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Payment Processing

The Payment Industry is Complex. We Make it Simple.
Payment Industry Processing

At VeriProcess, we help organizations that accept credit card payments reduce their payment processing expenses by identifying and correcting areas of overspend with merchant service providers. Find out how we reduce payment processing expenses.

Our role as a merchant advocate and our expense reduction services do not require you to change your existing merchant service provider. Our experience and expertise in the payment industry puts the power in your corner when navigating the complexity of payment processing, and our results-based fee model incents us to deliver maximum savings.

Payment ProcessingPayment Industry Postings

Throughout time, people have produced goods or services in exchange for payment. What started as a bartering system has evolved into a complex and technical process, involving multiple financial institutions and businesses, numerous forms of currency, and a complex technical process. Payment processing in the current environment may appear simple from the transaction process, but there are many variables that contribute to a complex system.

This is a list of topics and search terms that generate questions around credit card processing.

Top Merchant Service Providers
There are thousands of merchant service providers, re-sellers, and ISOs. Rating one particular company as the top merchant service provider is impossible due to the variance in pricing, products, and business needs. Be vary of merchant provider review sites offering recommendations, as the feedback may be biased.

These are some common terms used when searching for top rated merchant service providers:
Top Credit Card Processing Companies
Top Merchant Service Providers
Top Ten Reviews Credit Card Processing
Top Payment Processing Companies
Merchant Account Ratings
Merchant Account Reviews
Credit Card Processing Review
Credit Card Processing Companies Reviews

Credit Card Rates and Fees
The credit card rates and fees charged for payment processing will vary based on the merchant service provider, credit card type, business and services or products sold. While there are thousands of merchant service providers, there are only a few types of payment processing plans; each with their own designated processing fees. Tiered or Bucketed Pricing, and Interchange Plus or Cost Plus Pricing are the most common payment processing plans.

These are some common terms used when searching for credit card rates and fees:
Credit Card Processing Fees Comparison
Credit Card Processing Fees
Credit Card Processing Rates
Credit Card Terminal Fees
Merchant Account Fees
Merchant Fees Credit Cards
Merchant Service Fees

Payment Interchange Settlement
Any person, business or other entity that accepted Visa or MasterCard credit or debit cards in the U.S. at any time between January 1, 2004 and November 28, 2012 may be eligible to receive a payment from this settlement.

These are some common terms used when searching for the payment interchange settlement:
Interchange Fee Settlement
Credit Card Fees Settlement
Credit Card Interchange Settlement
Visa Mastercard Interchange Fee Settlement
Visa Mastercard Interchange Settlement

 

One of our goals at VeriProcess is to develop more informed, knowledgeable merchants, as we believe the more you know, the better you can drive your business toward greater efficiency and financial success. Of course, you don’t have to understand all the intricacies of the payment industry – that’s our job.