This expense reduction service department is made up of payment industry experts whose mission is to provide transparency and expense reduction solutions to merchants who process credit card transactions. We are not a payment processor or merchant service provider. We partner and consult with merchants to achieve savings with their existing provider,eliminating the need for any changes or configuration to your existing business environment.
From auditing and analysis, to regular monitoring and reporting, to an ongoing commitment to processing optimization, we have the experience and expertise to be your ally in the payment industry, your advocate and advisor on best practices, and your partner in cost savings. Our success is based on measurable results, and our fees are only a percentage of your savings. We are the trusted partner in payment processing.
The Problem
The payment industry, and in particular, credit card processing, is complex. Merchants are faced with confusing statements, hundreds of various payment processing fees - including costly layers of discount rates, transaction fees and surcharges - in addition to the numerous processing options offered by merchant service providers, payment gateways, and other payment processing entities. Without an unbiased insight, a merchant can easily fall trap to unfair pricing and pay large fees to accept credit card payments.
Who Should A Merchant Trust?
When evaluating merchant processing services, a merchant understands their own business requirements for card acceptance, but often have to rely on a sales representative selling merchant services to provide honest information on merchant service plan types and pricing options. Competition for your business is fierce and most sales representatives are paid on commission for the fees generated by your processing. This has led to deceptive sales tactics in an industry known for its complexity and negative image.
Merchants asked to reveal their processing rate often tell us about their ‘qualified’ rate or an effective rate not inclusive of all provider fees. This misunderstanding is far too common for an expense that has significant impact on the operating margin of a business. The payment industry is complex. We can help.
Expense Reduction Solution
This two-phase approach to expense reduction is unparalleled in the payment industry. We correct the processing plan to reflect the most competitive plan type and rate, using formulated, specific asks of the existing provider. Our team then works with the client to further reduce the non-negotiable fees through processing optimization – where we help qualify payment transactions at lower interchange rates by passing through additional processing data.
Phase I We ‘right-size’ the account plan, placing the merchant on the correct plan type with the most competitive plan rate. Savings are immediately realized moving forward.
Phase II We implement ‘processing optimization’ where we help the merchant correct future transactions to avoid downgrades and satisfy Level 2/3 processing requirements.
We have tools to audit and analyze credit card processing, and we are uniquely positioned to secure the lowest possible card processing rate, ensure accurate billing, and help merchants reduce their overall payment processing expenses.
We are ready to make a difference to your bottom line by delivering maximum transparency and measurable results. Our experience and expertise in the payments industry, along with our proprietary auditing tools, will deliver unparalleled expense reduction results.
Merchants Realize an Average Savings of 21% on Processing Fees
Payment Processing Expense Reduction:
Continue using your existing merchant service provider
We work directly with the provider, on your behalf
Our two phase approach maximizes savings opportunity:
Phase I – we ‘right-size’ the account plan, placing the merchant on the correct plan type with the most competitive plan rate. Savings are immediately realized moving forward.
Phase II – we implement ‘processing optimization’ where we help the merchant correct future transactions to avoid downgrades and satisfy Level 2/3 processing requirements.
Our network of merchant services providers is immediately available should a merchant choose to obtain or switch processing services
We are a Partner Provider for the two largest payment gateways, Authorize.net and PayPal, offering wholesale pricing to merchants
Our team has the experience and expertise to recommend payment processing improvements, including:
Back-office accounting integration
E-commerce solutions
Card Present terminal and POS equipment
Payment gateway configuration and support
We deliver Maximum Transparency with Measurable Results. See your results in seconds at www.BusinessRefundEstimate.com
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