PRODUCTS AND SERVICES

As we move closer and closer to being a cashless society, we are at the same time moving away from invoices being shuffled back and forth between businesses. Enter purchase cards (& Government Service Association Cards). Purchase cards are slowly but surely replacing purchase orders or invoices. Whether it is to pay for services to a large airline or to the United States government, these large entities are now using purchase cards as a form of payment.

These transactions require more information to be transmitted to the issuing bank of that particular purchase card. The discount rate is also determined based upon the information transmitted, as well as the size of the transaction.

We at Metro BPS specialize in setting up your commercial business with the ability to accept these purchase cards at the best possible rate. Please contact us for more information.

We offer a broad range of products; Gift, Loyalty, Reward Card programs, Fleet card Processing, Electronic Check Conversion (ECC), Government and Leasing Solutions. Terminals, Mobile Units (Wireless Machines), POS Software, Virtual Terminals, e-Commerce Solutions, and Supply and Warranty Programs. Our partnering with Rapid Advance brings our newest offering: Merchant Cash Advance. apid Advance brings our newest offering: Merchant Cash Advance.

MERCHANT CASH ADVANCE PROGRAM

Rapid Advance- The smart choice for immediate working capital with financing based on average monthly VISA and MasterCard volume.

  • Pre-approval within 24 hours
  • Cash advance within 7 working days deposited electronically into your account
    • No personal guarantees
    • No collateral
    • No liens
    • No liens
    • No application fees
    • No points
    • No fixed monthly payment
  • Repayment is through a percentage of future VISA/MasterCard receipts.
  • Merchants repay only when a sale is made.
  • Does not affect merchants ability to qualify for other financing
  • Cash-advance may be used for any business purpose
  • State of the art processing systems maximize transaction security
  • 24/7 customer support – available 365 days a year.

Independence Funding designed for start-up companies in business less than one year. Funding from $2,500-$100,000.

Growth Funding designed for companies in business at least one year. Funding from $2,500-$150,000.

Freedom Funding designed for well-established companies in business for at least two years. Funding from $15,000-$150,000.

Qualifications:

  1. Show that the business accepts credit card payments with at least $2500 a month in VISA & MasterCard sales and 15 or more transactions per month.
  2. Provide four consecutive months of VISA and MasterCard statements.
  3. Meet basic underwriting requirements.

Metropolitan Business Payment Solutions (MetroBPS) provides electronic services for merchants and financial institutions nationwide. We service the needs of regional and community banks by providing their clients with a complete range of electronic payment solutions. Our Business Concierge Program allows us to serve as a profitable business tool through the networking of various business industries in the tri-state area.

Our experienced sales force in conjunction with our business alliance programs partners take MetroBPS to the next level in processing all types of electronic transactions including Visa, Mastercard, American Express, Discover, debit, EBT and private label card.

THE METRO BPS CHECK

Electronic Check Conversion (ECC) program transforms check acceptance into a risk-free electronic payment using the latest technology in the check processing industry. Our ECC program is a revolutionary approach to check acceptance that will satisfy the check-writing customer and give merchants the convenience and security of an electronic payment. Our ECC program uses the information on the customer’s check to create an electronic payment, right at the register.

  • The check is scanned
  • The transaction is verified and authorized
  • The terminal is settled and funds are electronically deposited into the merchant’s account
  • Assured funds are delivered to the merchant within 48 hours

GIFT/LOYALTY PROGRAMS

Our Gift / Loyalty card replaces paper gift certificates and looks, feels and acts just like a major credit card. Each card is cashier activated with a unique, electronically encoded account number stored on a magnetic stripe. Each time the cardholder makes a purchase, visits are tracked and amount spent is deducted.

Features are:

  • Offers small to mid-size merchants a turnkey gift card system similar to the big retailers
  • No cash back after each use, unused balance remains on card for additional purchases
  • Builds customer loyalty
  • Increases store traffic
  • Eliminates costly backroom accounting
  • Standardized reports give all details and totals
  • Customizable features for reporting and operating
    (i.e. Non-reloadable, defined card limits, preset denominations)
  • Card is activated at point of sale
  • Card can be loaded at POS for any value
  • All merchant reporting is available over a secured Internet connection
  • Host servers validate, authorize transactions and capture data
  • POS printer produces a transaction receipt
  • Merchant obtains daily totals via POS system
  • 24 / 7 merchant help desk support

FLEET CARD PROCESSING

Our national specialized fleet card program specifically designed to assist fleet managers in regulating company vehicles expenses. Our private label charge card is accepted at over 165,000 major and regional service providers in all 50 states. Other fleet management features offered are

  • Automatic Tax Exemption
  • On-line Customer Access
  • Automatic Calculation of Fleet
  • Purchase Discounts
  • Extensive Purchase Controls
  • Convenience
  • Flexible Reporting Options
  • Exception Monitoring