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Verisave Merchant Services Review: Elavon

Elavon for Credit Card Payment Processing

Verisave has years of experience working with merchants who use Elavon’s credit card processing services. Elavon is a part of U.S. Bank’s Payment Services division and works with nearly 1.3 million merchants in the United States. This large credit card processing company processes over three billion dollars in credit card transactions every year.

You can access Elavon services by signing up directly with the company or by going through a third-party reseller. One of their most well-known resellers is Costco Merchant Services. Elavon is one credit card processing company that has adapted well to developing trends in this industry. They offer low-cost plans for smaller retailers and do not impose an early termination fee.

Though Elavon is one of the more transparent credit card processing companies out there, signing up with Elavon could easily result in high start-up fees, high early termination fees, and higher rates altogether if you are unfamiliar with the credit card processing industry. It helps to have a team of credit card processing consultants like Verisave to help you control costs with Elavon.

Products & Services Offered

Most large credit card processors are catered more towards larger companies, leaving smaller businesses with higher rates. Elavon breaks their services down between small business’ and enterprise sized corporations. This has made Elavon a better credit card processing option for a larger variety of businesses.

  • Mobile payment acceptance
  • Online payment acceptance
  • In-person payment acceptance
  • Talech for tablet POS systems
  • NCR Silver for payment acceptance and business management
  • Reporting tools
  • Secured data storage and transfer
  • Handheld POS devices
  • Interchange advisement and optimization

Services for small businesses from Elavon are primarily offered through Converge – a proprietary software company that creates Elavon’s merchant solution tools.

ELAVON MOBILE PAYMENT ACCEPTANCE – Merchants can accept customer payments with their mobile device, either as a substitute for traditional POS stations or as a supplement to help during busy hours, using Converge Mobile. This service also supports chip cards. Elavon’s mobile payment solutions also work with Apple Pay, Android Pay, and Samsung Pay.

ELAVON ONLINE PAYMENT ACCEPTANCE – Converge allows small businesses to accept and process debit and credit card payments, electronic checks, electronic gift cards, and EBT payments online. Information is protected through Converge’s secure payment platform. Elavon’s merchant solutions work with 3d Cart, Shopify, LemonStand, and Volusion shopping carts.

TALECH – Use your tablet as a POS system. They offer a system for restaurants and a system for retailers.

NCR SILVER – This POS system from Elavon allows you to accept payments, track sales, inventory, and hours. You can also perform social media and email marketing campaigns on this device. They offer a system for restaurants and a system for retailers.

ELAVON REPORTING TOOLS – Using Payments Insider, a customer portal for Elavon merchant services, merchants can create customizable reporting tools to help them more accurately see the on-goings of their business. View transactions, chargebacks, retrieval and funding activity.

ELAVON SECURE PAYMENT PROCESSINGS – Fraud and chargeback protection is offered through Safe-t Security Solutions.

ELAVON HANDHELD TERMINALS – These POS terminals accept all payment, offers a merchant display screen and a separate customer display screen (touch screen), a register app, a rechargeable battery, data security, simplified reporting software, 16GB of storage plus a USB port and speaker.

Elavon’s Large Enterprise Specific Tools For Credit Card Payment Processing

ELAVON PAYMENT ACCEPTANCE – With Elavon, you can accept all forms of payment including credit and debit cards, electronic checks, mobile payments, and eCommerce payments. International payment acceptance is also an optional feature with Elavon’s services.

ELAVON FRAUD AND CHARGEBACK TOOLS – Credit card and other payment data are secured through Elavon’s payment platform. Elavon services are PCI compliant.

ELAVON INTERCHANGE ADVISORY AND OPTIMIZATION – Elavon claims to provide tools that help you to make sure you are getting fair interchange rates from the card providers used to purchase your goods and services. We take this with a grain of salt. Afterall, credit card processors (like Elavon) make a profit. Though they may be attempting to save you some frustration, they do not have the same savings incentive as the merchant. Verisave can compare your current rates to our proprietary data developed by working with over 500 companies to see if your savings could be increased. While Elavon’s primary focus is on processing, Verisave’s is on maintaining savings on all levels of processing.

ELAVON MERCHANTCONNECT REPORTING – Elavon has developed more in-depth tools for enterprise sized organizations to create detailed reports for better business management. These tools include Payments Core 365 and Online Case Management.

