How we helped
With the optimization of the interchange for each department, we were able to help them reduce 8% of their current processing fees and negotiate a rate reduction of 0.80 bps (0.80%) based on the 8-year increase.
Consequently, our client has received two rate increases since we launched our watchlist service in 2018, which was flagged on our end and our client received a refund.
Avrage Monthly CreditCard Valume: $700,000 USD
Annual processing valume: $8,389,000 USD
- Annual saving $57,697 USD
- NO rate increase last 2 years!
- Detail reporting on each department