(Newswire.net — April 29, 2020) — Card Payment Advisors have launched a service to help merchants understand and reduce card processing fees. The company helps to unmask complicated hidden fees associated with card payment processing.
Payment Card Advisors have launched a service to help merchants unmask and reduce payment card processing fees. The company specializes in breaking down complicated merchant processing fees and reducing the cost associated with such fees.
More information can be found by visiting: https://paymentcardadvisors.com
All companies who take card payments have to deal with complicated processing fees that make little sense to the untrained eye. The team of experts at Payment Card Advisors work with merchants to help them understand these fees and identify ways they can save money on every customer transaction.
The three basic fees every merchant pays every time they take a card payment from a customer are assessment, interchange and markup.
The assessment fees are the portion of the sale that goes to the credit card company; Visa, Mastercard, American Express, etc. Interchange fees go to the card issuing bank. Processor markup fees go to the company that actual does the processing of the transaction.
There are no industry standards for regulating processor markup fees, so merchants are essentially at the whim of the processing company. This is why one company can end up paying more than another for exactly the same service.
Payment Card Advisors works as a consultant for merchants to keep them from being overcharged on merchant processing fees. The company is not an ISO, processor, or broker and they do not work on commission.
The company brings years of industry knowledge to the table while compiling critical benchmarking data that is not available anywhere else. The company is so confident in their service that they don’t charge until their customers have effectively reduced their processing fees and are cutting costs on an ongoing basis.
On average, the company saves merchants 66% in card payment processing fees. The service is transparent and unbiased and leaves complete control in the hands of the merchant. Interested parties can find more information and get in touch with the team at the link above.