Elavon offers service packages specifically tailored to the needs of certain industries including healthcare, hospitality (restaurants and lodging), airlines, and the public sector (primarily state and local government, higher education, and utility services).

Merchants can also utilize merchant solutions from Elavon to provide loyalty rewards and programs to their customers.

Having worked with hundreds of companies processing credit payments every day, we can apply our proven savings strategies to your merchant account. Working with Verisave is all the customization you will need for setting up your merchant accounts. If Elavon is not the best option for your business, we will tell you who is. Give us a call before making long-term commitments to any credit card payment processor.

Elavon UI/System Integration

Elavon is fairly simple to integrate into a new business. If you have zero pre-existing merchant tools, it is an easy set up. They offer a useful support tool through BoomTown.

BoomTown, a third-party tech support company, provides local POS installation. If you are having troubles after the installation, they have an excellent video service for walking you through any troubleshooting. This service is available 24/7.

If you have existing tablets or other POS systems, you may need to speak with the sales rep to see which devices you currently own can be integrated with Elavon services.

How Much Will You Be Paying For Elavon Services?

Elavon offers low-cost, flat-rate packaging for small businesses; however, approval and acceptance are subject to underwriting review. The numbers below are a baseline, starting point.

Terminal Offer

  • Card-present transactions: 2.65% + $0.19 per transaction
  • Card-not-present transactions: 3.5% + $0.19 per transaction
  • $10.00 monthly account fee
  • One Ingenico iCT250 terminal ($499.00)

Mobile Offer

  • Card-present transactions: 2.65% + $0.19 per transaction
  • Card-not-present transactions: 3.5% + $0.19 per transaction
  • $10.00 monthly account fee
  • One Magtek aDynamo mobile card reader ($24.99)



Elavon does not disclose their pricing for large corporations. For this information, you will need to speak with a sales rep. Keep in mind that their pricing can be tiered and what you are quoted over the phone will vary based on multiple factors:

  • Your specific industry
  • Your monthly credit card processing volume
  • Your desired tools and package customizations
  • Your credit card industry knowledge and ability to negotiate fair terms

Having worked with Elavon through many of our clients, Verisave has developed proprietary benchmark data that allows access to more savings opportunities. We can help you save money on your overall merchant account fees with Elavon regardless if you are just starting with them or if you have been with them for a long time.  

Consider Elavon’s Contract Length

Elavon has recently eliminated their early termination fee. So even though they have 3-year term contracts, you can technically cancel any time without penalty. But there have been complaints from customers who have canceled their services with Elavon only to continue receiving monthly bills for non-existent services. This problem is typically corrected by speaking with customer service.

Elavon does include an auto-renewal clause in their contract. Providing adequate notice can ensure your contract does not automatically renew at the end of your term.

Verisave customers achieve an average savings of 25%-35% in overall credit card processing fees with an audit from Verisave. If you are interested in Canceling an Elavon Contract, Implementing/Restructuring with Elavon, or Trying to Achieve Savings with Elavon, then speak with a Verisave merchant service expert.

Elavon Sales and Customer Service Reps

Elavon does not have a very user friendly website. Many of their icons link to the same pages while those pages still do not offer as much information as we would like. Our experience working with Elavon has been mediocre as their sales reps vary in how transparent they are with contract agreements and pricing. Elavon proudly claims to have no hidden fees which is true in general terms. But as merchant account auditors, we are well aware of the many miscellaneous fees that creep in.

Elavon’s customer support receives a lot of scrutiny in online reviews and complaints about the company. Many customers have complained that once the contracts are signed and the sale of services are complete, customer support somewhat declines. While other companies offer volumes of online resources, call lines, online chat support, and email, Elavon’s customer service is limited to a phone number and an email address. This is significantly less compared to other credit card processing companies of this size.

Unlike other companies, however, Elavon will assign your merchant account to a designated account manager who has the ability to be more familiar with your account than a random customer service rep in a call center.

Online Reviews of Elavon

Considering the size of the company, Elavon’s BBB account has an expected amount of complaints and nothing close to alarming. As a company, Elavon manages and responds to their complaints which is uncharacteristic of large credit card processing companies.

A primary complaint seen most often online about Elavon is their lack of customer support, as discussed above. More common issues among customer complaints include withholding of funds when accounts have been terminated, high terminal lease fees, and PCI compliance issues.

