Content Provider
Verisave logo

Self-Study CPE
SHIFTING YOUR MINDSET: HOW TO GROW AND SCALE A MODERN ACCOUNTING FIRM
View Details/Register
A CONTROLLER'S GUIDE TO ASSESSING THE RISK OF YOUR ORGANIZATION
View Details/Register
ASSESSING THE RISK OF YOUR ORGANIZATION: MANAGING RISK & BASIC POLICIES
View Details/Register
ASSESSING THE RISK OF YOUR ORGANIZATION: NON-INSURANCE RISK MANAGEMENT ISSUES
View Details/Register
Free cpe webinars
We've Been Deceived: Credit Card Processing Fees Are Out of Control

WE'VE BEEN DECEIVED: CREDIT CARD PROCESSING FEES ARE OUT OF CONTROL

THIS COURSE IS GEARED FOR COMPANIES ACCEPTING OVER $50K PER MONTH IN CREDIT CARD PAYMENTS (AND THE FIRMS THAT ADVISE THEM)
Available Date(s)
Wednesday, September 22, 2021: 5:30PM EDT
Wednesday, October 06, 2021: 10:00AM EDT
Thursday, October 21, 2021: 10:00AM EDT
Wednesday, November 03, 2021: 9:00AM EDT
Wednesday, November 17, 2021: 9:00AM EST
Wednesday, December 01, 2021: 10:00AM EST

Cost Free
CPE Credits 1.0 hour
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Twice a year, Visa and Mastercard (and sometimes American Express) change the rules about how credit card processing fees are calculated. Sometimes, those changes can make a big dent in your profitability, and the updates that took place in April of 2021 were both drastic and deceitful. 

In this webinar, we will discuss some of the strange tactics the card brands use to increase your merchant account fees and how other parties involved tend to abuse these rule changes. For any business that accepts credit cards, these fees are constantly on the rise. In many cases, those fees can be avoided or reduced with the proper expertise.

Learning Objectives:


  • Determine the nature of the credit card processing industry

  • Recognize the cycle of processing fee updates

  • Summarize the history of interchange and other fee increases 

  • Identify ways in which these fees can be avoided or reduced

Linkedin
Verisave logo

Jeremy Layton started Verisave back in 2001 to identify and collect overpayments made by their customers to their suppliers. In 2010, Jeremy noticed that most of his customers were paying a lot of money to process credit card payments. After digging a little deeper, he found that most of his customers were paying much more than they needed to, and Jeremy was determined to help them reduce these fees. Over the past ten years, Jeremy has become an expert in all things relating to the credit card processing industry. Verisave saved its customers over $30 million on credit card processing fees.

Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Verisave logo
Verisave is a seasoned auditing company that helps organizations identify and eliminate excess merchant processing fees. Since 2002, the Verisave team has served clients throughout the United States in a variety of industries by providing clarity and transparency in a complicated area of business. Our team of processing industry experts brings experience and knowledge to the table with one goal–to identify and implement measurable savings for your business.