A partnership between Novera Payment Solutions, LLC and Amerinet will allow Amerinet members to take advantage of the most current credit card payment processing technologies while utilizing Noveras innovative pricing structures for payment processing services.

Accept Credit Cards with an Easy to Understand Flat Fixed Fee

This service is provided with an easy to understand flat fixed monthly fee structure. Many merchants don’t fully understand their card processing rates. In truth, the underlying cost to accept credit cards and debit cards is the same for all merchants, large and small and is comprised of Interchange fees and processor costs. Interchange makes up the majority of the cost of a monthly bill, and is never negotiable. Variable inflated rates and additional transaction fees make up for most of the difference and are where most processors make substantial profits. Under the new relationship arrangement Amerinet members can now receive a transparent, flat fixed monthly fee pricing model that remains in effect for the life of the account.

Add Efficiency to Your Business

Additionally, Novera will provide Amerinet members the opportunity to access innovative tools designed to help businesses run more efficiently and cut costs i.e. virtual terminals, mobile payments devices, website payments portal, and a “QBplugin” to work with QuickBooks software that ensures a seamless interface and postng tool. It’s all part of Novera’s suite of services and unique commitment to price transparency that is unparalleled in the payment processing industry.

John Wisniewski, Novera’s Director of Business Development, said, "By utilizing a flat fee pricing structure, Amerinet members can rest assured that they will never pay more than they should for processing services. We’re excited about our partnership with Amerinet in their efforts to provide their members with solutions that help them grow and succeed."

To learn more, go to: www.noverapaymentsolutions.com/amerinet

Novera Payment Solutions LLC is announcing an awarded contract position with The Veterinary Club LLC to help provide critical cost savings measures for payment processing services. The new contract position  allows Veterinarians to receive credit and debit card payments via various gateways  virtual terminals, tablets and from their web site. An available QuickBooks plugin and posting tool ensures a seamless interface.

It’s all part of Novera’s suite of merchant services.

Many merchants don’t fully understand their card processing rates. In truth, the majority of the cost to accept credit and debit cards is the same for all merchants, and is comprised of the non-negotiable Interchange fees and processor costs. Variable service fees drive most of the difference in rates and are where most processors make substantial profits.  Under the new contract with The Veterinary Club, (TVC) members can receive a transparent and easy to understand, flat fixed monthly fee that remains in effect for the life of the account says John Wisniewski, Novera’s VP of Business Development. “We’re excited about joining TVC in their efforts to provide their member’s solutions that help them grow and succeed while saving them money.  To learn more, go to: www.noverapaymentsolutions.com/TVC

 "The Veterinary Club, the leading Group Purchasing Organization serving Veterinarians in the United States, is pleased to announce a new contract with Novera Payment Solutions, LLC. Novera was selected to guide members through the complicated world of credit & debit card acceptance. Novera delivers a unique combination of value, integrity and price transparency to our members that is unparalleled throughout the payment industry."  Bryan Benitz, Managing Partner, The Veterinary Club LLC   www.TheVeterinaryClub.com

Novera Payment Solutions, LLC (Novera) based in Atlanta is a registered Member Service Provider (MSP) of WorldPay, and a registered Independent Sales Organization (ISO) with Visa & MasterCard.

The Veterinary Club (TVC) based in Nashville and Middleburg, VA, is a national Group Purchasing Organization focused exclusively on the Veterinary market.  TVC is an entity that helps veterinary organizations realize savings and efficiencies by aggregating purchasing volume and using that leverage to negotiate discounts with manufacturers, distributors and other vendors.

There are few things more frustrating to auto dealerships than losing precious recurring service business to the aftermarket. Fortunately, several strategies are available to help auto dealers to build service retention programs and to profit from them. Let's review two popular approaches.

1. Pre-Paid Maintenance (PPM) Plans

The obvious reason for implementing a PPM is to keep customers coming back to your auto dealership for their recurring maintenance needs. With properly trained service advisors and proper pricing, PPMs can be profit providers rather than loss leaders for auto dealers.

In recent auto dealer news, a consumer survey conducted by DMEAutomotive (as reported in the  January 2013 Issue of Auto Dealer Monthly), indicates there are some other interesting reasons to consider a PPM.