If you lease a terminal with Elavon, expect a 4-year noncancelable contract.

VERISAVE MERCHANT SERVICES REVIEW

Elavon for Credit Card Payment Processing

As a single source provider, Elavon provides one point of contact for your company.

For your credit card payment processing, Elavon handles each one of these aspects:

  • Transaction Processing
  • Risk and Underwriting
  • Settlement
  • Chargeback Management
  • Reporting
  • Customer Service

This provides merchants more simplicity in handling their payment processing whether it concerns the point-of-sale (POS) configuration, mail-order payments, telephone-order payments, mobile payments, and e-commerce transactions.

Many businesses small and large use Elavon for credit card processing. Verisave merchant account experts are well versed in their products, offered rates across specific industries, common contract practices, and more. Working with Verisave will help you to avoid the common frustrations that customers have expressed in the past. With Verisave, you can expect transparent, measurable savings on overall merchant fees from Elavon.

Stay two steps ahead of the enrollment process with a team of merchant account auditors on your side when enrolling in merchant services with Elavon. With Verisave’s developed proprietary benchmark data on Elavon you gain access to factual savings results that can be applied to your merchant account.

If you are currently using Elavon as your credit card processing company, you can still save money by working with Verisave. Submit your most recent merchant account statement and we will determine whether or not you could benefit from our services after performing a free audit of your account statement.

Verisave Merchant Services Review: TSYS Merchant Solutions

TSYS (Total System Services, Inc.) for Credit Card Payment Processing

Verisave has worked with many companies using TSYS services to lower their overall merchant fees. TSYS is a credit card processor and merchant account provider catered to large corporations with high volumes of credit card processing. They process over one trillion dollars in credit card transactions every year. Small businesses to midsized companies may also use TSYS systems for credit card processing. Additionally some gateways are compatible with the TSYS payment platform.

You can access TSYS services directly through the company or work with a subcontracted ISO.

Your experience will vary depending on who you go through to obtain these services. Some ISO companies can offer lower rates or perhaps better customer service, while others may be more willing to take advantage of their customers.

Products & Services Offered by TSYS (Total System Services, Inc.)

TSYS MERCHANT ACCOUNTS – TSYS provides merchant accounts, allowing merchants to accept credit card payments from their customers. Because they offer merchant accounts and handle the processing, they can be a one stop shop for customer service needs.  .

TSYS PAYMENT GATEWAY – For eCommerce merchants, TSYS provides the necessary payment gateway for authorizing credit card payment transactions. Merchants can utilize TSYS services including retail-card present transaction fees and recurring payment tools that are PCI compliant and PA-DSS certified.

TSYS POS TERMINALS – TSYS offers many POS options for merchants. Their software uses a Windows-based PC. Merchants can choose from the following credit card terminals listed below:

Virtual Terminal  – TSYS offers the software necessary to turn your desktop computer into a virtual terminal. Their virtual terminal is not EMV-compliant.


Verifone VX520

Ingenico iCT250

Ingenico iCT220 CTL

Verifone VX 680

Ingenico iWL250

Ingenico iWL250 3G-GPRS

Verifone VX 805

Ingenico iPP320 PIN pad

Ingenico iPP310 PIN pad

MagTek Dynamag Swiper

Epson ReadyPrint T20 Thermal Printer

mPOS (TSYS Tablet Solution)

TSYS ONLINE CREDIT CARD PAYMENT PROCESSING – TSYS has many merchant solutions for accepting credit card payments online.

  • WebPASS – Their secure virtual payment acceptance solution.
  • MultiPASS – If you have your own POS system, integrate it with a TSYS processing platform using the MultiPASS merchant solution. This allows you to use your current hardware/software. It may not be available for all existing POS systems.
  • TSYS Hosted Payment – This merchant solution allows you to use a TSYS payment platform without interrupting the look and feel of your custom website and branding.

TSYS online credit card processing solutions come with security and fraud prevention, accepts all types of payments, and provides reporting tools for your business management needs.

TSYS MOBILE CREDIT CARD PAYMENT PROCESSING/mPOS – Businesses can accept credit card payments with their mobile device (smartphone or tablet). Their solution combines a card reader with an app for your mobile device (works with Android and iOS). These solutions do not offer support for EMV or NFC payments.

