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Credit Card Surcharging Has Evolved and is Worth Considering

CREDIT CARD SURCHARGING HAS EVOLVED AND IS WORTH CONSIDERING

Cost Free
Presentation Length 1.0 hour

Recorded DateNovember 9, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

Every time a business accepts a credit card payment, that business must pay a set of processing fees. Credit card surcharging is the act of passing along these fees to the customer. In years past, surcharging has been fraught with legal hurdles and public disfavor, but much of that has changed. Today, surcharging is more common and more favorable than ever, but it still carries some serious potential risks.

In this webinar, experts from Verisave will discuss the rule changes and some of the crucial technologies that have made surcharging a much more viable way to recoup processing fee costs.

Learning Objectives:


  • Identify the basics of processing fees and surcharging

  • Recognize the benefits and risks of surcharging

  • Give examples of best practices for implementing a surcharging program

  • List additional options for reducing processing fees overall

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Jeremy Layton started Verisave back in 2001 to identify and collect 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 paying much more than they needed to, and Jeremy was determined to help them reduce these fees. Over the past ten years, Jeremy has become an expert in all things relating to the credit card processing industry. Verisave saved its customers over $30 million on credit card processing fees.

About Our Presenter

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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.