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ReadersSpeak
Should we bother with unbanked merchants? after micro merchants in domestic
and international emerging markets
here are myriad mobile solutions available today that micro mer- or cannabis sales here at home?
chants or merchants in other developing retail sectors could use Bradee Salisburn
to turn cell phones into payment devices. The thing is, though, the Merchant Level Salesperson
T solutions require merchants to have bank accounts. Yet micro mer-
chants often are unbanked. They have few resources. Bradee,
Others, cannabis merchants come to mind, have the money but are locked I would never rule out micro mer-
out because U.S. banks are cautious due to conflicts between certain state and chants or cannabis merchants as po-
federal laws about the legality of cannabis sales and use. Is it even worth going tential clients. That's because of the
tremendous ingenuity of the pay-
ments community. One example is
It’s a War out there! RêvCOIN, which serves traditional
as well as unbanked merchants.
Time to Band together with the Band of ISO’s
Bertrand Sosa, co-founder and presi-
dent of Rêv Worldwide, said, "New
technologies have made significant
achievements, but lack a serious
commitment to financial inclusion
and access to capital at the core of
their strategies. Industry providers
are still going after the same custom-
er base while ignoring the emerg-
ing markets entrepreneur." With
its service, according to RêvCOIN,
merchants receive a card reader and
app, along with a branded prepaid
credit card, and it's to that account
The Merchant Store Presents the ISO Co-op that funds are "deposited." The pre-
paid account can then be used like
any branded card to pay bills or even
Best Buy Rates in the business! withdraw cash from ATMs, the com-
pany added.
Customer Service that is actually a service to the customers!
This is just one business among many
True Revenue sharing devising ways to reach underserved
Join today for a better Tomorrow! markets. With a little legwork, you
can find more. Learn of the latest in-
novations by checking News from
The Merchant Store Promise: the Wire regularly at www.greensheet.
• 60 - 80% commission com. Also, research commissioned
• Transaction fees: 4 cents! by Visa and conducted by Dalberg
• $5.00 service fee details why it makes sense to pursue
• Up-front bonus ( does not effect split ) micro merchants. The report, Small
• True revenue sharing!
• Wholesale equipment pricing! Merchants, Big Opportunity, is avail-
• Free Terminal and POS placement options! able in PDF form here: www.dalberg.
• And, one-on-one support, when and how you need it! com/system/files/2017-07/Small-mer-
chants-big-opportunity.pdf. Good luck
Real partner solutions for Career minded agents! to you. Editor
To setup your custom agent program, New territory?
TheMerchantStore Contact us at: 844.898.2884 Are you expanding into markets
or Visit our website: MerchantCoOp.com that, to date, have barely been tapped
Minding your business
by payments entrepreneurs? What
LIFETIME RESIDUALS :: UP-FRONT CASH :: WHOLESALE EQUIPMENT solutions are you using? Let us know
at greensheet@greensheet.com.
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