Verisave Case Studies

Merchant account success stories.

We work with a wide variety of clients across all industries.

Every merchant account is different, and every project is unique.

But almost everyone is being overcharged on credit card processing fees in some way.

Here are some of our client success stories:

  • Verisave’s analysts discovered overcharging due to improper
    account setup and an unpublished American Express discount
    that was not applied
  • Micro-adjustments were implemented to fix account setup
  • Verisave prepared a case and petitioned American Express,
    securing discount for client
  • $2.3mm Savings/yr
  • 25% savings on Visa/ Mastercard transactions
  • $1mm in American Express savings were also achieved through a new discount
  • Account review revealed overcharging due to transaction
    misclassifications that were causing miscalculation of
    interchange fees
  • Additional opportunities to reduce other processing fee
    components were also identified
  • Verisave worked with processor to correct errors and
    implement additional savings opportunities
  • $300k Savings/yr
  • 22% reduction in
    processing fees
  • Client experienced several unannounced quarterly fee
    increases billed as interchange fees
  • Verisave’s analysis and review of benchmark data revealed
    the fee increases were undisclosed card processor fees
  • Presented with this information, the processor agreed to
    refund the extra fees
  • Additional opportunities to reduce interchange were also
    identified and implemented
  • $815k Savings/yr
  • 19% reduction in processing fees
  • $195k refund secured
  • Client experienced several unannounced quarterly fee
    increases billed as interchange fees
  • Verisave’s analysis and review of benchmark data revealed
    the fee increases were undisclosed card processor fees
  • Verisave successfully petitioned the processor to reverse
    these charges and remove the fees
  • Unpublished discounts were also applied
  • $250k Savings/yr
  • 19% reduction in processing fees
  • Analysis revealed overcharging due to numerous errors
  • Critical information was not being passed correctly from
    the gateway/POS to the processor
  • Verisave worked with the gateway administrators to correct
    the flow and accuracy of data
  • Additional adjustments were made to the account setup
  • $350k Savings/yr
  • 23% reduction in
    processing fees
  • Account review revealed overcharging due to a
    misclassification of common transaction types
  • Verisave worked with the processor to correct errors
  • The processor itself was unaffected as the overcharges
    were related to interchange
  • $800k Savings/yr
  • 22% reduction in
    processing fees

Verisave offers cost-reduction, simplified. Without any time investment, disruption, risk, or upfront fees, we can easily bring 25%-35% of your credit card processing fees back to your bottom line. 

No need to change processors, and no need to add a project to your team’s workload.

strategy

Strategy

We dissect and analyze every fee on your merchant account to find all viable savings tactics, re-classifications, and hidden discounts.

implementation

Optimization

We apply these tactics to your existing merchant account, implementing all savings for you. We do all of the work.

analysis

Monitoring

We monitor the account every month to ensure your fees do not increase over time, and that any annual rate updates are minimized or avoided.

What to Expect

It’s simple. Verisave clients boost their profits by reducing wasteful credit card processing fees through our expert optimization process.

Our work is entirely within the setup of the merchant account … we find errors, we fix them on the back end, and our clients return that extra money to their bottom lines. There’s no need to change processors.

Nothing else changes. There’s no disruption to any business practice or customer experience.

And we do all of the work.

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