Course Details

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ADDITIONAL DATES

Mar 11, 2020 | 01:30 PM EST Register
Mar 25, 2020 | 02:00 PM EST Register
Apr 08, 2020 | 02:00 PM EST Register
Apr 22, 2020 | 02:00 PM EST Register

Course Description

A surcharge, also known as a checkout fee, is an extra fee charged by a merchant when receiving a payment by credit card also known as the merchant service fee or credit card fees, etc. The New York law prohibits businesses from posting a cash price and adding a fee when customers choose credit (a “credit card surcharge”). However, the law permits businesses to post a credit card price and charge less when customers choose cash, check, or equivalent means (a “cash discount”). Similar “no-surcharge” laws exist in 9 other U.S. states. Credit card companies make money off cardholders in a wide range of ways and their income has been experiencing solid growth for years. They charge for

  • Interest Income
  • Interchange Fees
  • Cash Advance Fees
  • Annual Fees
  • Penalty Fees
  • Enhancement Income

Credit card company made 163 billion of these Incomes in 2016 from Businesses & Individuals. This money comes from the bank account of business who happens to be your client or whom you work for. In this Free CPE webinar session, we will detail the steps one must take to properly (and legally) implement to protect from credit card surcharging, as well as what are the other ways to mitigate credit card processing fees.

CPA or Accountants or Tax Professionals this webinar will give you insights on advising your clients on how to significantly reduce your credit processing fees and will help you in being a valued advisor. 

CFO, Staff Accountants, Director of Finance, Controller you are always expected to improve bottom-line of your company, this webinar will help you in understanding step by step how you can really reduce your company’s credit processing fees up to 50% and that too without switch processor.

Learning objectives

  • Understand the history of the credit card industry and complexity of it with different players operating differently.
  • Credit Card Surcharging Rules
  • Understand the merchant account fee structure a little in detail.
  • Learn the dynamics of the fee amounts driving higher or lower.
  • Learn about the errors, inflated fees & hidden charges in credit card processing.

About Presenter

Jeremy Layton started Verisave back in 2001 with the service of identifying and collecting overpayments made by their customers to their suppliers. In 2010 Jeremy noticed that most of his customers were paying a lot of money to process credit card payments. After digging a little deeper, he found that most of his customers were actually paying much more than they needed to and Jeremy was determined to help them reduce these fees. Over the past 10 years Jeremy has become an expert in all things relating to the credit card processing industry. In fact, Verisave saved its customers over $30 million on credit card processing fees.

Verisave is a seasoned auditing company that helps organizations identify and eliminate excess merchant processing fees. Since 2002, the Verisave team has served clients throughout the United States in a variety of industries by providing clarity and transparency in a complicated area of business. Our team of processing industry experts brings experience and knowledge to the table with one goal–to identify and implement measurable savings for your business.

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).

Reviews

4.4
(252)
56%
31%
9%
1%
3%
  • JF
    JOHN FATTORI , CPA
    Oct 31st 2019
    Five Star. This webinar was very informative. I was not known to the ways we can save the surcharges on our credit card. It was fantastic. Along with that the initiative of 1 Credit = 1 meal taken by myCPE is highly commendable.
GA
Greg Arend , CPA
Jeremy is an excellent presenter. He is very knowledgeable and also has great communication skills. He made full use of the time available while still managing to field and answer all the queries.
VB
Veronica Burba , CPA
good insights provided on credit card surcharging issues. Also, the content was presented in such a way that it was easy to understand.
YB
Yvonne Blewett , CPA
This new content was interesting. Great slides, examples and video. The instructor was an effective speaker, and extremely knowledgeable. Effective tips were given on saving credit card surcharging.
RF
RENATO FABIANO , CPA
What i thought that this is a difficult concept to grasp but Jeremy's explanation made it very easy to understand. With the help of this information, though, I finally feel like I understand the basic credit card surcharging structure and how to save surcharges. Thanks for sharing this well thought out explanation!"
KK
Kumani Kee
I thank you for this website and speaker because they both have contributed to my knowledge. Excellent material! This helped me in revisiting the concepts again. Thank you very much.

