How Do Retail Check Cashers Make the Move to Small Business Money?

You’ve realized that staying in the retail market simply isn’t cutting it. You understand there is an ever-growing market just waiting to be tapped into. You’ve set your sights on small businesses.  But you’re faced with an overwhelming question. 

How do retail check cashers make the move to small business money?

The answer is commercial check cashing. If you establish a commercial check cashing program, you’ll have unlocked the door to higher fee revenue and higher gross revenue.

There is a growing need for an alternative to traditional banking, especially within the small business landscape. However, business owners still want the look and feel of a traditional bank – just without the hassle.

You can be that alternative. With a commercial check cashing program, you can create that seemingly traditional environment, but with a slue of other services that can’t be found anywhere else.

Making the move can be as simple or as complicated as the existing location currently operates. In order to establish a commercial check cashing program, you will be required to become familiar with a different set of sales processes, specific compliance regulations, and IT regulations you might not be familiar with. It sounds daunting – but with an experienced consultant, like Mercury Service Group, you can make the smoothest transition possible.

In fact, as a Mercury Service Group licensee, you would have access to an entire prepaid card program that isn’t offered anywhere else. With a commercial prepaid program, there are higher load amounts, which means higher revenues for you. Coupled with the benefit program, your location can become a true alternative to traditional banking. You could become the business resource center in your market.

 

The question now is: Are you ready to make the move to small business money?

 

 

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