Chosen Payments Opens Utah Office

As the demand for the processing industry continues to grow, Chosen Payments is committed to expanding our reach to ensure we cover all regions. Our knowledge, experience and expertise allows Chosen Payments to continue to meet the demands of a continuously growing and changing industry. Chosen Payments has partnered with some of the most dynamic individuals in the payments space to open our Salt Lake City, Utah office. This location will focus on partnerships and new technology campaigns, leveraging over 20 years of experience into the CP model, to deliver the most dynamic products and services the market has seen.  

Chosen Payments partners with the NLA (National Limousine Association)

June 16, 2013 Chosen Payments (CP) a leading provider of electronic payment processing has entered into a partnership Agreement with National Limousine Association (NLA).

Chosen Payments will implement their developed and concrete partnership program with the NLA supporting Members and merchants nationwide. Through this Partnership CP will offer incentive programs to both Members and nonmembers, increasing Association value and encouraging new membership for the NLA. The NLA will refer their Members to Chosen Payments as a preferred partner to receive discounted credit card processing, next day funding, and good old customer service.

“This has been one of the longest awaited and highly desired Partnerships that CP has entered into this year. This Partnership solidifies our dedication to the Limousine Industry and we will continue to increase our presence in this great space of Limousine Operators nationwide” states Jeff Brodsly, CEO of Chosen Payments. “I personally thank the NLA staff and the Committees involved for believing in Chosen and allowing us to show everyone we will deliver what we promise!“ says Brodsly. “With the significant efforts of our Membership Committee Chairs; Ron Stein and Laura Canady and their committee members, we are pleased to introduce one more value added benefit to NLA membership. This strategic partnership will not only allow our members to have an opportunity for cost savings for their business, the NLA will also receive a percentage of Chosen Payments revenue rebated back to the NLA” states Philip Jagiela, Executive Director of National Limousine Association. “Another highlight of this newly formed relationship with CP in their desire to complement our efforts for new members, they will be offering $150 towards the annual membership fee for first time NLA membership applicants” says Jagiela.

About Chosen Payments

Chosen Payments was founded with the merchants in mind. We are dedicated towards making a difference in the payments processing industry by taking a partnership approach, providing personalized customer service, and cost effective solutions. Our focus is on services such as credit card processing, check processing, gift/loyalty, ATM, merchant cash advance and mobile applications. Naturally we look for ways to increase revenue by cutting expenses, using value added services, and by driving more success to our partners. We take pride in what we do and our focus is to minimize our mistakes. Visit www.chosenpayments.com for additional information or email info@chosenpayments.com.

About National Limousine Association

The National Limousine Association was founded in 1985 as a voluntary, non-profit, tax-exempt organization responsible for and dedicated to representing and furthering the worldwide, national, state and local interests of the luxury chauffeured ground transportation industry. Our membership includes limousine owners and operators, suppliers, manufacturers, and regional and state limousine associations. Visit www.limo.org for additional information or email kim.bubnis@limo.org.

Chosen Payments Executive Named Entrepreneur of the Year

 

May 5, 2013- Jeff Brodsly, President and CEO of Chosen Payments, has been named Entrepreneur of the Year by the Moorpark Chamber of Commerce in California.

Abigail Sichmeller, a Chamber director, said Brodsly was selected for his “service, commitment and dedication,” noting, “You truly make a difference in our community and we are all grateful for what you have contributed to making Moorpark a better place to live, work and play.”

Headquartered in Moorpark, where it employs 40 payments professionals, Chosen Payments also has a full service office in Kansas and several satellite offices nationwide.  Committed to providing outstanding products and services to merchant customers and ISO partners, and backing them with unmatched involvement and support, the company received First Data’s Presidents Club Award for 2012, and CEO Brodsly now serves as a member of the First Data ISO Advisory Board.

”As Chosen Payments continues to grow and thrive,” Brodsly said, “we will continue to give back – to our communities and to our merchant partners.  This honor means so much to me.”

Brodsly’s contributions were celebrated at a luncheon held May 1 at the Moorpark Country Club.

For more information about Chosen Payments, visit www.chosenpayments.com or call Jeff Brodsly at 855-4-CHOSEN. 

 

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Chosen Payments CEO Jeff Brodsly has been invited to the First Data ISO Advisory Board

April 14, 2013, with great pride Chosen Payments has announced that CEO Jeff Brodsly has been selected to the First Data ISO Advisory Board. This board consists of an exclusive group of just 15 members selected from Independent Sales Organizations throughout the country. The First Data Advisory Board members meet twice per year and participate as needed throughout the year to discuss various topics. The primary focus of this group is to consult with one another and provide feedback as it pertains to First Data’s current strategies and programs in place for its ISO channel.

