CA-based Batched.com is providing minority owned businesses EMV ready and Apple Pay enabled credit card processing equipment at no cost to make sure minority owned businesses are compliant with the new Visa MasterCard regulations taking effect on October 1, 2015.
Batched Inc, which is a minority owned business, brings transparency to the credit card processing industry by shopping rates and services with multiple providers and providing small businesses a merchant service coach to decipher statements and provide education. Batched.com merchant service coaches work with and on behalf of small business owners to ensure the small business owner is matched with the correct processor for their specific business type. Batched.com merchant service coaches provide education and training to business owners so they understand the new requirements and the liability shift that is taking place on October 1, 2015.
Batched.com merchant service coaches have been educating over a hundred businesses a week about the pitfalls of not upgrading their POS machines before the deadline. Business owners, especially minority business owners, have been grateful for the service and free equipment as their banks are not providing the educational resources because the banks are not liable for fraudulent charges if the merchant does not upgrade, the business owner is.
The Company noted in the Latino business community 8 out of 10 business owners are unaware of the new technology requirements.
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