MERCHANT ACCOUNT ANALYSIS

I just found this article that really shows the initial impact of  EMV implementation at retail stores. Business owners will be need help with how to read their merchant statement.  They will no doubt be looking over it closely in the coming months to understand how these changes will affect their rates and fees. This article also highlights that fact that ISOs and banks need to understand and explain interchange fees in a manner that the merchant can grasp as various fees are not simply matter of changing terminals or providing better card security. Read the article here: http://www.nytimes.com/2015/11/17/business/chip-credit-cards-give-retailers-another-grievance-against-banks.html?partner=msft_msn

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

Would you like to know some of the leading merchant account fee and pricing secrets?  Then get your free copy today.  Visit Merchant Statement Analysis and simply use the contact form to get your copy.

As I am working through statements from day to day, I started to notice that some restaurant locations were paying very steep discount charges. What I discovered was those same businesses were also being assessed a high number of TIFs (Transaction Integrity Fees). Just what does this fee mean and how does can it impact your business? Starting in April 2012, Visa introduced this new $.10 for each debit card that does not qualify for the CPS (Custom Payment Service) interchange rate.  You might be wondering how a debit transaction does not qualify? After all, you are simply swiping the customers credit card, right? Well there are several possibilities.  Transactions are not settled (batched) within 2 days  AVS (Address Verification) is not requested for key-entered sales  Internet sales do not include order number of customer service number  Hotels are not providing all the requested data  Therefore, depending on your b...

As you know Merchant Statement Analysis is always eager to expand our merchant credit card processing statement services. We are excited to inform our readers that we were mentioned today in the publication entitled Payments Source. You can read all about it here: http://www.paymentssource.com/news/Merchants-Get-Help-Deciphering-Statements-3011908-1.html?CMP=OTC-RSS

It can be a daunting task to read and understand a merchant statement. Both Visa and MasterCard are coming out with some pretty significant changes this year – no doubt in response to the Durban Amendment’s impact on the industry. This will cause even more frustration on providing a merchant statement quote to your merchant customers. I like this quote from www.paymentssource.com , “ISOs also have to perform complex analysis and decide quickly whether to mark up the fee to cover the costs it will bring, teach employees the fine points of the new approach, and possibly hire additional help-desk workers to prepare for an expected avalanche of phone calls from merchants questioning or complaining about the fee, he contends.” Are you ready? First let’s talk about VISA’s changes: 1. The Network Acquirer Processing Fee (APF), although still $0.0195 per authorization on credit transactions, will be reduced to $0.0155 per authorization on VISA branded debit cards. 2. VISA deb...

How is your business doing?  That is a relevant question these days.  Many business owners are in a deep freeze when it comes to switching payment processors.  Business is just too uncertain and it seems better to stay put where it seems safe.  No doubt you wish you could find the ultimate merchant account provider, lower your rates and fees, and feel confident that you will be taken care of.  Everything would be just perfect.  The merchant statement would be clear and accurate, the customer service department helpful and friendly, and all questions and concerns would be answered promptly.  Many people have yet to see that. What can you do in the meantime?  Study up to make the best decision for the future. I now have an ebook that will take the edge off and help you to find what you are looking for. Simply visit the link and send us an email to get your free copy today.     GET EBOOK: Merchant Account Secrets Revealed