 

"I am honored to have been invited to the First Data ISO Advisory Board; this will be my first year as a member of this board commencing the first meeting in June 2013. I look forward to participating and contributing my opinion to the existing strategies and values First Data has in place" states Jeff Brodsly.

 "It is not only something I am extremely proud of, being invited to the FD Advisory Board, but this also brings me great pleasure to know that Chosen Payments has had a positive enough impact on FD that they clearly value what we bring to the table" states Brodsly. Founder and CEO of Chosen Payments Jeff Brodsly has created a company built for its staff and clients in which has catapulted into a leader and nationally recognized pioneer in the Industry. His nonstop motivation and drive to succeed allows his career, as well as those surrounding him, to continue to blossom while naturally being rewarded through this success.

About Chosen Payments

Chosen Payments was founded with the merchants in mind. We are dedicated towards making a difference in the payments processing industry by taking a partnership approach, providing personalized customer service, and cost effective solutions. Chosen Payments is not only a partner but a business consultant for merchants nationwide whom accept electronic payments. Our focus is on services such as credit card processing, check processing, gift/loyalty, ATM, merchant cash advance and mobile applications. Our footprint on the industry is being a "partner in success". Naturally we look for ways to increase revenue by cutting expenses, using value added services, and by driving more success to our partners. We take pride in what we do and our focus is to minimize our mistakes. Visit www.chosenpayments.com for additional information or email info@chosenpayments.com.

Beware of possible shady deals that seem too good to be true, and do not buy if….. By: Jeff Brodsly

As we all know the age old saying “if it seems too good to be true it usually is”. I write this to all Merchants in hopes to prevent you from ending up in a situation I have seen far too many merchants in recently. Like most industries there are ethical and unethical practices. Unfortunately for those that practice business unethically in my industry the victims pay a pretty price. My goal is to provide a few tips to avoid shady deals and warn you to do not buy if the following is presented to you by a Merchant Services sales person:

Unbelievably low processing rates: If a processor offers you more than a 35% savings there are more than likely hidden fees or teaser rates. Make sure you fully understand how they arrive at such significant savings and don’t just take their word. You want to see a true apples to apples comparison based off of your current processors rates and you want each and every fee to be accounted for and compared line by line. If the company trying to earn your business won’t do this you don’t want to do business with them as they are either not educated enough to explain this to you, or they are hiding something and breaking down line by line will expose their scam.

Not in the US: If the provider that is trying to earn your business is located offshore and not in the U.S. I would not work with them. There are plenty of local U.S. based companies that can offer you exactly what you are looking for.

FREE Equipment:  Processing companies will offer you “FREE” equipment to earn your business. Like anything else is life “nothing is free”. DO NOT fall subject to this scam as most companies that lead in with free equipment have hidden fees; lock you into a long term contract with large cancelation fees, and make up for the FREE elsewhere. If you are offered free equipment make sure to ask the simple question of “how are you able to give this to me for free” .. “you must have a cost for this equipment so how will you recover your costs”. I can almost ensure you that if a company is going to offer FREE equipment that they will have hidden fees or lock you into a long term contract. My advice is don’t get locked into any long term contract rather purchase equipment if you need it as a honest company can sell a credit card machine to you for less than $200. Most of these shady contracts will cost you $500-$2,500 just to get out. There are legitimate companies that will offer free equipment as part of earning your business however this will not be their pitch to you and this will come later. And those companies that do offer this legitimately will generally NOT put you in a long term contract rather they will ask you to sign a free placement agreement that means as long as you process with them you can use the equipment. If you cancel with them you must give back the equipment. Do your homework if you are being offered FREE equipment.

 

Dine and Dash Representative – Be aware of temporary representatives that do not have industry experience. This type of representative will be swift in the sale and never to be heard of again. Always ask questions; how long have you been in the industry, how long have you been with your current company and ask them who their funding bank is. If they can answer these questions with confidence then you are likely dealing with a legit industry sales representative. You want to find out their role in the business; are they a sale rep for an ISO (Independent Sales Organization) and if so what ISO, are they a sales agent for a direct processor and if so what processor. You will then want to research the ISO or Processor as well as the sales agent to ensure you are doing business with a stand up and ethical company. There are a lot of companies that offer large signing bonuses to their sales agents therefore the sales agents will create shady sales pitches to do anything to close deals and get their signing bonus. If you have never heard of the sale rep and they seem like a “Dine and Dash Rep” then this is the situation where you ask a ton of questions and do not buy if they seem shady.

