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UPS Capital Trade Protection Services Inc., a subsidiary of UPS Capital, the financial services arm of United Parcel Service Inc., is enhancing its merchant services program for small- and medium-sized businesses.
According to a statement from the company, the enhancements include “funding settlement in as little as 24 hours; the convenience of processing payments from a variety of cutting-edge equipment options whether at a retail location, through the Internet, or on a mobile device; acceptance of electronic payments at the point of sale via all major debit and credit cards; and opportunities to earn cash reward incentives when pairing UPS Capital Merchant Services with other UPS Capital services.”
To provide UPS Capital Merchant Services, UPS Capital is teaming up with Century Payments Inc., a nationally recognized player in the electronic payment processing industry.
UPS Capital’s offerings include global trade finance, trade protection services and payment solutions including credit card processing and related services and payment-acceleration services. UPS Capital companies deliver financing solutions that include loans backed by the Export-Import Bank of the United States.
“Cash rewards will initially be offered to customers who sign up for UPS Capital Merchant Services and who also use UPS Capital for any of the following services: COD Enhancement Services, Cargo Finance, or Cargo Insurance. Rewards will range in value from $500-$1,500 based upon which UPS Capital services a merchant uses and their credit card transaction volume,” explains UPS Capital. wt