FEC Financial Group (FEC/FIN) will make its debut at several upcoming industry events including the California Entertainment Machine Association (CEMA) show on April 22 and the Roller-Skating Association International’s Roller-Skating Expo on May 3-4 in Orlando.
The FEC/FIN team is positioned to deliver merchant and financial services designed specifically for clients in the FEC Industry.
Scott Heit, FEC/FIN founder and CEO, said: “With FEC Financial Group LLC I’m so happy to be able to merge several fields I’ve worked in over the last 25 years, including FECs, payments, and software,” says Scott Heit, FEC/FIN’s founder and CEO. “We hope to take the FEC industry by storm with unparalleled service, lowest rates, and seamless integrations.”
While FEC Financial is a new entity, Heit’s team has a combined 100 years of experience within the FEC and financial services industries. Heit himself has 25 years of experience in sales and management, including successful executive roles at Tigapo, a digital payment platform for arcade machines and at Elaut USA/Coast to Coast Entertainment, global manufacturers of top-earning amusement arcade games and redemption machines.
Heit added: “We don’t have customers, we have partners.”
“Unlike other processors where you have no idea who your rep is and they don’t know your business, with FEC/FIN you will have a rep fully invested in your success. FEC owners can expect peace of mind regarding their processing and a partner focused on simplifying their lives while also saving them money.
“We don’t offer rebates because we will save you more upfront and FEC/FIN has no trial period because we have no contracts, ever.
“From features designed for businesses recovering from COVID to products pre-configured to suit the FEC industry’s unique combination of cash and credit transactions, FEC/FIN offers a suite of services created specifically for FEC and FEC-related clients operating in 2022. The most high-profile option in FEC/FIN’S suite of services is Cash Discount, a point-of-sale option that allows amusement businesses to seamlessly pass along credit card processing fees.
“With everything going in the last 2 years, consumers are used to seeing prices going up everywhere. Businesses are doing what they can to stay afloat and often raise prices but don’t offer a break back to customers. Cash Discount is the exact opposite; it removes processing costs from your bottom line while also giving your customers an option to avoid the increase.”