L3 Payments Blog

October Newsletter

Written by ThomasKraus | Oct 11, 2013 5:52:06 PM

October is here! As I write this newsletter we're experiencing a rare rain storm in southern California and a welcome drop in temperature as we settle into the Fall season. Don't get me wrong, I do enjoy the typically balmy, sunny weather here in SoCal, but mowing my lawn and pulling weeds in 100 degree heat while getting blasted by the sun's cancerous death rays for the past few months has grown a bit tiresome. So I'm looking forward to a reprieve from the heat, but even more than that I'm excited about the bountiful assortment of tasty treats that Autumn has to offer. From hearty pot pies to warm apple cider to pumpkin-flavored everything, now is the time of year when I stop counting calories and treat every meal like a competitive eating contest!

And of course, Halloween is right around the corner. It's always fun to see kids dress up as their favorite superhero or movie monster, but even more fun to see adults in full costume. Like last year this guy dressed as Star Wars villain "Darth Maul" pulled up next to me in a BMW X5 at a stop light. How cool is that? Although, I pictured Darth Maul to be more of a Dodge Challenger type of guy. But nevertheless, this gentleman clearly put a lot of effort into his costume and I can certainly appreciate that. Halloween only comes once a year, may as well make the most of it!

At L3, we've been making the most of our time by working on several new projects. While I can't give away any details just yet, keep an eye on our blog for updates in the very near future. Also newsworthy this month, our sister company SBW has announced that they will be automatically initiating debits for Gateway fees from the account of your choice going forward. You can now enjoy the ease of automated payments and the added benefit of saving a trip to the mailbox, or earning points on your credit card. And each month you will receive a statement via email with complete details of any fees charged or credits applied, just as you do today. As part of this transition, SBW will no longer support payment via check, so please be sure to return your completed form via email or fax (805-449-1103) as soon as possible if you haven't already. If you have any questions or need a copy of the form, please reach out to me at Thomas@sbw.com or 805-449-1191 x106 and I'll make sure you get what you need.

Last but not least, don't forget to check out Melody's most recent article titled "Underwriting Inconsistencies Explained". Learn how and why different banking institutions employ different underwriting methods when boarding a new merchant. This is an often overlooked aspect of payment processing and Melody's article provides valuable insight.

As always, please feel free to contact us with any questions at 805-449-1191. Or, hit us up on Twitter or Facebook. Until next time, have a great month!