Top 5 Reasons To Validate PCI Compliance
Friday, 26 March 2021
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
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
Every merchant should be using a processing consultant
Thursday, 28 January 2021
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
- Published in Cost Reduction and Containment, Tips
Audit Advantage PCI + Cyber outperforms the competition
Monday, 21 December 2020
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
- Published in PCI
The Components of Credit Card Processing Costs
Tuesday, 15 December 2020
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
- Published in Tips
How to avoid Interchange downgrades
Wednesday, 25 November 2020
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
- Published in Tips
Q3 – 2020 Industry Updates
Thursday, 15 October 2020
How does your processor compare to the competition? Audit Advantage audits hundreds of statements each quarter, and we are always comparing the costs between processors. Have you ever wondered how your processor compares to the competition? Please contact us to find out how your processor stacks up. If you know someone that is interested in
Q2-2020 Industry Updates
Tuesday, 21 July 2020
Processors are beginning to raise fees now that businesses are reopening The COVID-19 pandemic has caused many businesses to temporarily close their doors. As these businesses begin to reopen, we are seeing credit card processors begin to increase costs and add new ‘junk’ fees. These are the Top 3 areas our analysts will be monitoring
- Published in Tips
Q1-2020 Industry Updates
Tuesday, 21 July 2020
During COVID-19, merchants need Audit Advantage more than ever Processors are always looking for ways to increase their profits. The current economic conditions surrounding the coronavirus pandemic are motivating credit card processors to squeeze more profit out of merchants like you. Here are the top 3 reasons why merchants need Audit Advantage now: Our analysts
- Published in PCI