About Verisave

Verisave is a cost reduction firm specializing in credit card processing fees and merchant account consulting.

Our purpose: to reduce the average credit card processing fees for merchants by 10-30% — WITHOUT having to switch away from current processors, and without having to change business processes or customer experience.

We are not a processor.

We help clients increase profitability by reducing their operational costs with zero risk, zero upfront expense, and zero disruption.

From small businesses with a single payment channel, to enterprise organizations with a complex payment stack and custom integrations, Verisave significantly reduces client payment costs and brings much-needed transparency to the merchant account.

The Inside Sales and Operations Teams meet at Verisave’s Salt Lake City Offices, January 2024.

Our Story:

Verisave started in 2002 as JTP Audit, an accounts payable auditing firm. 

Founder Jeremy Layton quickly realized: every one of his clients was being overcharged for credit card processing fees — and nobody knew how to correct the problem.

Jeremy set out to gather a thorough merchant account expertise, while building inroads with processors, banks, and industry insiders. Over the next several years, Verisave had become the leading expert in credit card processing fees, and had compiled a vast database of industry fee benchmarks (which Verisave still maintains, expands, and updates to this day).

The Verisave team has served clients big and small, throughout the United States, and across a variety of industries. By providing clarity and transparency in a complicated area of business, and by knowing how to fix account setup errors and misapplied fees, Verisave brings significant money back to its clients. 

The process starts with a complimentary merchant account analysis, an outline of account optimization opportunities, and a meeting to determine if Verisave can bring meaningful savings. If the client elects to have Verisave pursue any of the savings opportunities, the Verisave implementation team does all of the heavy lifting, involving the client only when necessary.

Verisave never has any upfront fees, and does not generate any added expense for clients. Verisave is paid by gain-share: they only bill for a portion of recognized savings, AFTER those savings have been realized, so every client is guaranteed a cost reduction.

Verisave offers multi-year engagements so that the client is well-informed as to merchant account trends, has access to detailed reporting, and remains proactive in the face of constant industry rate updates.

Verisave Leadership Team

Jeremy Layton

Jeremy Layton
CEO and Founder

Jeremy Layton founded Verisave in 2002, originally as an accounts-payable audit firm. Recognizing a widespread need for credit card processing fee expertise, Jeremy evolved Verisave into what it is today: the foremost merchant account management resource in the United States.

Kent Low

Kent Low
COO and Implementation Lead

Kent Low leads the Verisave Implementation Team, which is tasked with optimizing merchant account setups, and navigating the processor and technology landscapes, to bring significant cost reductions to Verisave clients.

Bryan Auernig

Bryan Auernig
VP Sales and Strategic Partnerships

Bryan leads a team of merchant account experts who help businesses identify critical solutions for their payment stack, to achieve optimal cost reductions within their processing fees. He also manages partnerships with industry technology and solution providers, and Private Equity firms.

Brandon Ayers

Brandon Ayers
Head of Analysis

Brandon’s team analyzes client merchant statements to identify every facet of the fee structure. By highlighting sub-optimal rates, and providing detailed reporting, the Analysis Team helps clients effectively manage their merchant accounts

Ethan Lawless

Ethan Lawless
Client Experience Lead

Ethan works directly with clients once the cost reduction implementation has been completed, to ensure a proactive ongoing approach to merchant account management, and timely problem solving in the face of constant industry change.

Joe Wise

Joe Wise
Head of Marketing

In addition to standard marketing processes, the Verisave marketing team maintains a thorough payments industry knowledge-base, creates and publishes educational content, and collects client case study data.

How to reduce your credit card processing fees:

Verisave offers cost-reduction, simplified. Without any time investment, disruption, risk, or upfront fees, we can easily bring 10%-30% of your credit card processing fees back to your bottom line. 

No need to change processors, and no need to add a project to your team’s workload.

Strategy

We dissect and analyze every fee on your merchant account to find all viable savings tactics, re-classifications, and hidden discounts.

Optimization

We apply these tactics to your existing merchant account, implementing all savings for you. We do all of the work.

Monitoring

We monitor the account every month to ensure your fees do not increase over time, and that any annual rate updates are minimized or avoided.

What to Expect