How we helped
Our CNP experts mapped out the client’s ecosystem and implemented the following changes to increase productivity, reduce security threats, improve customer experience, and reduce operating costs.
Our firm negotiated with several payment processors, including the one our client was using. For the final approval, we presented our clients with three different pricing models.
Based on the type of transaction, we optimized the interchange. In addition, we implemented A.I security features which reduced fraudulent chargebacks by 78% monthly. Increased payment gateway security (AVS and 3D secure)
As a result of this upgraded platform, the CEO has access to detailed reporting, increasing productivity, increasing revenue, and, most importantly, maintaining customer satisfaction. In addition, operating costs have been reduced, and fraudulent transactions have been prevented.
Avrage Monthly CreditCard Valume: $2,765,000 CAD
Annual processing valume: $33,1800,000 USD
- Annual saving $51,600 CAD
- NO rate increase since 2020!
- Reduced chargebacks by 88%