PROBLEMS/SOLUTIONS

 
Problem with the processors
 
Solution 
Monify Monthly monitoring

No regulation at the processor level and processors are free to charge whatever they can get away with. 

 

 

We will analyze every line item on your statement, uncover all unnecessary fees and then monitor your account every month. Processors will add/hide new fees to make more money. It’s our job to catch them.

Hundreds of fees, multiple pricing models, confusing statements, lack of transparency, with No Rules.

Our “in-house” analysts are trained to breakdown the most complex statements into our easy to understand “report card” that grades your statement in 11 categories from hidden fees to excessive mark-ups.

As your processor's cost of business goes up, so do your rates without you knowing. 

Our monthly monitoring program checks every line item on your statement every month and will detect any added increases.

Inflated interchange fees

Audit fees 

Conversion fees

Over the limit fees

Excessive transaction fees

Discount rate fee charged on refunds

Bill back fees

Quarterly compliance fees

Statement mailing fees

Quarterly PCI-non validation fees

Merchant Saving Program

Non class A terminal support fees

Online reporting fees

Hidden fees

Junk fees

Statement fees

Contract fees

IRS report fees

PCI/Non PCI fees

Regulatory production fees

Annual fees

Debit access fees

Pin debit fees

Interchange clearing fees

File fees

Security fees

 

YOUR RATE

YOUR RATE
IS JUST THE
TIP OF
THE ICEBERG

WE UNCOVER
ALL OF THE FEES
YOU DONT SEE

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