Audit Advantage has a new look!

Please welcome the new look of Audit Advantage. For a long time, our customers have come to recognize the Audit Advantage stoplight logo. Our original MONITOR program helped customers identify payment processing savings with a unique ‘stoplight’ approach. Our product offering has grown over the last few years, and we needed a logo that would
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Credit Card Brands Postpone April 2021 Interchange Increases

The credit card brands (i.e. Visa, MasterCard, Discover and American Express) increase interchange and brand fees in April every year. Last year the major card brands decided, amid the COVID-19 pandemic, to postpone changes to interchange and brand fees until April 2021. As a result, the slated increases for April 2021 were quite extensive. In
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Top 5 Reasons To Validate PCI Compliance

For many merchants, Payment Card Industry (PCI) compliance can be a frustrating and cumbersome process. In fact, many merchants give up, or avoid PCI compliance all together. Not only does this result in thousands of dollars lost to PCI non-compliance fees, it could leave a business at risk of a credit card breach. Additionally, PCI
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Top 3 Areas Your Processor Is Padding Their Profit

Audit Advantage auditors have seen the disturbing trend of credit card processors ‘padding’ legitimate fees on your credit card processing statements. This article will cover the top 3 areas that processors will disguise additional profit that you may be unaware of.   As most merchants know, your credit card processing fees are a combination of
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Every merchant should be using a processing consultant

Credit card processing fees are one of the most under-looked areas to lower your operating business costs. As your organization grows, it’s more important than ever to pay attention to the fees you are paying. Business professionals look to experts for advice in many areas of their business. Accountants help you with your finances and
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Audit Advantage PCI + Cyber outperforms the competition

Audit Advantage PCI + Cyber offers a comprehensive PCI and cyber security management service that can help any size merchant achieve PCI compliance and protect their business against cyber security threats. Most merchants don’t want to deal with the headache of validating PCI compliance. The process can be overwhelming and confusing at times. Audit Advantage
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  • Published in PCI
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The Components of Credit Card Processing Costs

Credit card processing fees are confusing. It can be difficult to understand where your money is going. Processors are always looking to make more profit at your expense by hiding fees and increasing costs. In this article we’ll explain the 2 major components of your credit card processing costs; giving you a better understanding of
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How to avoid Interchange downgrades

How to avoid Interchange downgrades Interchange rates are the underlying credit card processing costs associated with the transfer of funds between the credit card processor and the bank that issued the credit card used by your customer. There are hundreds of different Interchange categories. Each of these categories applies to the type of card being
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PCI Compliance Questionnaire Summary

Use the following table to confirm that you are completing the correct PCI questionnaire. If you have any questions about Payment Card Industry (PCI) compliance, please contact the professionals at Audit Advantage by calling 877-799-2720 or by email at info@getauditadvantage.com. SAQ Validation Type Description # of Questions ASV Scan Required? A Card-not-present merchants: all payment
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Test your payment processing knowledge with the Audit Advantage Challenge

Every month, Audit Advantage reviews hundreds of credit card processing statements and identifies thousands of dollars in overages. Merchants are always curious to test their understanding of the complex array of credit card processing fees. When you use Audit Advantage, you don’t have to waste your time becoming an expert on credit card processing costs,
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