Merchant Savings
Lowering Fees, Getting Better Rates
Would you like to save money from the unregulated credit card industry? Don’t want to switch processors? Not a problem, there is no need.
Errors and inflated fees occur frequently and can cost merchants thousands of dollars every year. We perform a thorough analysis and add money to your bottom line. There are no upfront costs for services and are paid out of the savings achieved for you, adding more to your bottom line.
Merchant Advocate
“Our job is to ask: are you paying the least amount you can?” Eric Cohen, CEO Merchant Advocate
What Do They Do?
- Specialize in depicting the landscape
- Educate the clients
- Expose hidden fees
How Do They Do This?
A simple approach. By following the three A’s: Analyze, Adjust and Audit.
- Analyze: Review your statements to uncover hidden fees and inflated rates.
- Adjust: Negotiate with your current processor, on your behalf, to reduce your rates and eliminate hidden fees.
- Audit: Routinely monitor your statements to keep an eye out for increasing rates and additional fees.
Who Needs Merchant Savings?
Merchant Advocate traditionally works with three different pockets of business size.
Small Businesses/ Mom and Pop Shops:
- $20,000 – $2,000,000 a year in credit card billing.
- Some systems (e.g., systems with touch screens in restaurants or the ERS systems used in the medical field) lock business owners into using one specific processor, meaning you’re handcuffed to them. When the rates go up, there is nothing you can do. That’s where your representative would come in to monitor the statements and negotiate the rates back down for you.
Mid-Sized Businesses:
- $2,000,000 – $200,000,000 a year in credit card billing.
- Large enough companies but the owner is still playing a large part in the day-to-day operations.
Enterprise-Sized Businesses:
- $200,000,000 + a year in credit card billing.
- Companies that may be franchised, have multiple locations and large corporations. There is no separate team to manage, regulate and handle statements, hidden fees and the constant battle of rising rates.
Having an outside advocate for your businesses’ financials is a service that goes unmatched. We can set you up through our relationship with The Merchant Advocate, saving you money you may not even know was being unnecessarily spent.
Contact us today to get a jumpstart on saving you money. Please call us at (877) 288-7169, or click the button above to set-up a meeting with our CEO, Aaron Levine, to discuss how we can assist you.