Skip to main content

Merchant Account Price Auditing Equals Merchant Retention

“How do I know this is really what you’re going to charge me?” This common objection reveals an industry problem: the merchant doesn't fully trust the sales person. If questions persist, they may soon move on to another company, wooed by promises of better rates.


Enter Merchant Statement Analysis’ newest service: Merchant Auditing! The concept is simple and effective. The merchant’s current rates and fees are compared with those promised on their original application. The merchant can then see that your company is providing the rates promised, is honest, and transparent.


The benefits are well worth the low price point per merchant.   Merchant retention is probably the most immediate result, as happy merchants stay put. In addition, the Auditing service can be up-sold, equaling more revenue to ISOs. This powerful sales tool is exactly what you have been looking for.

If you are looking for the next best thing contact MSA.  www.merchant-statement-analysis.com

Comments

Popular posts from this blog

FIND THE LATEST MERCHANT CREDIT PROCESSING INTERCHANGE RATES HERE

LATEST OFFICIAL INTERCHANGE RATES Here is where you will find the latest interchange reimbursement rates that are available to the public. 
Merchant Statement Analysis is here to help you with your statement quote needs.  Just click the Welcome MSA logo to the right of this page to visit our website and get more help. 
VISA USA VISA EUROPE
MASTERCARD  MASTERCARD EUROPE
WELLS FARGO PASS-THROUGH FEES  WELLS FARGO PAYMENT NETWORK QUALIFICATION MATRIX 



Why Outsource Merchant Account Statement Analysis

First of all I want to say that this article is not for merchants but is for MLS and ISOs who understand what I am about to say:  Merchant processing statements are a pain! Now with that out of the way, let's talk about why that is.

With credit card interchange rates constantly changing, many agents have difficulty reading and offering a merchant account quote.   How much time do you think you have spent staring at merchant statements while still not being able to offer them a competitive statement quote?  Is the merchant account priced as Standard tiered, Interchange-Plus, or the confusing  Enhanced-Recovery pricing?  How much time has been lost in the sales process during this important step!
On the other hand, perhaps you currently work with a processor who  offers a free merchant statement analysis service.  They want to do it, but there are more pressing tasks that must be handled.  I know as I worked for a company for many years as an Recruiter and Relationship Manager and mo…