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TSYS WIRELESS PAYMENT PROCESSING – TSYS has developed a merchant solution for accepting credit card payments anywhere you cannot access a wifi connection.

TSYS TELEPHONE PAYMENT PROCESSING – TSYS has developed a merchant solution for accepting payments via any telephone. It is called DIALPAY and uses your touch tone phone to run credit card transactions. You call a toll free number and follow the prompts, entering info using your dial pad as you go. This solution is useful for merchants who are in need of it, but it is a time-consuming way to process payments. With DIALPAY, you can also perform credit card refunds, authorization-only transactions, and void transactions.

TSYS MULTIPLE PAYMENT ACCEPTANCE SOLUTIONS – Using TSYS, merchants can accept the following forms of payment from their customers:

  • ACH Payments
  • Checks and eChecks
  • Credit Cards
  • Debit Cards
  • Digital Wallet
  • EBT (Electronic Benefits Transfer)
  • Prepaid Cards

TSYS is a large, secure, and well-established credit card processing company in the merchant services industry. If you are currently working with TSYS, Verisave auditors can help you to lower your merchant fees with TSYS Merchant Solutions. Having worked with hundreds of merchants to significantly reduce their overall merchant fees, we have developed proven strategies for obtaining savings with the TSYS payment platform.

TSYS (Total System Services, Inc.) UI/System Integration

TSYS has developed tools for merchant services that help to organize and streamline your credit card processing. They work as your merchant account provider, payment gateway, and processor. Because they are a direct processor, you can avoid the complications associated with using multiple companies for the various merchant services needed to accept, authorize, and disperse credit card payments.

TSYS integrates with many POS terminals. You may obtain a POS terminal through TSYS or implement their TSYS hosted payment solution to continue using an existing POS terminal you already own. This is a useful tool for merchants who wish to integrate TSYS services into an already existing payment processing system.

How Much Will You Be Paying For TSYS Services?

TSYS does not post pricing for their services on their website. If you were to find quotes anywhere online, keep in mind that TSYS can operate with a tiered pricing plan, like many major merchant account providers in the US. This means that you are likely to not receive the same pricing as something you have seen advertised by an ISO or current customer.

Verisave can help you to obtain significant overall savings when you speak with our merchant account auditors. Our experience in the credit card processing industry combined with our benchmark data gives us a leg up when working with any payment processors.

TSYS Contract Length

Contract lengths for TSYS are typically 3 years. They also automatically renew every year after that unless you manually opt out of automatic renewal. They usually have an early termination fee of $250.

TSYS (Total System Services, Inc.) Sales and Customer Service Reps

On the TSYS website, you will not find any disclosure of pricing. For this, you will have to speak directly with a sales rep. Upon calling TSYS, you will speak with an in-house representative. TSYS. Speaking with the sales rep takes a few minutes and they will ask for personal information concerning your business, credit card processing volumes, and more, to determine which pricing plan your business best fits into. They are relatively easy to work with.

Customer service and tech support for TSYS is known to be somewhat difficult to work with. They can be reached by email and telephone 24 hours a day, 7 days a week. For technical support and customer service, we recommend calling during regular business hours. After that, you are likely to speak with an outsourced call center which might have more difficulty helping you with your problem.

TSYS (Total System Services, Inc.) Online Reviews

Positive Reviews: Generally, customers agree that TSYS offers a wide range of support for varying types and sizes of companies with their customizable packages. Their security and anti-fraud measures are highly reliable. TSYS was just recently chosen as one of Ethisphere Institute’s “World’s Most Ethical Companies” for 2018.

Negative Reviews: Most negative comments about TSYS revolve around 3 topics: the early termination fee, billing issues, and terminal lease pricing. If you have the early termination fee jargon stricken from your contract when you sign up for TSYS services, it is possible they may still charge this fee if you leave TSYS before your contract expires. That is why it is important to save this documentation so you can have the early termination fee retracted if it is charged. Once your account has been closed, it is possible you may continue to see monthly charges from TSYS. This was another common complaint from past customers. It most cases, refunds were applied and the problem was corrected. When leasing terminals from TSYS, make note of non-cancellable lease contracts. These are typically 48-month terms. If you terminate TSYS services early, you will still maintain a terminal lease until the contract expires. Leasing tends to amount to thousands of dollars while purchasing can be much less expensive in the long run.

