Understanding Your Merchant Statement
It’s the end of the first week of the month, you are sorting through mail, and you see your merchant statement.
If you’re like 95% of business owners, you toss it to the side.
We know that when you look at a merchant statement, it can look like it is another language. Especially when you have a passthrough account.
Having a passthrough program means that we pass interchange (fancy word for cost from Visa/MasterCard/Discover) from your credit card transactions on to the merchant and charge a small fee (usually less than 1%) on top.
The bad news is there are a lot of fees associated with interchange and this can make the statement confusing to read.
The great news is that you have world-class support just a phone call away to help make sense of your statement. We’ve got about 100 years of combined experience. We are here to help you problem-solve and provide solutions to get your business where you want it to go – faster.
Ready to partner with a company that cares about your business? Click here and we will be in touch.