How we helped
Our firm negotiated with several payment processors, including the one they used on behalf of our client. Three different pricing models were presented for final approval.
Our team mapped out the client’s ecosystem and implemented changes that reduced merchant fees, reduced chargebacks, and decreased security risks.
Orders over $1000.00 will require a 20% deposit, and the rest will be paid in person in-store or delivered via a WIFI/4G terminal.
Utilizing chip and pin transactions would optimize interchange and reduce fraud. Security for the website’s payment gateway has been enhanced with AVS and 3D Secure. Six updated smart terminals were installed at the retail store. The overall process was integrated into the client’s accounting platform, providing detailed reports to senior management and employee management, enhancing productivity, revenues while reducing operating costs and chargebacks.
Avrage Monthly CreditCard Valume: $3,100,000 USD
Annual processing valume: $37,200,000 USD
- Annual saving $121,980 USD
- NO rate increase since 2020!
- Reduced chargebacks by 68%