Verisave Merchant Services Review

TSYS (Total System Services, Inc.) for Credit Card Payment Processing

Overall, TSYS is a great option for many business owners in need of credit card payment processing. This large company has sufficiently worked through many hang ups that smaller processing companies are still navigating. Working with TSYS gives you a wider range of terminals to choose from, they are easier to integrate with existing systems, and their prices are relatively fair.

If you are interested in working with TSYS, Verisave merchant account experts are eager to assist you in the onboarding processes. Verisave can help you to control costs with TSYS. Our proprietary data, developed by working with over 500 companies using credit card processing services, gives you access to more savings opportunities and transparency.

Companies currently working with TSYS can recognize more savings as well when working with Verisave. See how our process can be applied to your business by watching this short video:

To get started, submit your most recent merchant account statement for a fee analysis. There is NO RISK in partnering with Verisave – you approve of our plan before it is implemented. You remain in total control of your merchant accounts while a Verisave consultant does all of the heavy lifting. Capturing savings will be our full responsibility and not another task on your list of things to do.

Verisave works on a gain/share basis, you only pay us our share for creating these savings AFTER you have pocketed the money. Once we have successfully reduced your overall merchant fees, Verisave will continue to audit and monitor your merchant statement each month ensuring the saving initiatives stay in place. We will continue to identify additional savings opportunities on your behalf. Contact Verisave to find out how you could benefit frm our merchant account auditing services.

Reduce Elavon Credit Card Processing Fees

Elavon provides merchant accounts and credit card payment processing to small business owners as well as large enterprises. Fees for these services run a wide range but one thing is shared between all Elavon credit card processing services – contractual rates for processing and varying interchange rates for differing transactions.

If you are currently enrolled in Elavon’s credit card processing services, Verisave can help you lower your overall merchant fees.

How Verisave Lowers Merchant Fees For Business Owners

Verisave performs a thorough audit of your most recent merchant account statement. This allows us to identify what types of savings strategies can be applied to your merchant account based on our proprietary data. Our data is compiled from over 500 companies, including those in your particular industry. After doing so, we will have a very clear understanding of your savings potential.

Verisave merchant account experts have developed specific savings strategies for lowering overall merchant fees, and we will analyze which of these strategies we can use to reduce your credit card processing rates and other merchant account fees.  When applied in a specific order, we can maximize your savings potential; however, we have found that when these steps are taken out of order, merchants are limited to how much they could be saving each month.

After submitting your most recent merchant account statement to Verisave, we will perform a free audit and return a savings analysis to you outlining your savings potential in just a few days. The auditing and reporting processes follow this timely outline:

  1. Submit your merchant account statement for a free audit.
  2. Verisave provides a savings analysis determining whether or not you might benefit from our savings strategies.
  3. One of our experts will go over the savings analysis with you and address any questions.
  4. Your company signs a working agreement with Verisave.
  5. Verisave provides you with a detailed savings plan for you to approve/allow us to implement.
  6. Once you approve the savings plan, Verisave does all the work and puts this plan into action.

Lower Elavon Credit Card Processing Rates With Verisave

We understand the many aspects of running a business, especially when it comes to processing payments and navigating monthly merchant fees. After working with hundreds of merchants using various credit card processors, payment gateways, POS systems and payment platforms, we have developed an in-depth understanding of the credit card industry.

Working with Verisave provides your company with a significant advantage in controlling the costs associated with payment processing.

We are so confident in our ability to lower your overall merchant fees, we offer this information with NO RISK to our customers. Though we locate the savings, you remain in full control of the implementation of our savings strategy. Verisave puts the plan into action so you can go about other pressing responsibilities. Once we have secured these savings for you, we regularly monitor your merchant accounts to make sure the savings remain each month.

Verisave works on a gain/share basis, you only pay us our share for creating these savings AFTER you have pocketed the money. This incentive guarantees that obtaining your maximum savings potential is our number one priority. Contact Verisave today to see how you could benefit from our merchant account auditing services.

Reduce Worldpay Credit Card Processing Fees

WorldPay merged with Vantiv in 2017. As two major players in the credit card processing industry, this giant company offers a wide range of merchant services with a specific focus on secure payment processing. WorldPay provides secure credit card payment processing to merchants all over the United States as well as globally, reaching 146 different countries with their eCommerce platform.

