Credit Card Processing Fee Reduction
You’re probably being overcharged by your card processor. Our clients save on average 28% every month, without changing equipment or processors.
Expense Reduction Opportunity
Get a cost-free audit to discover how much you’re likely being overcharged on your card processing fees.
If there’s no meaningful savings, there’s no fee.
We’re experts at navigating the complex contracts and various middlemen who excel at overcharging.
There’s never a change to your process or equipment.
Navigating merchant processing rates can be daunting due to their complexity. With a multitude of fees influenced by factors such as card brand/type, transaction method, and organizational structure, payment processors often exploit this complexity to increase rates.
Our solution streamlines this complexity, ensuring you benefit from the most competitive payment processing rates available through your current provider. Leveraging proprietary software, benchmarking data, and industry expertise, we deliver tangible savings to your organization without necessitating a switch in payment processors or additional effort on your part.
Secure the lowest rates possible with your current processor and enjoy ongoing monitoring to shield against monthly rate hikes. With our service, you can confidently maximize cost savings while maintaining operational continuity.
Testimonials:
“Nice to have someone on our side who identified several areas where we were paying too much and helped us save on our monthly card fees. This audit is a must for any business accepting card payments.” -Eric L., Home Restoration Specialist, Upstate NY
“We were able to lower our processing fees with our current provider and see how to avoid downgrade surcharges. I wasn’t even aware of these additional fees before contacting them. Great service!” -Tom M., Carwash Owner, Central Utah
“You provided immediate savings. The real value has been the ongoing optimization. A few simple changes and our processing costs have fallen by over 30%. What a great partner!” -Daniel C., Pet Supply eCommerce, Oregon
Key Benefits
- Lower merchant processing fees, maximizing savings.
- No need to switch processors.
- Transparent insight into payment rates.
- Ongoing monitoring prevents unexpected rate hikes.
- Effortlessly optimize expenses without disruption.
The Restaurant
With a community presence for over 15 years, this eating and drinking establishment provides local entertainment and tasty eats. A single location, independent restaurant that recently began selling merchandise and catering services.
Challenge
The point-of-sale system (POS) used by this restaurant requires use of a specific payment processor, although the fees are not bundled into the software costs. The restaurant owners feel trapped with high fees but unable to make any changes to the overall system.
First Step
Analyzing their processing fees, we uncovered a pricing scheme that hides provider-based charges, disguising them as card brand fees. Our software calculated savings based on our ability to correct these charges and eliminate overspend.
Optimize Accounts
Working with their payment processor, we were able to optimize their processing rates without altering the integration to the restaurant POS. Pricing is now highly competitive and their fees are clearly defined. This resulted in 1st year savings of $10,189.
Protect and Monitor
We’ve kept the optimized rates in place, prevented rate increases, and provided the owners with monthly reports showing realized savings.
Testimonial
“Thanks to your program, we’re expanding our catering business using the money we’ve saved!” Ken T., Owner
We save you money, or you don't pay.
It’s that simple.
Platinum Savings Group provides tailored solutions that meet your specific needs.