Statement Analysis

Merchant pricing & statement analysis go hand -in- hand. You must have a basic understanding of merchant pricing structures to analyze a merchants credit card processing statement and be able to make any sense of it. Every processor has their own unique statement, while many processors work with the same back-end network, like TSYS, First Data, Global, Heartland or Elavon which gives statements a familiar layout. 

When analyzing a merchant statement or completing a cost comparison or savings proposal, you must know where to find the key components of the merchants pricing structure. 

Highlights:

• Discount Rate / Qualified Discount Rate

• Mid-Qualified Discount Rate

• Non-Qualified Discount Rate

• American Express Rates and Fees

• Per Transaction Fees

• Per Authorization / Network Access / WATS Fees

• Pass Through Association Fees 

• Card Brand Assessments

• Interchange Detail

• Monthly Service / Statement Fees

• PCI and Other Regulatory Compliance Fees

Practice makes perfect with statment analysis. Join our weekly live calls on Tuesday afternoons to see a new statement presented every week. Access our on-demand statement library to understand other provider's statement layouts, what to watch out for and where to locate key pricing components.