation accounts for merchants seeking Online Payment Solutions.




March 19, 2013
Offshore Credit Card Processing...

CALIFORNIA- March 19, 2013- MIDsource offers offshore credit card processing accounts for a wide range of industries. With our extensive network and banking relationships, we pride ourselves in our ability to obtain offshore credit card processing accounts and aggregation solutions for merchants worldwide. Market conditions, regulations, and banking appetites change on a regular basis but navigating these obstacles is made easy with MIDsource on your side. For years, the dedicated professionals at MIDsource have leveraged deep relationships and industry knowledge to keep our clients up and processing.

If you are looking for an offshore credit card processing account you need a foreign entity. Don’t have a foreign entity? No problem. Through our extensive offshore network MIDsource is a leading provider of European Union and international corporate entities.

Finding the best offshore credit card processing partner can be a difficult task for many merchants. “If you have a legitimate online business with decent financials your processing partner should be able to offer multiple offshore credit card processing solutions” according to Greg Augustine, the President and CEO of MIDsource. Contact a MIDsource representative today or simply visit our website at www.gomidsource.com.




March 15, 2013
Finding the Best Partner for Online Payment Solutions...

CALIFORNIA- March 15, 2013- Finding the best Online Payment Solutions partner can be a difficult task for many E-Commerce merchants. “If you have a legitimate online business your processing partner should be able to offer multiple solutions” according to Greg Augustine, the President and CEO of MIDsource (www.gomidsource.com).

MIDsource has multiple solutions for nutraceutical sales, online pharmaceutical sales, biz-op, education, entertainment, continuity, trial, just about any industry.

“We have provided merchant accounts within 24 hours for some of our clients. It really doesn’t have to be a painful process for legitimate online merchants to find Online Payment Solutions.” He went on to say, “It’s a simple matter of having the right industry professionals on your side”.

MIDsource offers Online Payment Solutions for a wide range of industries. With an extensive network and banking relationships domestically and internationally, we pride ourselves in our ability to obtain direct merchant accounts (MIDS) and aggregation accounts for merchants seeking Online Payment Solutions.




February 25, 2013
Safe, Reliable Online Payment Solutions Still Exist...

CALIFORNIA- February 25, 2013- For some businesses finding Online Payment Solutions is as futile as the search for Bigfoot in the Pacific Northwest or Nessie the Loch Ness Monster.

Greg Augustine, the President and CEO of MIDsource (www.gomidsource.com) commented, “It really doesn’t have to be this difficult and frustrating for online merchants to find Online Payment Solutions.” He went on to say, “It’s a simple matter of having the right industry professionals on your side”.

MIDsource offers Online Payment Solutions for a wide range of industries. With an extensive network and banking relationships domestically and internationally, we pride ourselves in our ability to obtain direct merchant accounts (MIDS) and aggregation accounts for merchants seeking Online Payment Solutions.

Augustine also commented, “We not only value our banking relationships but our relationships with our merchants as well. It is these valuable banking relationships that give us the ability to provide Online Payment Solutions for merchants when others have failed.”

Market conditions, regulations, and banking appetites change on a regular basis. Make sure that your processing partner can help you navigate these hurdles and provide you with safe, reliable Online Payment Solutions.”

The dedicated professionals at MIDsource have leveraged deep relationships and industry knowledge to keep our clients in business and processing.




February 1, 2013
New High Risk Processing Solutions Now Available

CALIFORNIA- February 1, 2013- Greg Augustine, the President and CEO of MIDsource (www.gomidsource.com) announces additional capacity for the following business classes:

