Announcement! Beware of Merchant Service Interchange Fee Padding

It has been observed that in recent months some merchant service providers are adding additional charges to their hard costs and passing these onto the merchant. This is known as "padding".

This is why Merchant Statement Analysis is providing a key merchant rate analysis service which reveals these practices and helps businesses save money.

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THE IMPORTANCE OF MERCHANT STATEMENT ANALYSIS IN BUSINESS

Businesses often rely on a variety of vendors and suppliers to provide the materials and services needed to run their operations. However, it's important to keep track of these expenses and ensure that you are being charged correctly. One way to do this is through merchant statement analysis. Merchant statement analysis is the process of reviewing and analyzing the statements provided by your vendors and suppliers. This allows you to identify any errors or discrepancies in the charges, such as duplicate charges or incorrect pricing. By regularly having your statements reviewed, you can ensure that you are only being charged for the goods and services that you have actually received. The best help with merchant statement analysis is from us: Merchant Statement Analysis. Its our very name! This service quickly and easily reviews and analyzes merchant credit card statements. It can save time and reduce errors, leading to more accurate and reliable financial information. A merc

WHAT WILL REDUCED VISA INTERCHANGE RATES LOOK LIKE

Visa claims that many business owners will experience reduced interchange rates in April 2022. https://usa.visa.com/support/merchant/library/visa-merchant-business-news-digest.html The claim is that more than 90% of American businesses interchange rates will be reduced by 10%. These changes will take effect April 2022. We will soon find out how this is implemented. Will other card associations follow suit? It has been since before the pandemic that MasterCard or Discover have done anything significant. As soon as we know you will know. UPDATE May 16, 2022 Ok so the new rates are out! Visa did indeed revise rates for merchants processing less than $250k per year on Visa card volume. This reduced category is called Visa Small Merchant. However, Visa did increase their Non Qualifying consumer and business cards. Business owners will definitely want to process in a the right way to avoid getting hit with that charge on the sale! MasterCard and Discover adjusted their rates on

MERCHANT ACCOUNT ANALYSIS

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