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Have you taken a close look at your merchant account statements? Merchant account fees can seem overwhelming, but they don\\u2019t have to be. In today\\u2019s episode, Maria will discuss how you can optimize your merchant account, get the best rates possible, and how and when to negotiate with your payment processor. Knowing your numbers and understanding the variables you have control over can save you thousands of dollars. So grab your most recent account statement and listen up. With Maria\\u2019s simple tips, your business can begin saving money today. 

\\u201cYou have to know your numbers; you have to know what you\\u2019re being charged. It\\u2019s important for you to know that reconciliation is key.\\u201d 

~ Maria Sparagis

In This Episode:

- Why it\\u2019s good to scrutinize your monthly statements

- Understanding the discount rate 

- Why Interchange Plus pricing model is beneficial for you

- Transaction fees you should look out for

- PCI Compliance fee and non-compliance fee

- How your MCC code significantly impacts your Interchange fees

- Integrating anti-fraud measures can save you lots of money

- How much in reserves should you pay 

- Why you should do a thorough reconciliation

Connect with Maria:

- Maria Sparagis Website: http://mariasparagis.com

- DirectPayNet Website: https://directpaynet.com

- LinkedIn: https://www.linkedin.com/in/mariasparagis

- Facebook: https://web.facebook.com/directpaynet

- Instagram: https://www.instagram.com/directpaynet

- Twitter: https://twitter.com/mariasparagis

- Pinterest: https://www.pinterest.ph/directpaynet