• Dating Services • Diet Programs
• Discount Buying Clubs/Home Shopping Clubs
• Financial Aid/Counseling for Schools/Student Loans/Scholarship Search Services
• Financial Consultants
• Gambling Advice/Sports Forecasting or Odds Making (audio or video text require Visa registration)**
• General Agents/Brokers
• How To Books, Newsletters, Subscriptions, On-line, etc.
• Investment Programs/ Business Opportunities/Seminars
• Magazine, Newspaper, Newsletter Subscription Services
• Negative renewal option following a free or low cost purchase (including but not limited to payment for shipping only model, free or discounted trial periods, etc.)
• Payment Facilitators/Internet Payment Service Providers (additional restrictions apply – see Credit Policy Matrix)
• Pseudo-Pharmaceuticals/Nutraceuticals/Herbal Remedies (No Negative Renewal Options which are unqualified)
• Real Estate Agents/Brokers Engaged in Vacation, Beach or Ski Home Rentals.
• Telephone Prepaid Cards
• Timeshare
• Timeshare Advertising Services
• Travel Agents/Tour Operators
• Travel Clubs
• Vitamins/Herbal Remedies (Via Internet, MOTO)

Augustine commented, “Plenty of businesses out there are struggling right now to keep their merchant accounts live. We are pleased to announce that we will have additional capacity for these high risk merchant classes.” MIDsource has dozens of banking relationships worldwide that offer streamlined multi-currency solutions for international e-commerce merchants. MIDsource can provide international high risk processing accounts, domestic high risk processing accounts, multiple gateway options, and charge-back mitigation programs. The dedicated professionals at MIDsource have leveraged deep relationships and industry knowledge to keep our clients in business and processing.




January 17, 2013
High Risk Merchant Processing Accounts- Success through Full Disclosure...

CALIFORNIA- January 17, 2013- A merchant faces multiple challenges when their business is categorized as “High Risk”. It has become increasingly difficult for merchants to establish and maintain a HIGH RISK CREDIT CARD PROCESSING ACCOUNT. Market Conditions, banking appetites and the overall aversion to risk has really changed the landscape with regard to HIGH RISK MERCHANT PROCESSING. In spite of this restrictive marketplace, the team at MIDsource has succeeded in finding domestic and international processing solutions for some of the toughest to place business classes worldwide.

Patrick Daly, the Vice President of MIDsource (www.gomidsource.com) commented, “For us, success in the high risk processing space centers around one simple thing…Disclosure... There is a high probability that MIDsource will be able to offer you a merchant account. We simply need a clear picture of the business and financial support first, so we can devise the best direction and plan for the merchant.”

Daly goes on to say, “Every merchant’s goal is the same, and that is to obtain reliable credit card processing solutions and to continue processing without interruption. We share the same goal at MIDsource; and with disclosure comes success and with success a long term relationship is forged.”

MIDsource has dozens of banking relationships worldwide that offer streamlined multi-currency solutions for international e-commerce merchants. MIDsource can provide international high risk processing accounts, domestic high risk processing accounts, multiple gateway options, and charge-back mitigation programs. The dedicated professionals at MIDsource have leveraged deep relationships and industry knowledge to keep our clients in business and processing.




January 11, 2013
High Risk Merchant Processing Accounts- Risk Averse or Simple Change of Appetite...

CALIFORNIA- January 11, 2013- Market Conditions and banking appetites change with regard to HIGH RISK MERCHANT PROCESSING accounts. Greg Augustine, the Founder and President of MIDsource (www.gomidsource.com) commented, “Merchants with HIGH RISK MERCHANT PROCESSING accounts often find themselves at the mercy of their processing bank because the tolerance for risk and appetite for certain classes of business change so often.”

MIDsource offers HIGH RISK MERCHANT PROCESSING for a wide range of industries. With an extensive network and banking relationships domestically and internationally, we pride ourselves in our ability to obtain direct merchant accounts (MIDS) and aggregation solutions for high risk merchants worldwide.

Augustine also commented, “The HIGH RISK MERCHANT PROCESSING business is highly relationship driven. We not only value our banking relationships but our relationships with our clientele as well. It is these valuable banking relationships that give us the ability to provide HIGH RISK MERCHANT PROCESSING account for merchants when others have failed. Market conditions, regulations, and banking appetites change on a regular basis and your business deserves a processing partner that can help you navigate these market conditions.”

MIDsource has dozens of banking relationships worldwide that offer streamlined multi-currency solutions for international e-commerce merchants. MIDsource can provide international high risk processing accounts, domestic high risk processing accounts, multiple gateway options, and charge-back mitigation programs. The dedicated professionals at MIDsource have leveraged deep relationships and industry knowledge to keep our clients in business and processing.

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