Merchants Against Unfair Interchange Practices ~ Call To Action ~ The Credit Card Act of 2009 protects consumers,  BUT NOT...
 
 
Unregulated  Interchange fees  are imposed by credit card companies and issuing banks under the pretense of processing cre...
For one example of how Interchange functions,  imagine a consumer making a $100 purchase with a credit card. For that $100...
Visa/MasterCard apply over  200 Interchange categories  based on type of card, business nature, transaction type, card iss...
<ul><li>Rates </li></ul><ul><li>Operational Elements (Human Element) </li></ul><ul><li>Programmable Elements </li></ul><ul...
Processors don’t take the time to watch:    Interchange Rules Compliance Merchant ID Categories Back-end Acquirer Card Ass...
But What About “Interchange Plus”? Interchange Pass-Through  can be completely transparent * Interchange Wholesales + 2 bi...
What We DO <ul><li>Provide  contingency fee-based  consulting services to merchants and businesses that accept credit card...
Who We Help <ul><li>Businesses and Merchants seeking to  Lower their Core Processing Costs… </li></ul><ul><li>without any ...
Consortium of  Interchange Specialists
Capital Recovery Program - Platinum Risk Free Trial
 
Example Bank Letter Post ‘RATE LOCK’ Optimization
Determining Net Effective Rate  (Baseline Percentage)
 
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Cost Reduction for Your Small Biz

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You can expect to see 8% - 20% saving from your current processing fees, and NOT HAVE TO CHANGE PROCESSOR.

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Cost Reduction for Your Small Biz

  1. 1. Merchants Against Unfair Interchange Practices ~ Call To Action ~ The Credit Card Act of 2009 protects consumers, BUT NOT MERCHANTS , from unfair interchange practices of banks and processors.
  2. 4. Unregulated Interchange fees are imposed by credit card companies and issuing banks under the pretense of processing credit and debit card transactions.  However, these fees have tripled in the United States since 2001, to $48 billion in 2008, despite advances in technology that have reduced other comparable transactional costs.  Today, for most retailers, the cost of processing paper checks is less than the cost of accepting credit and debit cards.
  3. 5. For one example of how Interchange functions, imagine a consumer making a $100 purchase with a credit card. For that $100 item, the retailer would get approximately $98. The remaining $2, known as the merchant discount and fees , gets divided up. About $1.75 would go to the card issuing bank (defined as interchange), $0.18 would go to Visa or MasterCard association (defined as assessments), and the remaining $0.07 would go to the retailer's merchant account provider.
  4. 6. Visa/MasterCard apply over 200 Interchange categories based on type of card, business nature, transaction type, card issuer, and many more. Every April and October the Visa/MasterCard associations re-adjust all or some of these 200 Interchange categories and these new interchange rates will strike each merchant and transaction in a different range according to the category.
  5. 7. <ul><li>Rates </li></ul><ul><li>Operational Elements (Human Element) </li></ul><ul><li>Programmable Elements </li></ul><ul><li>* Compliance around interchange fees and rates </li></ul><ul><li>** This is the ‘Back-end’… you don’t see it </li></ul><ul><li> *** This is where we Lower the cost of transactions </li></ul>Merchants have (3) Tiers to Lower CC Processing Costs
  6. 8. Processors don’t take the time to watch: Interchange Rules Compliance Merchant ID Categories Back-end Acquirer Card Associations Issuing Banks … and more We optimize Interchange through the ‘ Programmable Tier’… Typically 8-20% Cost Reduction
  7. 9. But What About “Interchange Plus”? Interchange Pass-Through can be completely transparent * Interchange Wholesales + 2 bits for the processor *** They ‘Set it and forget it’ But … Who’s Optimizing the 200+ Interchange Categories?
  8. 10. What We DO <ul><li>Provide contingency fee-based consulting services to merchants and businesses that accept credit card payments and other forms of electronic fund transfers for goods and services, for the express purpose of reducing their core processing costs without any changes or effort our Client’s part. </li></ul>
  9. 11. Who We Help <ul><li>Businesses and Merchants seeking to Lower their Core Processing Costs… </li></ul><ul><li>without any Changes or Efforts on their part. </li></ul>
  10. 12. Consortium of Interchange Specialists
  11. 13. Capital Recovery Program - Platinum Risk Free Trial
  12. 15. Example Bank Letter Post ‘RATE LOCK’ Optimization
  13. 16. Determining Net Effective Rate (Baseline Percentage)

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