Monday, March 6, 2017

Thursday, February 16, 2017


We are excited to announce that Salon & Spa System is now available for sale! Salon & Spa represents our entrance into an entirely new vertical with over 82,000 locations in the US. The powerful software suite includes a wide range of industry-specific features such as an appointment calendar, walk-in management, multi-station support and email/text reminders. It also supports retail sales and has comprehensive remote reporting capabilities through Lighthouse. We already have a number of beta locations successfully using Salon & Spa and the feedback has been very positive.

This package will be offered at the same price point as our other Elite software packages, with no up-front costs, a low monthly maintenance fee including the software, hardware, installation and training. Merchants with existing statements may also qualify for our VIP program to have a portion of the service agreement waived as well as white-glove onboarding and support.

Give us a call for a demo or to learn about the specific features the software offers for your business! 1-800-223-8603 and be sure to visit for our other equipment options.

Tuesday, November 8, 2016

VIP Account Program

BCS is Proud to Announce the New VIP Account Program Catering to Large Restaurants and Retail Businesses

In October 2016, we announced a new VIP Account program which offers a white-glove experience for large restaurants and retail businesses participating in our free POS program. The most notable incentive for these businesses is the waiving of the POS service fee for up to the entire initial contract term. In addition to this financial incentive, VIP priority service will be provided to these businesses from the time the account is submitted, through programming, installation and ongoing support. VIP Sales Support is provided for these accounts as well, including assistance with RFP proposals and direct involvement from our executive management team as needed. Custom POS programming and third-party integrations will be offered for these businesses, and our 30 day risk-free trial period is also extended to 60 days.

In order to convince a merchant to replace their existing POS system, you have to be able to make an offer they can’t refuse. Our new VIP program does just that by combining a truly free POS system with white-glove service, custom programming and a free 60-day trial. We are making it possible to sign some of the most coveted merchants – established, high volume accounts that are difficult to attain due to their existing POS system. Plus, the timing couldn’t be better since many businesses with older POS systems are currently facing expensive PCI and EMV upgrades.

To qualify for this program, merchants must be in business for more than 1 year, have prior processing statements showing at least $30,000/month in credit card processing volume, and have an existing POS system.

For more information, contact us at, visit our website or give us a call 800-223-8603

Wednesday, September 28, 2016

Why pay for an EMV upgrade when Bank Card Systems offers it for free!

Is your current merchant service company charging you to upgrade your equipment to EMV? Here at Bank Card Systems, we ALWAYS offer the latest equipment at no cost to you. We know the industry changes and that requires you to change with it. So why should you be penalized or responsible for something you have no control of?

Give us a call today to get your free EMV equipment. Not only will you receive free equipment, you will get the LOWEST rates GUARANTEED along with QUALITY customer service.

Call 1-800-223-8603 and visit our website at

Feel free to leave a comment or question below!

Wednesday, August 24, 2016


  1. WHAT IS EMV? EMV (Europay, MasterCard and Visa) is a global standard for debit/credit cards that have the computer chips in them.
  2. WHAT IS EMV TECHNOLOGY? EMV technology includes the payment devices used to authenticate chip-card transactions in a way that enhances security to protect cardholders from fraudulent transactions.
  3. HOW IS AN EMV CARD DIFFERENT FROM A NORMAL MAGNETIC STRIPE CARD?  The chip end of the card is to be inserted into a device rather than swiped. Some EMV cards will even have the ability to be contactless.
  4. WHAT IS THE EMV FRAUD LIABILITY SHIFT? As of October 1, 2015 the Card Associations shifted the liability to the merchants who have not adopted chip technology.
  5. WHAT IF I DO NOT HAVE AN EMV ENABLED TERMINAL? Essentially you are still able to accept all credit card transactions; however if an EMV card is presented and swiped, which I later deemed to be fraudulent, you are automatically responsible for the total amount. You will not have the opportunity to respond and fight for your money back.
  6. SHOULD I UPGRADE TO AN EMV ENABLED CREDIT CARD TERMINAL? It is not mandatory, so there is no penalty if you do not have one. However, for your protection and the security of your customers information, it is HIGHLY recommended that you upgrade your terminal. 
  7. WHERE CAN I GET AN EMV ENABLED CREDIT CARD TERMINAL FOR CHEAP? Here at Bank Card Systems, not only do we offer the latest, high-speed, user-friendly EMV equipment, we also guarantee you the lowest credit card processing rates in the industry. We will MATCH or BEAT any rates. If you are already processing, simply give us a call and send us a copy of your current statement and we will do a free analysis to ensure you the best possible rates. Best of all... NO CONTRACT. If you are unsatisfied for ANY reason at all, you are free to cancel with no penalty.
Visit our website for more information at

