Articles

Learn Actionable Strategies To Reduce Merchant Credit Card Payment Fees

by DAVIS BROWN PRC Agency

With Payment Card Advisory Group you can reduce the amount you’re currently paying on vendor surcharges when you accept a credit or debit card payment. This is important, because data shows you’re likely to be overpaying!

If you want to better understand the situation and reduce your rate, the expert team can provide the best guidance.

A new merchant service has been launched by Payment Card Advisory Group to help sellers reduce the fees they pay on credit card payments from customers who purchase their goods or services. Their service focuses on unmasking the hidden factors behind the fees and actionable strategies that can be taken to reduce them.

More information can be found at: https://paymentcardadvisors.com

Research shows that 96% of all merchants are unknowingly being overcharged on the fees they pay to accept a credit or debit card payment from their customers.

However, before it’s possible to reduce the cost of credit card bills, it’s important for you to understand them. Payment Card Advisory Group explains that there are three basic payment processing fees that all merchants pay when they accept card payments.

These are Visa and MasterCard Assessment fees, which go to the card companies, Interchange fees that go to the card-issuing bank, and Processor Markup fees that go to the company doing the processing.

To further complicate matters, there can be layers of charges buried within each of these categories. This makes it especially difficult to understand and fix the problems that cause downgrades and overpayments.

Challenges faced by merchants include knowing how to keep up with the changing rules and regulations and how to get the lowest cost on all fees all the time. This is an area where Payment Card Advisory Group can help.

They are a fully independent service provider, and only work for the client. Because they receive zero compensation from interested or related third parties, clients can trust their advice and judgement.

They also have specialist industry knowledge from years of building relationships and compiling critical benchmarking data. Their detailed services provide a great ROI and potential cost reductions of up to 66% without having to change banks or processors.

The company states: “Our cost recovery blueprint saves you time and money for as long as you accept credit cards. If you don’t make money with our service, we don’t get paid.”

You can find more info on the link above!


Sponsor Ads


About DAVIS BROWN Senior   PRC Agency

0 connections, 0 recommendations, 548 honor points.
Joined APSense since, February 4th, 2020, From California, United States.

Created on Aug 20th 2020 09:34. Viewed 168 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.