• 56% of consumers with PPMs (or complimentarty maintenance plans) are likely to continue serving their vehicle at the dealership after expiration.
• Approximately 1 in 4 automobile owners have some type of PPM and 62% of those who use the plan for all their maintenance needs are likely to stick with their dealer.
• Next generation servicers (under 35) are more likely to have a plan (31%) than those over 35 (18%) and are more likely to have all service done at their dealer under their plan (72%) than those over 35 (62%).

Ongoing interaction with satisfied customers through the life of the vehicle builds relationships and customer loyalty. Pre-Paid Maintenance Plans are clearly a good option to consider for your auto dealership.

2. Auto Dealer Customer Loyalty Programs

Auto dealer customer loyalty programs are another great way to keep service business at your dealership. MediaTrac's recent study of 72 auto dealerships and over 6 million repair order transactions showed:

• Auto dealership customers who were enrolled in rewards and loyalty programs visited their dealership every 4.26 months versus every 6.82 months for non-members.
  
• The average annual member spend paralleled the increase in service visits with a 97% increase.
  
• Retention of loyalty/reward members was nearly 60%.

According to John Fogg, President of Fogg's Automotive and Suzuki, “The Stored Value Cash
Card has been terrific for our dealership. We use it for bird dogs and also as a tool to help close the sale”.

The idea of the auto dealer customer loyalty program is to use it  as a marketing tool to help your dealership sell more cars and get additional service business from your existing customers.

Just as with pre-paid maintenance plans, customer loyalty card programs keep car owners coming back to your dealership through the life of the vehicle, allowing you to cultivate long term relationships with your customers and ultimately create repeat purchasers and referrers.

Novera Payment Solutions is an industry leader in auto dealer service rewards programs, as well as flat fee credit card processing for automotive dealerships. With proven successful partnerships serving the New Jersey Coalition of Automotive Retailers (NJCAR), the New York State Automobile Dealers Association (NYSADA), the Mississippi Independent Auto Dealers Assoc. (MIADA), and the Massachusettes Independent Auto Dealer Association, Novera Payment Solutions helps auto dealerships sell more cars and get additional service business from existing customers.

Learn more about Loyalty Cards and Service Rewards Programs for your dealership:

• Get started with Novera's Loyalty & Service Rewards Program for Auto Dealers and increase your customer service visits

• Use the Loyalty & Service Rewards Program to bring customers back to repurchase

• See dramatic savings on your credit card processing fees with Novera's flat fee, transparent processing rates for auto dealers

Credit card processing fees and rates can be confusing.

More often than not when we speak with a business owners, auto dealers, and associations they lack a certain understanding of why they pay what they do to accept credit cards. They often feel that the service providers are out to get them with their seemingly high rates and statement fees that appear to be written in some foreign language.

The truth is the majority of the money you pay to accept credit cards goes to a combination of the card issuing bank, the processor, and the card association.

How Credit Card Fees Typically Work

The majority of the cost/expense to accept credit and debit cards is the same for all merchants large and small, and is referred to as interchange which goes to the issuing bank. Whether it’s Novera Payment Solutions or your local bank we all pay the same interchange cost/expense. Whatever is leftover after paying interchange is the processors cost and the service providers profit. The volume you average on a monthly basis will usually determine the amount of actual margin left over.

Unfortunately most merchant service providers will take advantage of the lack of knowledge that business owners have on costs and line their pockets with margin, which is typically an unfair amount based on that businesses volume. There are fair options for pricing out there that disclose cost and margin but it is often not used.

Novera delivers a transparent flat fee credit card pricing model for auto dealers and associations. It benefits you because:

• The transparent flat fee credit card processing pricing model provides you with the fairest rates available anywhere.
• The pricing advantage passes through the exact underlying costs and adds a flat monthly fee which is based on YOUR average monthly credit card processing volume.

“Novera Payment Solutions was very helpful in explaining and saving our company significant monies in the area of credit card processing”
Ken Goldman
Chrysler Jeep Dodge of Paramus NJ

We save hundreds of auto dealers money on credit card processing fees.

Find out how much we can save you on credit card processing fees!