Credit Card Merchant Audit
Our Credit Card Audit focuses solely on expense reduction within the payments industry. Our expertise and experience coupled with our through expense reduction process, ensures a competitive advantage over other firms advertising similar services.
Our Credit Card two-phase approach to expense reduction is unparalleled in the payments 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 nonnegotiable fees through processing optimization, where we can help qualify payment transactions at lower interchange rates by passing through additional processing data.
We have seen the highest success rate for merchants that process credit card transactions where the card is not physically present. This is referred to as a Card Not Present (CNP) environment, and includes B2B and eCommerce companies. Companies processing card payments between $1M and $20M on an annual basis typically have the largest potential savings opportunity. For card present locations, where the credit card is physically swiped at a terminal device, there may still be significant savings. As such, those types of merchants shouldn’t be overlooked or immediately disqualified.
• Law firms focusing on corporate litigation and transactions
• Corporate accounting firms
• Online retailers
• Phone / Internet / Catalog Orders