Page 5 - GS221001
P. 5

Letter from the editor







                  elationships are the backbone of all pay-
                  ments enterprises. Seeking new partner-
                  ships, choosing the right ones and see-
        R ing  that  they're  functioning  properly  are
        essential  business  activities.  In  the  lead  up  to  the
        holiday season, giving your partners extra attention,
                                                                Howdy
        whether  they're  sales  partners  or  merchant  clients,   Howdy
        can make all the difference between ending the year
        profitably or watching your residuals shrink due to
                                                                Y’all!
        lost opportunities caused by lack of reliable equip-    Y’all!
        ment or poor service.
        These are just a few insights shared by members of
        The Green Sheet Advisory Board, whose answers to
        a set of questions we asked comprise this issue's lead
        article. They discussed relationship building; the use
        of new, as well as tried and true products and ser-
        vices; and smart tweaks to implement before the 2022
        year-end holiday season is in full swing. For some, it's
        just a matter of touching base; for others, it means get-
        ting new POS systems ready to accommodate eager
        shoppers.
                                                                                                             e
                                                                                                     u incr
                                                                         rk
                                                                                                                 e
                                                                                                              as
                                                                                                   o
                                                                                         o he
                                                                                     d t
                                                                                              l
                                                                I’m working hard to help you increase
                                                                                               p y
                                                                                    r
                                                                  m w
                                                                 ’
                                                                I
                                                                       o
                                                                            in
                                                                               g ha
                                                                         your bottom line today!
        One of the services shoppers will likely be eager to             y o ur b o t t o m line t o d a y!
        use this fall and winter is buy now, pay later (BNPL),
        which has been in the news lately. Indeed, BNPL is
                                                                                     o B
                                                                                           ull
                                                                                  N
        the topic of two stories included in News Briefs here-                    No Bull
        in. One is about a report from the Consumer Financial
        Protection Bureau that questions the efficacy of BNPL
        programs, as well as the ethics of BNPL providers of-      Customized advertising campaigns
        fering the service through merchants to consumers
        who may too easily accrue BNPL debt they can't easily      to fit any size company and budget.
        pay back. The other story is about one company that         • Spotlight Innovators’ Pages
        is exiting the U.S. BNPL market, stating it's a drain on
        its balance sheet.                                             (frequently updated content)
        Consumers aren't able to negotiate BNPL terms, but          • Print (various size options)
        merchant level salespeople can and should negotiate         • Resource Guide listing
        their agent contracts. One expert contributing to this
        magazine offers advice on what MLSs should check               (print/online/front page options)
        before they sign. Other contributors take on the need       • Email Blasts (to GS readership)
        to help your merchants accept all types of payments
        before an alternative provider cuts you out of the loop,    • Online (website/twice monthly magazine)
        why ATMs are becoming more relevant than ever in
        this age of self-service, and ways cannabis-related         • Video
        businesses are coping while being blocked from full         • Bundle advertisng campaign discounts*
        participation in the financial system.
        We've also  enclosed  our customary  notices  of  re-       Rick Aston
        cent milestones in addition to company and product
        profiles to help keep you apprised of potential new                Senior Media Partnership Specialist
        partners and cutting-edge products and services. To
                                                                          707-284-1693
        spread the word on your latest news, send a press re-             707-284-1693
        lease to  press@greensheet.com. And please send your
        feedback to greensheet@greensheet.com.
                                                                                                                  5
   1   2   3   4   5   6   7   8   9   10