Being such a massive payment processor, WorldPay and Vantiv are well tailored to handle companies of all sizes, offering tiered pricing plans and customizable packages. Though they do not provide much in the way of pricing on their website, a quick phone call with a sales rep can give you a good idea of their processing rates and fees for services.

Standard Rates and Fees For WorldPay Credit Card Processing

Below is an estimate provided by WorldPay during a special offer they promoted for “guaranteed pricing” not too long ago:

Signature debit transactions: 0.99% + $0.20 per transaction

Standard credit transactions: 1.99% + $0.20 per transaction

Rewards credit transactions: 2.60% + $0.20 per transaction

Corporate/T&E/keyed transactions: 3.30% + $0.20 per transaction

These fees are all subject to many variables and fluctuate depending on when you enroll. Though these were, at the time, their advertised rates, these are likely not the rates you will receive once going through the sales processes with WorldPay. Verisave specializes in helping merchants control the cost of these services and can typically help you save money when working with Worldpay or Vantiv.

Verisave Can Reduce Overall Merchant Fees For WorldPay Customers

Whether you are currently enrolled in WorldPay/Vantiv services or have worked with them for years, Verisave can help to reduce your overall merchant fees. Our auditing experts have worked with numerous companies using WorldPay and Vantiv, giving us clear insight to the inner workings of these companies. We are familiar with WorldPay’s typical contractual agreements, customer service, sales techniques, fees, and processing rates.

We have compiled the data collected from these interactions, creating an invaluable benchmark report for comparison. This tool provides our clients with a significant advantage for obtaining the most savings.

By reviewing your most current merchant account statement, we can visibly see areas of savings potential. Our strategies for obtaining these savings are another tool we offer to companies working with Verisave. Your maximum savings potential can only be reached when we implement our proven strategies in a very specific order. The order of operations matters when implementing savings strategies and if not followed correctly then some savings opportunities could be jeopardized.

Once our savings strategies are in place, our customers enjoy an average decrease of 25-35% in overall merchant fees. Give us a try, risk-free, to see what merchant account savings we can obtain for you. Contact Verisave today for more information.

Verisave Merchant Services Review: CyberSource

CyberSource for Credit Card Payment Processing Gateway

CyberSource is a global payment gateway. They were first established as an online payment/fraud management service in 1994 and acquired Authorize.Net in 2007. CyberSource was then able to focus their efforts on large enterprises while refocusing Authorize.net on the needs of small- to medium-sized businesses.

This acquisition greatly expanded their reach as a company, and they now service small businesses and large enterprises throughout the world. This outstanding growth resulted in a buy out by Visa Inc in 2010.

It’s no wonder that CyberSource, being as large as it is, has been able to develop detailed solutions for merchants concerning their payment processing needs. Many payment gateway companies act as just that, a payment gateway, offering limited tools for merchants. CyberSource acts as a gateway while providing a vast amount of fraud support tools and payment processing reporting solutions.

Verisave has worked with CyberSource on behalf of hundreds of clients. We’re confident that our in-depth knowledge of this payment gateway company can be an advantage to merchants currently using their services or looking to enroll in their services. If you’d like to obtain savings on your merchant account then contact Verisave today.

Products & Services Offered

CyberSource offers an impressive selection of services, all regarding payment processing or the management of payment processing.

First and foremost, they act as a payment gateway for all of your credit card payments from customers. With CyberSource, you can accept payments from all major credit card companies including Visa, Mastercard, American Express, Discover, and more. With their global reach, you can accept payments from a wide variety of foreign credit card companies as well. You can also accept payment across virtually all payment platforms from numerous processors, mobile apps, and more – worldwide.