Sunday, July 24, 2016

Fewer People Became Entrepreneurs Last Year And Other Surprises From The 2015 GEM

Is the startup up life beginning to lose some appeal? Entrepreneurial activity in the U.S. declined by two points, to 12%, in 2015, ending a four-year uptick.
The newly released Global Entrepreneurship Monitor (GEM), looked at new and existing entrepreneurs in 62 economies, finding that fewer people became entrepreneurs in 2015.
What accounts for the dip? It may be that would-be entrepreneurs sidelined in 2009 and 2010 by the fallout of the recession jumped in later, resulting in the upward trend in new ventures that began in 2011. Last year’s decline might indicate that rates are “settling down to more reasonable levels,” says Babson College Professor of Entrepreneurship Donna Kelley, the GEM Report’s lead author. “On the other hand, it may be an indicator of uncertainty or greater pessimism in the economy,” says Kelley.
More people may be hanging on to their jobs rather than take the risk of starting a company. They may not be seeing the kind of favorable signs that give them the confidence that people would fund their companies or buy their products, says Kelley. “We also found in our broader societal level measure of attitudes that fewer Americans believed there were good opportunities for starting a business,” she says. That percentage fell to 47% in 2015 from its high of 51% in 2014.
Those who did start companies got going with an average of $17,500. Women reported using half as much funding to start companies as men — $10,000 vs. $20,000–which suggests that women might have few resources to use at launch or that they felt they didn’t need additional resources to start. About 57% of launch costs come from entrepreneurs themselves.
And while bank loans don’t grab the headlines the way VC deals or great crowdfunding campaigns do, they remain crucial for many startups. Additional startup funding was most likely to come from banks, at 36%, followed by family or private equity/venture capital (both at 24%), government (22%), employers or colleagues (16%), friends (15%), and crowdfunding (12%).

Founded in 1999, the GEM report is created annually by Babson College and Baruch College. Among the GEM’s other noteworthy findings:
The gender gap persists. Since 2001, the rate of men’s entrepreneurship trends at about one and a half times that of women. But the rate of women’s entrepreneurship in the U.S. is higher than in most other innovation-driven economies—and twice the rate of many innovation-driven European countries. The gender gap is also greater among established businesses than new ones.

Women start different types of businesses than men. About 59% of women entrepreneurs start consumer-focused companies compared to 39% of men. Consumer businesses such as retail, consumer services, and hospitality often have lower barriers to entry, says Kelley. That makes them easier to start but also means more competition and a higher rate of failure.

Women are more social. About 12% of Americans are leading or trying to start a social enterprise, and while women account for about 39 %of total entrepreneurial activity in the U.S, they account for 49% of social entrepreneurship activity. Among women, those between the 35 and 44 are more likely to start social enterprises than women of other ages, while men maintain similar rates among age groups.
A win for women in TexasNationwide , there are 60% more male than female entrepreneurs.  New York and Ohio show an equal mix of both men and women engaged in entrepreneurial activities. Texas is close to equal, and also has the highest rate of women entrepreneurs.

African-Americans start more businesses, but are less likely to sustain them. African-Americans start businesses at higher rates than Caucasians, 14% vs. 12%, but are about half as likely to own established businesses, 4.5% vs. 8.7%.
Entrepreneurs want money and freedom. In the U.S., 69% of entrepreneurs said they were motivated to start by the pursuit of opportunity and the desire to increase their income or the level of independence in their work.

