Every quarter, Audit Advantage sends you industry updates and recent developments. Navigating the credit card processing world can be challenging, that’s why it’s important to have an advocate and an expert on your side. Audit Advantage is revolutionizing the processing world by demanding lower processing fees for our customers and helping them validate PCI compliance.
Processors becoming more reluctant to reduce processing fees
Audit Advantage helps merchants lower their processor markup by 30-40%. Recently, credit card processors have become more and more resistant to offering merchants a fair program. More than ever, merchants need a cost reduction expert on their side in order to achieve the greatest amount of savings.
How much does a data breach cost your organization?
Did you know that some businesses end up paying up to $4 million after a data breach? This number emphasizes the importance of validating PCI compliance. Unfortunately, some organizations don’t realize how much damage a data breach can inflict on your business. In fact, 60% of small/medium sized businesses closed their doors 6 months after a breach.