Concerning credit card payment processing, CyberSource offers the following services:

  • Integrated Visa Checkout
  • Apple Pay
  • Alipay
  • Cross-Channel Payments
  • Gateway and Processing Connections
  • Payment Card Acceptance
  • Mobile Payments
  • Direct Debits and Bank Transfers
  • Global Tax Calculation Solution
  • Recurring Billing
  • CyberSource Payouts

Concerning credit card payment fraud protection, CyberSource offers the following services:

  • Secure Acceptance & Token Management Service
  • Decision Manager
  • Decision Manager Replay
  • Rules Suggestion Engine
  • Managed Risk Services
  • Account Takeover Protection
  • Rules-Based Payer Authentication
  • Fraud Alert
  • Delivery Address Verification
  • Export Compliance

CyberSource offers the following services for credit card payment processing management:

  • Universal Payment Management Platform
  • Merchant Account Reporting Tools
  • Reconciliation Reports
  • Professional Services
  • Global Support

MERCHANT PAYMENT PROCESSING SOLUTIONS

CYBERSOURCE INTEGRATED VISA CHECKOUT – CyberSource offers a very simple checkout process. Once the customer has enrolled in the Visa Checkout program,

Checkout is much faster with no redirects. This has proven to lower shopping cart abandonment. It is secure and merchants do not have to store sensitive customer information.

CYBERSOURCE APPLE PAY – Customers can make in-app payments from their iPhone using credit and debit cards from Visa, MasterCard, and American Express. This feature is currently available only in the United States.

CYBERSOURCE ACCESS TO ALIPAY – Alipay is an electronic payment system and third-party online payment platform giving you access to sales in China. Alipay provides domestic and cross-border payment services through partnerships with hundreds of financial institutions in China, as well as Visa and MasterCard.

CYBERSOURCE CROSS-CHANNEL PAYMENTS – Accept credit card payments via the web, mobile device, and call center.

CYBERSOURCE GATEWAY & PROCESSING CONNECTIONS – Transact payments in over 190 countries and territories using over 40 currencies.

CYBERSOURCE PAYMENT CARD ACCEPTANCE – Cybersource accepts a wide range of regional and universal cards.

CYBERSOURCE MOBILE PAYMENTS – Allow for monetary transactions via mobile devices for your customers. Cybersource supports the use of Alipay, Apple Pay®, Masterpass, Samsung Pay®  (in-app and on the web), PayEase, PayPal®, Visa Checkout® and Google PayTM.

CYBERSOURCE DIRECT DEBITS & TRANSFERS –  You can offer your customers the option to pay via direct debit (similar to an eCheck) for subscription and recurring payments. This is often one of the least expensive options for payment acceptance for merchants.

CYBERSOURCE GLOBAL TAX CALCULATION SOLUTION – Calculate sales, use, and Value Added Tax (VAT) in real time. Identify tax jurisdictions by address. Assesses tax by line item rather than total amount for greater accuracy. Accommodate maximum tax rates, rate overrides, and exemptions. This service covers 14,000 tax jurisdictions in the United States and

VAT in 30 countries.

CYBERSOURCE RECURRING BILLING – Offer recurring, subscription, and installment payments to customers using all major cards (Visa, MasterCard, American Express) and regional cards (including Maestro, ATM/debit cards, Aura, and Hipercard) in multiple currencies.

Data is stored in PCI DSS compliant datacenters.

CYBERSOURCE PAYOUTS – Send refunds to customers in minutes via Visa Direct and Mastercard Send.

CREDIT CARD PAYMENT FRAUD PROTECTION SOLUTIONS

CYBERSOURCE SECURE ACCEPTANCE & TOKEN MANAGEMENT SERVICE – Secured acceptance of payments via web and mobile browsers. No payment data is stored on your system.

CYBERSOURCE DECISION MANAGER – This fraud management solution uses several machine learning methods to generate risk scores. It allows you to automatically screen and sort orders based on your business rules using effective conventional static models and works with any payment platform.

CYBERSOURCE DECISION MANAGER REPLAY – Allows you to quantify fraud strategies in real-time prior to activating in the live production environment, test various ‘what-if’ rules profiles against your own historical data, and produce real-time reports of likely changes to the transaction disposition and fraud rates.

CYBERSOURCE RULES SUGGESTIONS ENGINE – A fraud tool that suggests new fraud rules to consider implementing and testing.

CYBERSOURCE MANAGED RISK SERVICES – Be informed of consulting/monitoring opportunities, outsourcing options, and new fraud trends. Build fraud strategies when considering expanding into new geographies, markets, and channels, including mobile.

CYBERSOURCE ACCOUNT TAKEOVER PROTECTION – This fraud protection tool allows you to monitor customer account creation, updates, and login for suspicious activity.

CYBERSOURCE RULES-BASED PAYER AUTHENTICATION – Select from different options for payer authentication.