Equipment Leasing: This is the scenario I warn of with the most caution. Although as new technology rolls our equipment leasing will not be a bad thing and will become prevalent again you need to really be careful of companies trying to lease you new equipment. There are several very shady companies out there that will come to your business and tell you that your equipment is out of date, non compliant, against Visa/MasterCard rules and more. Then they will tell you that they can save you money on your fees by offering you a effective rate that is so much lower than your current costs that you can then lease a brand new piece of equipment without costing you any extra money because they are saving you so much on your fees. If you here this pitch do not buy! Unless you are 100% positive that you need new equipment and you have done your own research to ensure this then you should never entertain a sales person telling you that your equipment is out of date or needs to be replaced. Additionally if these sales agents show you one simple rate as oppose to breaking down your entire merchant statement and go line by line then they are not being honest with you. If these two common denominators exist (wanting to lease you new equipment and saying that they wills save you enough on your fees to pay for the leased equipment) defiantly steer clear of the company. Not only will you get stuck in a 48 month lease any end up paying $4,000 for a piece of equipment that cost $200, you will be locked into a long term contract with rates that are higher than what was presented. Make sure to really ask questions and investigate the company soliciting you before you buy.

I write this blog to warn merchants and to educate merchants of common tips to look out for when selecting a Merchant Service company. There are many honest, and ethical companies out there that you can choose to do business with all of whom will not try to sell you on all the above mentioned ways. Credit Card Processing fees are a major part of your business therefore take the extra time to find a trusted company that has a good reputation and you feel comfortable with.

The writer of this blog Jeff Brodsly in an industry veteran who is the Founder and CEO of Chosen Payments. If you wish to speak to a Chosen Payments representative to ensure you’re being treated properly with respect to your merchant processing account please reach out for a free consultation. Chosen Payments takes pride in educating merchants and will assist all merchants’ weather clients of Chosen Payments or not. You can reach Chosen Payments by emailing info@chosenpayments.com or calling toll fee (855) 4-CHOSEN (424-6736).

 

 

Chosen Payments CEO Jeff Brodsly has been invited to the First Data ISO Advisory Board

April 14, 2013, with great pride Chosen Payments has announced that CEO Jeff Brodsly has been selected to the First Data ISO Advisory Board. This board consists of an exclusive group of just 15 members selected from Independent Sales Organizations throughout the country. The First Data Advisory Board members meet twice per year and participate as needed throughout the year to discuss various topics. The primary focus of this group is to consult with one another and provide feedback as it pertains to First Data’s current strategies and programs in place for its ISO channel.

"I am honored to have been invited to the First Data ISO Advisory Board; this will be my first year as a member of this board commencing the first meeting in June 2013. I look forward to participating and contributing my opinion to the existing strategies and values First Data has in place" states Jeff Brodsly
. "It is not only something I am extremely proud of, being invited to the FD Advisory Board, but this also brings me great pleasure to know that Chosen Payments has had a positive enough impact on FD that they clearly value what we bring to the table" states Brodsly.
Founder and CEO of Chosen Payments Jeff Brodsly has created a company built for its staff and clients in which has catapulted into a leader and nationally recognized pioneer in the Industry. His nonstop motivation and drive to succeed allows his career, as well as those surrounding him, to continue to blossom while naturally being rewarded through this success.

About Chosen Payments

Chosen Payments was founded with the merchants in mind. We are dedicated towards making a difference in the payments processing industry by taking a partnership approach, providing personalized customer service, and cost effective solutions. Chosen Payments is not only a partner but a business consultant for merchants nationwide whom accept electronic payments. Our focus is on services such as credit card processing, check processing, gift/loyalty, ATM, merchant cash advance and mobile applications. Our footprint on the industry is being a "partner in success". Naturally we look for ways to increase revenue by cutting expenses, using value added services, and by driving more success to our partners. We take pride in what we do and our focus is to minimize our mistakes. Visit www.chosenpayments.com for additional information or email info@chosenpayments.com.

Beware of possible shady deals that seem too good to be true, and do not buy if…..

