First, it is important that you know that this service is NOT about you changing your provider. That's not what we do.
Credit card processing is complex. Businesses are faced with confusing statements, hundreds of various payment processing fees in addition to the numerous processing options offered by merchant service providers, payment gateways, and other payment processing entities. Without an unbiased insight, a business can easily fall prey to unfair pricing and pay large fees to accept credit card payments....without even realizing it. As a case in point, when we ask businesses their processing rate, they frequently tell us about their "qualified rate" or an "effective rate"....and this charge is 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.
We have a two-phase approach to credit card expense reduction which is unparalleled in the payment industry.
This service is offered on a contingency fee basis which simply means if there are no savings realized, there is no fee. There is never a requirement to change credit card processors to take advantage of this service.
Who We Can Help the Most
While we work with businesses of all types, our highest success rate is with businesses that process credit card transactions where the card is not physically present. This is referred to as a Card Not Present (CNP) environment and generally includes business-to-business and eCommerce companies. Companies processing 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. Businesses must annually process in excess of $300,000 in card volume to use this service.