We understand your merchant account statement.
Here’s what you can expect from a Verisave cost-reduction engagement:
![Merchang-Statements](https://verisave.com/wp-content/uploads/2021/03/FirstData-Stack.png)
How much money will Verisave return to your bottom line?
- Most businesses are able to reduce credit card processing fees by 10-30%.
- It is not uncommon to reduce processing fees by several $million for large businesses or enterprise organizations.
10-30%
What’s the process to reduce your credit card processing fees?
- You start by sending us a recent merchant account statement
- Our audit team will analyze the fees you’re paying for errors and overcharging
- Within 2-3 days, Verisave will provide a Report Card with the results of the audit and our recommendations to avoid any and all erroneous or unnecessary fees
- If you agree to our strategy, we’ll sign an engagement letter together
- In most cases, our clients can retain their existing merchant account and processor relationship, although in some instances we’ll recommend finding another solution if it’s in the client’s best interest
- Initial implementation will occur within 4-6 weeks, with Verisave fully implementing account adjustments on your behalf (we do the heavy lifting and involve your team only as absolutely necessary)
- Every month, we’ll send you a new savings report with clear and precise details on all savings
- For our payment, Verisave will receive a portion of the proven savings AFTER they’ve been returned to your bottom line —there are no other fees involved
Verisave the Heavy Lifting
What do you have to do?
- Your involvement is typically less than 2 hours throughout the engagement
- The first step is to send a merchant account statement to Verisave
- From that point, we’ll do all the heavy lifting, working directly with your processor and any banks involved
< 2 Hours
Verisave Services:
Verisave offers cost-reduction, simplified. Without any time investment, disruption, risk, or upfront fees, we can easily bring 10%-30% 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.
![](https://verisave.com/wp-content/uploads/2023/12/target-money-212x300.png)
Strategy
We dissect and analyze every fee on your merchant account to find all viable savings tactics, re-classifications, and hidden discounts.
![](https://verisave.com/wp-content/uploads/2023/12/Asset-1-8.png)
Optimization
We apply these tactics to your existing merchant account, implementing all savings for you. We do all of the work.
![](https://verisave.com/wp-content/uploads/2023/12/Asset-4-8.png)
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.