Q3 – 2022 Quarterly news and updates
Wednesday, 05 October 2022
Credit card processing fees are confusing by design. It can be difficult to understand what you are paying for. Processors payid pokies no deposit bonus are always looking for ways to make more profit at your expense by hiding fees and increasing costs. In this article we will explain the 2 major components of your
- Published in Cost Reduction and Containment, PCI
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Q2 – 2022 Quarterly news and updates
Friday, 23 September 2022
The PCI Security Standards Council (PCI SSC) has issued a new version of their technical and operational standards to protect payment data. PCI DSS v4.0 replaces version 3.2.1. These changes aim to meet the evolving security needs of the payment industry, promote security and a continuous process, increase flexibility and improve procedures for organizations using
- Published in Cost Reduction and Containment, PCI
Q1 – 2022 Quarterly news and updates
Friday, 23 September 2022
For the last couple years, many businesses have struggled to survive the COVID pandemic. As the state of our economy improves, credit card processors are implementing widespread fee increases. Merchants that don’t use Audit Advantage will see their credit card processing costs increase substantially; losing $1,000’s. Make sure you stay enrolled in Audit Advantage to
- Published in Cost Reduction and Containment, PCI
Q4 – 2021 Quarterly news and updates
Friday, 23 September 2022
One of the most common things we hear from merchants is that they are not monitoring their credit card processing statements or their fees each month. Credit card processing fees can be confusing. Understanding the legitimacy and accuracy of all the fees on your statement is an impossible task without the right expertise. Additionally, processors
- Published in Cost Reduction and Containment, PCI
Q3 – 2021 Quarterly news and updates
Friday, 23 September 2022
PCI compliance can be a cumbersome and time consuming process. For years, merchants have suffered from avoidable non-compliance fees and placed their business at risk to a devastating data breach. Here are the Top 5 Reasons why you should avoid your processor’s self-service PCI program and stick with Audit Advantage PCI + Cyber: They don’t always
- Published in Cost Reduction and Containment, PCI
Q2 – 2021 Quarterly news and updates
Friday, 23 September 2022
For years, merchants have been under the assumption that corporate, business and purchasing cards are expensive to process. What most merchants don’t realize, is there are ways to qualify for better rates on these cards. B2B transactions don’t have to cost you more! Collectively, these types of cards are referred to as “commercial cards”. Even
- Published in Cost Reduction and Containment, PCI
Q1 – 2021 Quarterly news and updates
Wednesday, 28 April 2021
Audit Advantage has a new look! 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 take
- Published in Cost Reduction and Containment, PCI
Credit Card Brands Postpone April 2021 Interchange Increases
Tuesday, 27 April 2021
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
- Published in Cost Reduction and Containment, Tips
Top 3 Areas Your Processor Is Padding Their Profit
Friday, 12 February 2021
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
- Published in Cost Reduction and Containment, Tips
Q4-2020 Industry updates from Audit Advantage
Tuesday, 02 February 2021
Podcast: 5 Things You Can Do NOW to Prevent Cyber Attacks The current online landscape is vast and complex. Employees are working from home and customers are shopping online. Companies are facing new challenges and hackers know it! Our PCI partners at Security Metrics have prepared an informative podcast that discusses the online threats and
- Published in Cost Reduction and Containment, PCI
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