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Savings of a merchant - Statement Audit
The most accurate way for us to determine what the savings of a merchant would be is to provide the merchant with a cost-comparison based on a statement audit. Many of the parameters that affect your overall effective rate cannot be determined simply by knowing what your current qualified rate is or providing you with a general quote.Providing us with your processing history of your merchant account business allows us to determine what types of cards you are taking, what your downgrade rates are, if you have an unusually high number of downgrades, if you're using faulty equipment that isn't submitting all of the necessary information, and many, many more factors that affect your rate that can only be determined by reviewing processing statements.
If you are interested in obtaining an in-depth breakdown of your statements for your company’s financials, Premier also provides 3rd party statement audits. Often, Premier is able to locate and identify fees that were overlooked, miscalculated or misunderstood. This is due to the confusing format of many processors’ merchant statements. If it is important to you to understand your merchant account statement better we would be happy to assist you.
Please fill out the form below and one of our Statement Analysts will contact you within 24 hours.
We will need to be provided with a minimum of 2 months past processing statements to provide you with a statement audit. Please do not fill out the form below if you do not wish to provide Premier with copies of your statements.
Please do not fax your statements until you have been contacted by one of our rates analysts. Please expect to be contacted within 24 to 48 hours of completing this form.
All Statement Audits are confidential.
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Premier Payment Systems
2625 Butterfield Rd
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Oakbrook, IL 60523
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