Here’s why…have you considered any of these costs in your overall expense?
- PCI COMPLIANCE AND AUDIT EXPENSE
- CHARGEBACK RESOLUTION RESOURCES
- CURRENCY MANAGEMENT COSTS/FEES
- MANAGEMENT OVERSIGHT
- INTEGRATION SUPPORT
- PROCESSOR HEALTH MANAGEMENT
- GATEWAY FEES
- FRAUD SYSTEMS AND RESOURCES
- ACCOUNTING RECONCILIATION COSTS
- REPORTING RESOURCES AND COSTS
- REVIEW OF NEW PAYMENT OPTIONS
Is it the transaction rate all that matters?
As SparrowOne, we think you have been led to believe that the transaction rate from your processor is all that matters. That is why you get hundreds of calls a year trying to get you to review your current rate. Reducing that rate will fix your problem….wrong!
At SparrowOne, we don’t start with your transaction rate. In some situations, that can be less than ½ of your overall payments expense.
This is why a Managed Payments Service platform from SparrowOne is different. Our approach reviews YOUR TOTAL COST – EVERYTHING ABOVE. Instead of saving 20 Basis Points on a merchant statement, how about saving 1% or 100 Basis Points on your total overall payments expense? This approach can create a difference of 10X in savings!
Can we help you?
Let us know if you are interested in a complete payments assessment.