Merchant Services
Merchant Accounts, ACH, Swipe Terminals, Gateways
What exactly does NELiX® TransaX do?
In a macro view, NELiX® TransaX is in the business of cashless payment processing. We provide merchants with the means to sell their products or services without receiving cash from the consumer at the time of the sale.
Who are NELiX® TransaX’ customers?
Virtually every single company in the United States needs merchant services. Consider that even McDonald’s allows you to pay for a $0.99 order of French Fries with a credit card now. Every restaurant, corner store, gas station, hospital, hotel, school, Internet company, retail outlet, or any other business you can think of is a potential customer for NELiX® TransaX.
What are NELiX® TransaX products?
There are two primary components to a cashless sale. One is a processing account that allows merchants to accept a certain form of payment. The second is a physical device or software system that communications the transaction into the banking system.
- Merchant Accounts – Provides the ability for merchants to accept Visa® and MasterCard® as a form
of payment. American Express and Discover Card processing accounts also fall under this
category. Debit and PIN based Debit transactions also fall into this category.
- ACH Accounts – stands for Automated Clearing House. This allows merchant to perform a direct debit from a checking account. The consumer provides the merchant with an account number
and a routing number instead of a credit or debit card.
- Swipe Terminals – A piece of hardware where a merchant physically swipes a credit or debit card
through a card reader. The terminal reads information from the magnetic stripe on the back of the
card and sends the transaction into the banking system. If the merchant already owns a terminal
or point of sale system, we can reprogram their existing equipment and they will not need new
equipment.
- Payment Gateways – A piece of software that can be used instead of a Swipe Terminal. They are typically used by merchants where the card itself is not present at the time of the sale. For instance an Internet store like Amazon.com uses a payment gateway to send transactions into the banking system.
Why NELiX® TransaX?
It is our goal to bring superior payment processing services to your customers. NELiX® TransaX is more than an underwriter; we are your business partner. Our mission is to enable our agents to sell more merchant accounts, in less time, with more convenience than ever available. How do we achieve this? It’s simple: Technology, Honesty, & Compensation.
Technology
The NELiX® TransaX RoX system will provide you with tools never before seen in the merchant services agent community. The web-based system will handle statement analysis, quoting and profitability reports, true online applications, application status reports, residual reports, shopping cart functionality, payment gateway services, online support access, and much, much more. TransaX RoX dramatically reduces the time necessary to train new sales reps and allows your reps and merchants to complete and submit more applications in less time. The system provides tools for easy integration into any point of sale system, database application, or web site making it one of the most versatile solutions on top of being the most robust.
Honesty & Integrity
NELiX® TransaX promotes honesty in all facets of our business. It’s our corporate philosophy that open agent and merchant relations lead to a more stable, more prosperous portfolio to our mutual benefit. Whether its just between us or dealing with a merchant, NELiX® TransaX stresses and makes available 100% forthright communication on all avenues of business. Additionally, we pride ourselves on our excellent customer service for our agent partners. Your success as in the field is clearly in the best interests of NELiX® TransaX and therefore we will do everything in our power to help you achieve that success.
Compensation
NELiX® TransaX offers competitive residual splits, signing bonuses, and monthly promotions. Additionally, we are introducing a new agent level residual package: the Referring Agent. If you don’t want to go through the hassle of chasing down supporting documentation, supporting merchants, etc., then NELiX® TransaX can do it for you! Simply refer the merchants to us, we’ll take care of the rest, and will pay you residuals on their processing. Furthermore, and most importantly, NELiX® TransaX always pays residuals on time.
