National Small Business Week

National Small Business Week, which ran from April 30 – May 5, highlighted the impact of outstanding entrepreneurs and small business owners across the nation. We hope you were able to join us in celebrating our valued customers. We've got a lot to celebrate!

  • 70 nominations for the “You Have HEART” award
  • 200 dozen cookies delivered to customers
  • 300 “We ♥ Local Businesses” postcards mailed to customers

VCR industry news

Visa Claims Resolution (VCR) was implemented on April 14, 2018. According to Visa, the new VCR process will proactively eliminate invalid disputes, leveraging existing data wherever possible to automate and simplify the dispute-resolution process. 

FinCEN's Beneficial Ownership Rule

The anti-money laundering regulations included in the new Financial Crime Enforcement Network (FinCEN) Beneficial Ownership Rule were effective as of May 11, 2018 and are meant to further protect customers. The new FinCEN rule requires Worldpay to collect more detailed information from beneficial business owners during the onboarding process for certain legal entity types.

Customer loyalty matters

Our Loyalty team offers skillful expertise, collaboration, and efficiency. For more than 40 years, our team has been helping innovators bring their ideas to life and deliver a one-stop, value-added experience for merchants. As you are referring your customers, we are taking great care of them!

FastAccess Funding

FastAccess Funding is a new solution from Worldpay. It gives businesses quicker and easier access to their card transaction deposits. While the typical merchant services deposit timeframe is 1-3 days, businesses can now receive deposits in about five hours!

Some FastAccess Funding features include:
  • Increased speed and frequency of payouts
  • Available holidays and weekends
  • Consolidated cash flow
  • Inventory and vendor management

The new Worldpay

It’s been four months since Vantiv and Worldpay combined to create a global omni-commerce payments leader, and things are progressing quickly! There is steadfast focus on business and strategic initiatives, with the ultimate goal of delivering smarter, faster, easier and more secure payments to you and your customers.

As always, thank you for your constant trust and support. We appreciate you taking this journey with us as we continue to establish the foundation for long-term growth and success as an industry leader.