Verisave

Almost every US business is overpaying on credit card processing fees, but this expense is rarely optimized and incredibly difficult to address properly. Most businesses attempt to control these costs in one of two ways: negotiate with the processor, or shop for a new one. But these approaches are largely ineffective, and often result in higher fees over time. There's a better way. Verisave optimizes credit card processing fees WITHOUT the need to change processors. It's a simple way to bring significant money back to the bottom line. Zero disruption, zero expense, and zero risk. #merchantservices #paymentprocessing

Rule and rate changes typically happen twice every year, in April and October. Verisave keeps a close watch on client statements leading up to those months, so as to anticipate changes that will impact merchants. Here is what we have seen to date: https://lnkd.in/e598evxZ While we expect these rule and rate changes will be implemented, final confirmation of the changes will not be available until October 2024. Verisave will continue to monitor the situation and will update this information accordingly.

We typically help our clients reduce their costs without having to change processors. But there are times when a processor change is the best solution for a variety of reasons, cost savings being one of them. When it becomes necessary, it’s important to navigate the change properly. Here’s what you need to know: https://lnkd.in/eQ2BpWsp #merchantaccounts #processing

Processing fees can be grouped into three main categories: Interchange, Assessment, and Processor Fees. For the most part, only Processor Fees are negotiable. But many of the most significant savings opportunities exist within the Interchange Fees.

Verisave works directly with businesses to minimize credit card processing fees ... but we also work with Private Equity Firms to increase profitability portfolio-wide. Learn more here: https://lnkd.in/e2i6-gR6 #privateequity #merchantaccounts #payments

?? Deadline Extended: Visa/Mastercard Settlement ?? The deadline to file for the Visa/Mastercard Settlement has been extended to February 4, 2025. This $5.54 billion settlement covers businesses that processed credit card transactions between January 1, 2004 and January 25, 2019. For more details and to file your claim, visit: verisave.com/settlement #creditcardprocessing #payments #merchantaccounts

Verisave is excited to partner with Monex USA, bringing secure global payments solutions to our clients and partners. #FX #CorporateFinance #Verisave #MonexUSA #BusinessGrowth #Payments

Every merchant account is different. Optimizing the backend settings, and minimizing the processing fees associated with each transaction, requires a thorough understanding of processing rules. We recently completed a project for a large payment facilitator (PayFac) that entailed a very unique solution. Read more here. #payments #ccprocessing #merchantaccounts

Recently, both Visa and Mastercard shared details on ways they are using generative AI to combat fraud. What will this mean for your business? Here’s what we know so far: #payments #creditcardfraud #merchantaccounts #creditcardprocessing #ai

A $2 million per year cost reduction in cc processing fees. Our team worked closely with the client's finance team and their processor, leveraging mountains of industry data and expertise, to intricately optimize the merchant account. The result was significant and sustainable. Here's our case study: #creditcardprocessing #merchantaccounts #payments #costreduction #gainshare #foundmoney