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CompanyProfile






                                                                                        ISO/MLS contact:
                                                                                        Dana Adams Sills
                                                                            Director, Business Development
                                                                                           678-736-7125
                                                                             dana.sills@mainstreamms.com
                                                                                  www.MainStreamms.com


                         Pathway to vertical market expansion




                  lpharetta, Ga.-based MainStream Merchant       "We even have an eligibility and benefits solution to
                  Services Inc. was founded in 2007 by three     further streamline business and increase ROI," Sills
                  payment professionals whose stated mission     said, noting that non-patient days are common in dental
        A was to provide complete transparency in ful-           practices, which has a direct impact on revenue. "It's the
        filling the unique payment processing needs of business-  office manager's day to catch up on all the insurance
        es from a broad range of industries. Today the company   backlog, and we have a solution that can help solve for
        processes in excess of $1.5 billion annually for clients   that."
        through a nationwide sales force.
                                                                 MainStream's  Eligibility  and  Benefits  System  delivers
        "We have business in a majority of the MCC codes out     a unified view of patient benefits, verification details,
        there," said Dana Adams Sills, director of business      appointments and treatment plans, and ensures that
        development at MainStream. "We have a large contingent   patients receive out-of-pocket cost information in advance
        of restaurants in our group. We work with ecommerce      so they may choose whether to pay in full or set up
        clients, as well as  business-to-business and setting up   scheduled, automated payments over time. The company
        businesses throughout the supply chain of any given type   also provides on-site sales tools for demonstrating
        of industry."                                            program capabilities when meeting with prospective
                                                                 clients.
        Being diverse means merchant level salespeople
        (MLSs)  can  pursue  niche  expansion  into  wholesale,   Sales-focused channel flexibility
        manufacturing and distribution businesses, for example,   One strategy that has proven effective for MainStream
        which are categories where MainStream has seen           is the creation of multiple sales channels nationwide.
        increased interest lately.                               Options include an ISO/agent program; W-2 sales program
                                                                 with benefits; strategic referral partner program that
        "They may just now be getting into the payments game,    aligns  MainStream  as  the  preferred  merchant  services
        because they know that this can speed up their cash flow   provider to professional organizations and other entities,
        and reduce the net 30 invoicing process, Sills said. "But   including independent solfware vendors and value-added
        at the same time, they might not have been introduced    resellers; and initiatives that support military veterans in
        to products that can offer purchase card Level 2 or Level   both sales and business.
        3 processing, where our agents have the opportunity to
        save those businesses money in a way that doesn't hurt   Whatever channel sales partners decide to join,
        anyone's revenue stream."                                MainStream prides itself on support at every level through
                                                                 its sales portal and support team. "We have a transparent
        Another area that has shown traction is the building supply   program with very clear pricing, transparent paperwork
        industry. "With building supply you're dealing with high   and reporting," Sills said. "It's all about educating the
        tickets, and sometimes those clients need ACH and check   client to make sure they understand how to achieve the
        solutions as well," Sills noted. "A lot of those businesses   least expensive transaction with the least potential for
        don't have sophisticated inventory management,           fraud." With that in mind, she said, they are able to offer
        especially if they're older family companies." MainStream   boutique concierge service.
        can fill that gap for many businesses, she added.
        Success in dental vertical                               MainStream's payment  product  and  software solutions
                                                                 suite covers the gamut from physical POS equipment to
        MainStream also provides tools for ISOs and MLSs that    virtual, mobile and online solutions that support EMV,
        partner with the company to enter the medical vertical. It   mobile wallets, tap-and-go payments, check processing,
        offers a comprehensive program for dental offices, a niche   gift card programs, merchant funding, inventory
        where EMV (Europay, Mastercard and Visa) chip reader     management, and online reporting, among the options.
        or recurring payment capabilities are often lacking,
        as is practice management software integration with
        payments, the company noted.
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