All you need to know about GOAT Payments

by | Dec 19, 2022 | Payment Gateway | 0 comments

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GOAT payments

GOAT payments are a private financial services company headquartered in Westlake Village, California, with over thirty years of experience in this field. It helps merchants to increase their profitability by reducing transaction processing fees, eliminating hidden charges, and educating their clients on how to qualify for the lowest interchange rates.
One of the unique qualities that set us apart from the rest of the providers is that we have formed relationships with over twenty different banks and processors, allowing us to customize the best processing solution for each individual client. The names of some of the banks and processors are – First Data, Elavon, World Pay, Tsys, Paymentech, Global Payment Systems,, NMI Payment Gateway, Valutec, and CrossCheck are the name of.
We use a special way of interacting with our clients when it comes to helping or supporting them, which is a one-on-one approach to educating each merchant.
We also invest an adequate amount of time in training our sales executives and technology service agents, which means each member of our GPS team is trained to provide the service and information that each of our clients demands individually.

Our staff is highly and efficiently trained to ensure that each and every merchant associated with us is PCI compliant and completes their SAQ questionnaire on an annual basis.
We are here to answer any questions that you may have regarding card brand rules, regulations, and compliance issues. 
We strive to provide our clients with the latest processing equipment, including EMV and Apple Pay.
Our sales and support representatives are available 24/7, seven days a week. We consider all our merchants as a family and are ready to assist them at any time of the day.

GOAT payments: Specialities

i) Point-of-Sale:
A point of sale (POS), is a computerized procedure in a commercial outlet that focuses on selling actual goods. A POS is where consumers check out, purchases are processed, and bills get paid in a store. GOAT offers a POS payment mode, which makes the purchase convenient.

ii) Online Gateway:
A payment gateway is a technology used by merchants to accept debit or credit card purchases from customers. The term includes not only the physical card-reading devices but also the payment processing portals found in online stores. Hence, it makes GOAT client’s life easier to directly take the card details and process the payment.

iii) Payment Processing:
Payment processing services include authorization, funding, and settling of a transaction. Even though the transaction takes a few seconds only, the steps behind it are intricate, and they are:

*The payment processor submits the transaction to the card association connected to the issuing bank.

*The issuing bank either accepts or rejects the transaction based on certain criteria.

*The issuing bank then sends either an approval or a rejection status back to the merchant bank and finally to the merchant.

iv) eCommerce:
This is one of the most attractive features of GOAT, it allows the business of buying and selling things over the Internet. Which makes the process easier and also allows the customer to choose from various options.

v) Retail Payments:
Retail payments are everyday payments between individuals – private persons, companies, and government agencies – of relatively low value and typically not of a time-critical nature.
This option with GOAT gives you multiple perks like experiencing your product in real-time, personalized service, and instant gratification.

vi) Cash Discount: With GOAT, you also get cash discounts and coupons which will at the end of the day help you to save on your bill.

Why GOAT Payments over Stripe or PayPal?

You must be thinking why should you choose GOAT payments over other famous payment service providers like PayPal or Stripe? There are various perks of choosing GOAT payments over any other services and they are as follows:

  • GOAT payments provides you with one-on-one help and education to all the merchants, which you’ll not find anywhere else.
  • GOAT payments not just helps you, but also educates you on how you can bring down your bill, which makes you mentally equipped for the future you are economically more dependent once you have the knowledge, so in the future, you don’t have to depend on any other provider.
  • GOAT has a variety of banks and processors to choose from, hence providing you with many options, as per your needs.
  • GOAT has well equipped and trained sales team, which is ready to assist you in any possible situation.
  • GOAT treats its clients as a family and is available to assist you 24×7, whenever you feel the need to be assisted.

To get more information contact Your merchant service rep!