Running a small business means juggling a lot and getting paid shouldn’t be the hard part. With Merchant Services powered by Clover and Fiserv, you can accept credit cards, contactless payments, invoices, and recurring billing whether you're at your counter, on the go, or online. Maspeth Federal Savings makes it easy to turn your phone, website, or checkout station into a seamless payment hub. Whether you're a solo founder or growing a team, we’ll help you choose the right tools to match your pace and plans.
Ways to accept payment:
- In person – Modern POS, countertop readers, and portable devices for events and pop ups.
- Online – Pay links, hosted checkout, and simple invoicing for services and subscriptions.
- On the go – Tap, chip, and swipe from a phone or tablet. Perfect for deliveries and field work.
Money Habits That Scale
Separate and automate
All sales into checking, move profit and taxes to savings, pay yourself on a schedule. Simple rules beat complicated spreadsheets.
Watch cash flow
Set a weekly fifteen-minute money meeting. Check incoming, outgoing, and your runway. Small issues stay small when you look often.
Build a cushion
Aim for at least one month of expenses in savings. More is even better.
People Power
Even solo founders need a crew. Think mentors, a good bookkeeper, and trusted vendors. Hire slowly, document clearly, and protect your culture from day one.
Dream team starter pack:
- Bookkeeper or accountant who knows your industry
- Business attorney for formation, contracts, and trademarks
- Insurance broker to right-size your coverage
- Banker who understands local businesses, that is us!
Your Digital Front Door
Most customers will meet you online before they ever walk in. Keep it clear and fast.
Website basics
Answer who you help, what you sell, how to buy, and how to contact you.
Online ordering
Make it easy to book, buy, or request a quote. Connect payments so money flows automatically.
Reviews and search
Claim your listings, collect reviews, and keep hours and menus or service lists up to date.
Quick Answers
Why separate personal and business money?
Clean books, easier taxes, and better protection. It also helps you build business credit over time.
How do I choose a structure?
Consider liability, taxes, and growth plans. Many small teams use an LLC. Some industries and investor plans prefer corporations. Ask a pro before filing.
What payment options should I offer?
Offer cards, contactless, and invoices at minimum. With Clover you can cover in person, online, and mobile without juggling multiple systems. Of course, cash, checks and Zelle are other great options.
Can Maspeth Federal Savings help me pick the right accounts?
Yes. We look at your transaction volume, cash flow needs, and growth plans, then suggest a simple setup that can scale. Reach out to us at BusinessBanking@MaspethFederal.com or visit our merchant services page for more information.