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

upcoming Live CPE Webinars

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Monday, March 02, 2020 | 10:30 AM EST View Details/Register
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Monday, March 02, 2020 | 12:00 PM EST View Details/Register
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Monday, March 02, 2020 | 12:00 PM EST View Details/Register
TAXATION FOR CANNABIS INDUSTRY (IRC 280E, Types of Entities, Opportunity Zones, 199A, R&D Credit etc.)
Monday, March 02, 2020 | 02:00 PM EST View Details/Register
ACCOUNTANTS & CPA FIRMS - 4 STEPS TO GAIN, RETAIN & EXPAND HIGH VALUE CLIENTS
Monday, March 02, 2020 | 04:00 PM EST View Details/Register
TAXATION OF PONZI CLAWBACKS & TAX REFUND FROM PONZI
Tuesday, March 03, 2020 | 11:00 AM EST View Details/Register
Why Put a Canary in a Coal Mine? - Measure what matters
Tuesday, March 03, 2020 | 12:00 PM EST View Details/Register
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Tuesday, March 03, 2020 | 02:00 PM EST View Details/Register
CIRCULAR 230 ETHICS (UPDATED 2019)
Tuesday, March 03, 2020 | 02:30 PM EST View Details/Register
TAXATION OF US EXPATRIATES: TAX YEAR 2019
Tuesday, March 03, 2020 | 03:30 PM EST View Details/Register
Email security for the small firm
Wednesday, March 04, 2020 | 09:00 AM EST View Details/Register
MAXIMIZE YOUR SAVINGS POTENTIAL THROUGH HEALTH SAVINGS ACCOUNTS (HSAS)
Wednesday, March 04, 2020 | 10:30 AM EST View Details/Register
Measuring and Managing Customer Profitability
Wednesday, March 04, 2020 | 12:00 PM EST View Details/Register
SEC Enforcement of Accounting and Reporting Regulation
Wednesday, March 04, 2020 | 01:00 PM EST View Details/Register
  • Cost FREE
  • CPE Credits 1
  • Subject Area Business Management and Organization
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? CFO/Controller Business Owner Others QB Pro Advisor CPA - Small Firm CPA - Mid Size Firm Accounting Firm Young CPA
  • Handout Material Download

upcoming Live CPE Webinars

Lucrative Real Estate Tax Strategies
Monday, March 02, 2020 | 10:30 AM EST View Details/Register
QuickBooks: Setting Up a Chart of Accounts
Monday, March 02, 2020 | 12:00 PM EST View Details/Register
PRE-IMMIGRATION TAX PLANNING STRATEGIES
Monday, March 02, 2020 | 12:00 PM EST View Details/Register
TIMESHEETS.COM: EASILY TRACK BILLABLE TIME & EXPENSE THAT SEAMLESSLY INTEGRATES QUICKBOOKS DESKTOP & ONLINE
Monday, March 02, 2020 | 12:00 PM EST View Details/Register
TAXATION FOR CANNABIS INDUSTRY (IRC 280E, Types of Entities, Opportunity Zones, 199A, R&D Credit etc.)
Monday, March 02, 2020 | 02:00 PM EST View Details/Register
ACCOUNTANTS & CPA FIRMS - 4 STEPS TO GAIN, RETAIN & EXPAND HIGH VALUE CLIENTS
Monday, March 02, 2020 | 04:00 PM EST View Details/Register
TAXATION OF PONZI CLAWBACKS & TAX REFUND FROM PONZI
Tuesday, March 03, 2020 | 11:00 AM EST View Details/Register
Why Put a Canary in a Coal Mine? - Measure what matters
Tuesday, March 03, 2020 | 12:00 PM EST View Details/Register
Annuity Basics with 2020 updates
Tuesday, March 03, 2020 | 02:00 PM EST View Details/Register
CIRCULAR 230 ETHICS (UPDATED 2019)
Tuesday, March 03, 2020 | 02:30 PM EST View Details/Register
TAXATION OF US EXPATRIATES: TAX YEAR 2019
Tuesday, March 03, 2020 | 03:30 PM EST View Details/Register
Email security for the small firm
Wednesday, March 04, 2020 | 09:00 AM EST View Details/Register
MAXIMIZE YOUR SAVINGS POTENTIAL THROUGH HEALTH SAVINGS ACCOUNTS (HSAS)
Wednesday, March 04, 2020 | 10:30 AM EST View Details/Register
Measuring and Managing Customer Profitability
Wednesday, March 04, 2020 | 12:00 PM EST View Details/Register
SEC Enforcement of Accounting and Reporting Regulation
Wednesday, March 04, 2020 | 01:00 PM EST View Details/Register