Business Management Portal
In Flagship’s iAccess 3.0 business management portal, you can review account activity, check out support resources, generate reports, look over your analytics, and more. Flagship Merchant Services offers two versions of iAccess: Lite (less expensive) and Essentials (more expensive).
Digital Loyalty Programs
Flagship uses Pirq to let you build and manage your own digital loyalty program. Pirq lets you give customers a digital punch card for your program. Another benefit of the loyalty program creation is improved marketing. You can segment your customers based on loyalty data to run special promotions and other campaigns. For example, you might offer a “VIP” store credit to your customers that spend X amount of money with you every month. By creating a loyalty program through Flagship/Pirq, you can reward your customers for spending their money with you — increasing the chances they come back again and spread the word about your business.
Gift Card Creation
Did you know that some studies have shown offering gift cards increases sales (beyond the gift card purchase itself)? For example, a customer with a $50 gift card might spend $60. This is likely because the customer gets the gift card (which is essentially free money), loves the store, then spends more because they’ve been given free money.
Keep in mind that some customers never redeem their cards, either. Not so good for them, but great for you — you get free revenue and cash flows without actually selling an item. Not to mention you can offer gift cards instead of cash for returns, which keeps cash flows high. Flagship lets you create your own reloadable gift cards with flexible redemption options. Plus, you can add whatever design you like to each card, including your branding, which gets your brand in front of more eyeballs. Of course, Flagship offers reporting and analytics on your gift card program, too.
Business Financing
Many merchant services give out merchant cash advances to qualifying businesses that apply. Essentially, the merchant gives the business some amount of money (based on current and predicted future sales) in exchange for a slice of their credit sales over a defined period.
Flagship Merchant Services offers merchant cash advances up to $150,000. It’s a perfect way to get cash fast that you can use to cover operating expenses, stock up on emergency savings, or invest in profitable new projects.