As we all know the age old saying “if it seems too good to be true it usually is”. I write this to all Merchants in hopes to prevent you from ending up in a situation I have seen far too many merchants in recently. Like most industries there are ethical and unethical practices. Unfortunately for those that practice business unethically in my industry the victims pay a pretty price. My goal is to provide a few tips to avoid shady deals and warn you to do not buy if the following is presented to you by a Merchant Services sales person:

Unbelievably low processing rates: If a processor offers you more than a 35% savings there are more than likely hidden fees or teaser rates. Make sure you fully understand how they arrive at such significant savings and don’t just take their word. You want to see a true apples to apples comparison based off of your current processors rates and you want each and every fee to be accounted for and compared line by line. If the company trying to earn your business won’t do this you don’t want to do business with them as they are either not educated enough to explain this to you, or they are hiding something and breaking down line by line will expose their scam.

Not in the US: If the provider that is trying to earn your business is located offshore and not in the U.S. I would not work with them. There are plenty of local U.S. based companies that can offer you exactly what you are looking for.

FREE Equipment:  Processing companies will offer you “FREE” equipment to earn your business. Like anything else is life “nothing is free”. DO NOT fall subject to this scam as most companies that lead in with free equipment have hidden fees; lock you into a long term contract with large cancelation fees, and make up for the FREE elsewhere. If you are offered free equipment make sure to ask the simple question of “how are you able to give this to me for free” .. “you must have a cost for this equipment so how will you recover your costs”. I can almost ensure you that if a company is going to offer FREE equipment that they will have hidden fees or lock you into a long term contract. My advice is don’t get locked into any long term contract rather purchase equipment if you need it as a honest company can sell a credit card machine to you for less than $200. Most of these shady contracts will cost you $500-$2,500 just to get out. There are legitimate companies that will offer free equipment as part of earning your business however this will not be their pitch to you and this will come later. And those companies that do offer this legitimately will generally NOT put you in a long term contract rather they will ask you to sign a free placement agreement that means as long as you process with them you can use the equipment. If you cancel with them you must give back the equipment. Do your homework if you are being offered FREE equipment.

Dine and Dash Representative – Be aware of temporary representatives that do not have industry experience. This type of representative will be swift in the sale and never to be heard of again. Always ask questions; how long have you been in the industry, how long have you been with your current company and ask them who their funding bank is. If they can answer these questions with confidence then you are likely dealing with a legit industry sales representative. You want to find out their role in the business; are they a sale rep for an ISO (Independent Sales Organization) and if so what ISO, are they a sales agent for a direct processor and if so what processor. You will then want to research the ISO or Processor as well as the sales agent to ensure you are doing business with a stand up and ethical company. There are a lot of companies that offer large signing bonuses to their sales agents therefore the sales agents will create shady sales pitches to do anything to close deals and get their signing bonus. If you have never heard of the sale rep and they seem like a “Dine and Dash Rep” then this is the situation where you ask a ton of questions and do not buy if they seem shady.

Equipment Leasing: This is the scenario I warn of with the most caution. Although as new technology rolls our equipment leasing will not be a bad thing and will become prevalent again you need to really be careful of companies trying to lease you new equipment. There are several very shady companies out there that will come to your business and tell you that your equipment is out of date, non compliant, against Visa/MasterCard rules and more. Then they will tell you that they can save you money on your fees by offering you a effective rate that is so much lower than your current costs that you can then lease a brand new piece of equipment without costing you any extra money because they are saving you so much on your fees. If you here this pitch do not buy! Unless you are 100% positive that you need new equipment and you have done your own research to ensure this then you should never entertain a sales person telling you that your equipment is out of date or needs to be replaced. Additionally if these sales agents show you one simple rate as oppose to breaking down your entire merchant statement and go line by line then they are not being honest with you. If these two common denominators exist (wanting to lease you new equipment and saying that they wills save you enough on your fees to pay for the leased equipment) defiantly steer clear of the company. Not only will you get stuck in a 48 month lease any end up paying $4,000 for a piece of equipment that cost $200, you will be locked into a long term contract with rates that are higher than what was presented. Make sure to really ask questions and investigate the company soliciting you before you buy.

I write this blog to warn merchants and to educate merchants of common tips to look out for when selecting a Merchant Service company. There are many honest, and ethical companies out there that you can choose to do business with all of whom will not try to sell you on all the above mentioned ways. Credit Card Processing fees are a major part of your business therefore take the extra time to find a trusted company that has a good reputation and you feel comfortable with.

The writer of this blog Jeff Brodsly in an industry veteran who is the Founder and CEO of Chosen Payments. If you wish to speak to a Chosen Payments representative to ensure you’re being treated properly with respect to your merchant processing account please reach out for a free consultation. Chosen Payments takes pride in educating merchants and will assist all merchants’ weather clients of Chosen Payments or not. You can reach Chosen Payments by emailing info@chosenpayments.com or calling toll fee (855) 4-CHOSEN (424-6736).