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Q2-2020 Industry Updates

by / Tuesday, 21 July 2020 / Published in Tips
Rising Fees

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 as businesses begin reopening:

  1. Inflated Interchange rates and pass-through fees
  2. Downgraded transaction costs and increased Integrity Fees
  3. PCI Non-Compliance Fees

Our processing experts are always identifying new ways that your processor is trying to take money out of your pocket. Keep using Audit Advantage to ensure that you have the best program possible.

If you know someone that is interested in saving money, tell them to contact us. You could make up to $150 for your referral!

Phone: 877-799-2720

Email: [email protected]


Phishing and Malware attacks pose one of the greatest threats to cyber-security during COVID-19

pci-network-vulnerability-scan
Cyber-attacks during the COVID-19 pandemic have increased by 400%, according to the FBI.

Our PCI/cyber-security partners at Security Metrics, have prepared a brief and informative podcast addressing this topic. During their presentation, key members of the security team will discuss:

  • Recent phishing and malware attacks happening around the world
  • How to recognize phishing schemes and malware scams
  • Ways to keep your information safe and protected

Click here to watch the Podcast!


During COVID-19, Audit Advantage users saved thousands more than their peers

creadit-card-processing-cost
Congratulations for making the choice to use Audit Advantage. During Q2-2020, the average Audit Advantage merchant saved $2,539 when compared to merchants that did not use Audit Advantage.

If you know anyone that could benefit from lower costs, please introduce them to Audit Advantage. You can make $150 for every business you refer to Audit Advantage.

Please contact us to learn more!

Phone: 877-799-2720

Email: [email protected]


What our customers are saying…

util
“We are beyond impressed with Audit Advantage. Time after time, Audit Advantage does a great job of delivering savings for our customers. We appreciate the time and dedication they have shown.”

Bill Kurtzner, Managing Partner, UtilAuditors

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