Products & Services

Merchant Processing Services

 

View a complimentary webinar highlighting some of Granite Payment Alliance's services:

Merchant Portfolio Profitability-Not an Oxymoron! | Download Complimentary Playback
Want more information on this or any of our WIB Endorsed Programs? Click here to complete an online request form, or call Bill Zent, WIB vice president of member relations, at (858) 270-9404. 

Overview

Granite Payment Alliance is a national provider of merchant bank card processing to community-based, financial institutions. The company’s distinctive, customer-oriented business model, product expertise, and seasoned management present a complementary platform to traditional services offered by banks in their local market.

Why Choose Granite Payment Alliance?

Our program is representative of our extensive organizational history in bank card management, organizational-wide expertise and in-market capabilities—customized for each client to produce superior customer satisfaction, product margins and market share – across all lines of business. With Granite Payment Alliance as a financial partner, we will direct our mutual resources to generate the long-term profitability of a merchant portfolio on behalf of your institution.

Solutions Include:

  • Core Deposit Generation: Our assumption of co-responsibility for the success of Merchant Services will lead to the acquisition and retention of low-cost, core deposits from new and current business accounts.

  • Market Growth Potential: A vibrant Merchant Card program can provide the basis for accelerated market development and client growth.

  • Reduction of Credit Risk: As one institutional option, Granite Payment Alliance can fully assume the credit, customer and transactional liability associated with a traditional merchant card portfolio.

  • Annuitized Fee Income: A bank can earn an enhanced revenue stream, as non-interest, non-risk income on an “annuitized” basis.

  • Cross-Sell Portal for Banking Services: The dominance of a successful Merchant portfolio, partnered with Granite Payment Alliance as a proven driver of product quality, growth and employee focus, will further enhance an institution’s ability to cross-sell other financial services from its branch distribution, lending and customer support channels.

  • Competitive Assistance in Local Market: As we are an independent service provider and not part of a financial services conglomerate or national bank attempting inroads in your local territory, we can proactively assist your organization in attracting high-value account relationships and avoid account encroachment.

  • Staff Training in Promoting Merchant Accounts: Our on-site managers will effectively train all levels of employees in sales and prospecting techniques, using incentives to transform your Merchant portfolio into a dynamic engine of profitable and institutional success.

To learn about the Top Ten Reasons Why Your Bank Should Look at Granite today, click here.

WIB Member Benefit:

  • Pricing incentives

For More Information Contact:

Bill Zent
(858) 270-9404
bill@wib.org