Thursday, September 11, 2014

Merchant Guard ON YOUR SIDE

We're OFF to San Diego!  One of the things we love about this type of biz is we are self-employed, whiich this weekend means a few days meeting great folks by the sea with a nice tax deduction.  (Check out the relevant section of IRS.gov!)

*************

FROM THE EVER-VIGILANT AVITA to the Harringtons regarding one of their submissions:

As you can see this merchant is doing an extremely low amount. 
They processed 423.23 total. 
On this particular statement they paid 146.86 which is outrageous! 

They paid 35% in fees. Average is 2-3%

They were charged a $79 PCI fee that is one of the reasons it is soo high. 
If you take off that fee they would have been charged about $64.
They are on 0% rate over visa/mc/disc.

We can save them the batch fee which is 25 cents so we can save them $7.25 plus if you take the $79 divide it by 12 it is $6.58.

So total we would have saved them is about $14 doesn't seem like much but when your only paying $64 it is 21%! Plus you will be saving them on the annual fee. NAB usually has a contract so just make sure they are not still in it so they can have a smooth transfer. Being that they are such a small account I would hate to see them have to pay an ETF.

Reminder they are taking PIN DEBIT so they will have to either swap out their terminal for $25 or purchase one for $100.

I have attached the application for you. 

Please let me know if you have any other questions.


Thank you,
Avita Pizano

*****************

No account too large or too small for MG to be on their side and save them money!

****************

Is our parent EPI awesome?  Here's a happy merchant:








1 comment: