MERCHANT ACCOUNT NIGHTMARES: THE SHADY WORLD OF CREDIT CARD PROCESSING FEES

4.5 (798)

Jeremy Layton, BA (Business Finance)

Verisave

  • CPA
  • CPA(Canada)

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Before starting this self study program, please go through the instructional document.

Overview

  • Our Background2 mins
  • Top acquirers processing bank10 mins
  • An alternative format of reporting24 mins
  • Why do companies change processors?30 mins
  • What your staff need to be adapt at?40 mins
  • Grading your account47 mins

Course Description

Merchant services, like payment processing, are vital for businesses today. Whether you’re a brick and mortar business or you conduct most of your business on the world wide web, the ability to accept multiple forms of payment enables you to remain competitive in today’s global economy, as well as locally in your community. In-spite of being so vital, every merchant is probably a little unhappy about the fact that they have to go through the hassle and expense of setting up a merchant account just so their customers can use credit cards. Having to pay the credit card processing charges every time a customer uses a card makes it even worse.

Deceptive statements, hidden fees, and broken promises are all too common in the world of credit card processing. The industry is notorious for taking advantage of merchants. If your business processes credit card payments from customers and clients on a regular basis, this webinar will help you to: 

  • Identify how much you are being overcharged on your processing fees.
  • Identify whether you're being gouged or, more rarely, getting a square deal.
  • Identify the hidden fees in credit card processing services. 
  • Various ways of saving dollars your credit card processing free

Learning Objectives

  • To examine several common merchant account statements and show you where the excess fees are hiding
  • To discuss the risks and pitfalls of going out to bid for your credit card processing business
  • To highlight the proper approach to managing an efficient merchant account

Who Should Attend?

  • Finance Pros
  • Bookkeeper
  • Accountant
  • CFO/Controller
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • CPA - Large Firm
  • Accounting Firm
  • CPA (Industry)
  • Tax Firm
  • Young CPA
  • Entrepreneurial CPA
  • Tax Accountant (Industry)
  • Senior Accountant
  • VP Accounts
  • Cloud Firms
  • Accounting Managers
  • Staff of Accounting Firm

Testimonial

4.5

(798)
62%
31%
7%
1%
0%

CS

Great session

TK

Great video and great easy topic!

JR

Great information

SC

It was a great overview of a topic I know nothing about. Good information.

DT

Excellent

KA

very helpful!