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NAMA Cashless Solution
May 2010
Announcing a Special NAMA Member Only Benefit
“The goal of the program is to enable NAMA members to offer their customers the convenience of cashless payments at a reasonable cost across small and large average transaction pricing in a variety of industry segments.”
Perhaps the most important announcement of the OneShow involved the introduction of the relationship NAMA formed with Bank of America Merchant Services (BAMS) as its preferred wireless gateway provider and payment processor. NAMA’s preferred processor possesses a broad knowledge of card brand rules and regulations and has leveraged that knowledge to customize a program that provides NAMA members access to exclusively negotiated rates across various industry segments (vending, coffee service, and food service).
The NAMA Cashless Solution program is a networked end-to-end solution that is hardware neutral, works with qualified communication suppliers and card associations for payment reconciliation and account management. In addition, NAMA is working to provide members with a broad range of preferential financial services.
Use the links on the left to compare your current program, understand the details of the program and calculate your savings.
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