Many businesses accept credit-card and ACH payments without fully understanding how much they could save. Merchant fees can quietly eat into profits, yet few companies take the time to review statements or benchmark costs. Business Solutions Group specializes in uncovering hidden levers to reduce fees, helping businesses save without compromising service.
Understanding Your Current Costs
Credit-card and ACH processing fees are more complex than they appear. Beyond the base interchange fees, businesses pay markups, gateway charges, and other miscellaneous fees. Without a clear understanding of your “true rate,” you may be overpaying substantially.
The Cost of Overlooking Small Details
Even small inefficiencies—such as not categorizing transactions correctly or sticking with an outdated pricing model—can result in thousands of dollars in wasted fees annually. For example, card-not-present transactions typically carry higher fees than card-present transactions, yet many businesses do not optimize for this distinction.
How BSG Can Help
Business Solutions Group provides a no-cost benchmark/savings analysis, allowing businesses to compare current processing fees against industry standards. With over a decade of experience, BSG identifies areas for improvement, negotiates better rates with carriers, and implements optimized payment strategies tailored to each business.
Steps to Reduce Fees
- Review your statements carefully – Examine every line to understand what you’re paying.
- Categorize your transactions – Identify card-present vs. card-not-present vs. ACH.
- Compare rates to benchmarks – Ensure your rates align with industry standards.
- Leverage technology – Use reporting and analytics tools to monitor performance.
- Partner with experts – Work with BSG for tailored recommendations and continuous optimization.
Merchant fees don’t have to be a mystery. By carefully analyzing costs and strategically optimizing your payment processing, your business can save money while maintaining seamless operations.
Contact BSG today for a no-cost savings analysis and uncover the hidden levers in your payment process.
