The IRS is at it Again: New IRS Service Code Section 6050W
Starting January 2012, and annually thereafter, all merchants will be receiving a 1099-K from their credit card processor detailing what they transacted in credit and debit cards in the prior calendar year (in gross monthly and annual terms). This statement will also be reported to the IRS on the merchant’s behalf. In order to do so properly...
The Skinny on PCI Compliancy
Any business big, small or somewhere in between, that accepts credit cards is required to be PCI Compliant. This means that regardless of who processes your credit card transactions, how many transactions you run or how you run them, you have to abide by the requirements set forth by the security standards council. Unfortunately that also means…
At Synergetic Processing Services Inc., we take a traditional approach to the merchant services industry. By interacting with our customers, we are able to see things through their eyes and design custom solutions that best address their own individual needs.
At Synergetic, we help our customers by providing…
- A broad array of products and services tailored to your business needs
- Competitive pricing and transparency in all pricing structures
- The best customer service and support in the industry
- State of the art equipment, including POS systems and e-commerce solutions
- Cutting edge insight into the credit card industry
Our broad array of products and services enable business owners to reduce costs, bolster sales, and operate more efficiently and effectively. We offer state-of-the-art equipment, including retail credit card terminals, POS systems, wireless and WiFi equipment, virtual terminals, e-commerce solutions, and electronic check imaging systems at affordable pricing. In addition to credit and debit card processing, we also offer a variety of additional services to grow your business, including check conversion and check guarantee programs, gift and loyalty cards, and business cash advances.
Most importantly, we believe in the importance of our customers having the best ongoing service and support in our industry.