Saturday, July 16, 2016

5 Tips to Help You Overcome Startup Struggles

Startups are not all unicorns and IPOs. The startup struggle is real. 
You ever see that image about success with the straight arrow going up on the left that reads, “What people think it looks like,” and then a squiggly arrow on the right that wraps itself in loops and looks like a mess and states, “What it really looks like”? The more experienced I get, the more real that depiction becomes. 
I’m not here to write about watered-down BS than can be found in any self-help book. I want to keep it real with you, as I’m interested in building authentic, genuine business relationships with all of my readers. It’s the reason why I write about my personal struggles

Here's a brief timeline of my personal startup struggles:
  • In 2011, I was building one of my startups. I had sold my car to have extra cash on my fundraising road. In the 11th hour, when my savings was about to run out, and all of my bills compounded and rent due, I received a six-figure investment.
  • That same year, after building my companies for the past two years, just as things were starting to take off, I was sent away to prison for two years and lost everything.
  • In 2013, I had $200 to my name and a whole lot of ambition.
  • Later that year, while working with another person, our relationship went sour and all of my clients and funds were gone. I had to scramble again to figure out how to keep persevering in the face of negative circumstances.
Startup struggles happen, and it’s at these points that our strength, tenacity, resiliency, courage and motives as entrepreneurs are tested and sharpened. Here are some tips and examples of struggles of other entrepreneurs to help you get through these rough patches:

1. Realize you’re in good company.

Henry Ford went broke five times before he founded the successful Ford Motor Company. Bill Gates failed with his first business, Traf-O-Data. Steve Jobs was kicked out of Apple. While J.K. Rowling was writing the original Harry Potter book, her life was a self-described mess: she was going through a divorce and living on government aid and in a tiny apartment with her daughter before building her $15-billion brand.
Reading stories about successful entrepreneurs is encouraging and helpful. Being an entrepreneur can be lonely, and when we realize we’re in good company it alleviates pressure from difficult circumstances.

2. Embrace change.

There are countless examples of entrepreneurs, technologies and companies disrupting competitors, business models and entire industries. Look at what Facebook did to MySpace, Napster to the music industry, Craigslist to local newspapers and Amazon to bookstores (and countless other spaces). The disruption occurs when companies fail to embrace underlying change.
As entrepreneurs, we must realize there are countless opportunities in times of change. The reality is that change is typically a threat, something (a situation, competitor or technology) that can cause damage to your business, and if we don’t embrace the change we risk total extinction. A great book to read that helps explain this is theInnovator’s Dilemma by Clayton Christensen.

3. Get creative.

Did you know the glue used on Post-it Notes was created by accident when scientists were trying to create a super adhesive for space exploration? Talk about getting creative.
More often than not, the struggle will force you to get creative about how you’re approaching your startup. I've learned that it is in these lows I find my most creative ideas. 

4. Develop your resiliency.

Mark Suster, the outspoken Los Angeles venture capitalist from and Upfront Ventures, wrote about his personal story of resiliency when his company was out of cash and scrambling to figure out its next steps.
Many have said resiliency is the most important trait an entrepreneur can possess. Resiliency is a learned trait that can be the result of personal or professional experiences, so it is great to realize that when you're being tested you're most likely building resiliency. 

5. Focus on the big vision.

Early on when building his first company with his brother, Elon Musk used to sleep on a couch and would shower at the YMCA. When building Tesla and SpaceX, Musk was down to his last $3 million and had to sign it over to make payroll for Tesla as the company floundered to find its market position. He never doubted his vision, and went all in.
Big vision can help you look past obstacles and tough circumstances. Keeping your focus on the big vision will empower you and your team to overcome in the face of your wildest adversity.
Startup success takes work. Nobody said it was easy, but it’s worth it. Use your struggles to help you develop the necessary skills that will ultimately lead to success.