CYBERSOURCE LOYALTY FRAUD MANAGEMENT – This fraud prevention tool allows you to watch for potential fraud on customer accounts starting at the login point and going through the entire check out and payment process.

CYBERSOURCE FRAUD ALERT – You can quickly receive notifications from customers of fraud to stop shipments and prevent chargebacks.

CYBERSOURCE DELIVERY ADDRESS VERIFICATION – Save on shipping errors by accessing this tool to verify all shipping addresses.

CYBERSOURCE EXPORT COMPLIANCE – Be sure of compliance of U.S. Government export regulations.

CREDIT CARD PAYMENT PROCESSING MANAGEMENT SOLUTIONS

CYBERSOURCE UNIVERSAL PAYMENT MANAGEMENT PLATFORM – CyberSource is a very large company with an equal sized customer base. They have been able to develop an entire platform for credit card payment processing to help businesses manage their revenue. CyberSource’s universal payment management platform is specially designed for large enterprises to handle every aspect of the credit card payment process including the acceptance of payments, security of information, fraud management. They provide tools for managing these services with a customizable console/control panel for viewing credit card processing reports and analytics.

CYBERSOURCE MERCHANT ACCOUNT REPORTING TOOLS –  With CyberSource merchant account reports, you see reports of payment summary information by card type, transaction-level details for purchases, refunds and chargebacks, fee summaries with certain variable fees included at the transaction-level, chargeback detail reports, bank account/funding reports, access from the CyberSource online Business Center console, programmatic access to reports in XML, CSV, PDF and Excel formats, access to 16 months of historical summary information and 180 days of transaction level detail, and more.

CYBERSOURCE RECONCILIATION REPORTS – View reports showing amount and count of payment transactions by payment, method, and currency; View details of payment transactions submitted to the processor.

CYBERSOURCE PROFESSIONAL SERVICES – You can also opt for CyberSource services that support your business with consulting and design. Use their implementation services for easier integration.

CYBERSOURCE GLOBAL SUPPORT – Receive support through multiple channels and languages for global business and payment management.

Try speaking with Verisave before enrolling in CyberSource services. Having worked with hundreds of companies processing credit payments through CyberSource’s gateway, we can help you save money. If there is a better gateway option out there for your company, we’ll let you know. Give us a call before making long-term commitments to any credit card payment gateway company.

UI/System Integration

Online reviews of CyberSource describe the implementation of CyberSource solutions as being very simple and easy to manage. Thanks to their excellent customer support and years of product development, they have created a very user-friendly, intuitive system. Now that they are working under Visa, we are anticipating continual growth and positive changes to their software and overall payment processing systems.

How Much Will You Be Paying For CyberSource Services?

CyberSource, like many credit card payment gateway companies, does not disclose their pricing on their website. For quotes, you can call and speak with a sales representative. Often times these quotes can be negotiated so never settle for the first number offered.

When speaking with CyberSource, they will collect information from you about your specific business. CyberSource can use a tiered pricing model. Your quote for fees will be based on a number of factors including:

  • Your monthly credit card processing volume
  • The CyberSource services you would like access to
  • Your specific industry
  • Your ability to fairly negotiate the proposed fees and terms

Because Verisave has worked with CyberSource customers across all different industries, we offer clients a leg up on saving money with them..

Consider Your Desired Contract Length

While CyberSource does not share this information on their website, you can speak with a sales representative to find out more. Many of their fees and contract terms can be negotiated. Few customer reviews mention anything having to do with contract lengths. This is likely because that type of audience is working with smaller business while CyberSource is specifically used by large corporations. Their payment gateway services start near $500 per month, so companies paying for their services are likely not writing reviews online but instead dealing directly with the company.

CyberSource contracts start at a minimum of 1 year. You can increase contract length to 2 years, 3 years, and so on. There is a small amount of variance in regards to this aspect. As with any contract of these lengths, early termination will have fees associated with it. But these fees will vary based on your contract. The benefit of a longer contract with CyberSource is that they can sometimes decrease the overall cost for services.

If you are looking to save money on credit card fees or restructure your merchant services in general, then speak with Verisave’s merchant services experts. Customers achieve an average savings of 25%-35% in credit card processing fees and other merchant related expenses after a free audit from Verisave.

Speaking With CyberSource Sales and Customer Service Reps

Researching CyberSource Merchant Services – CyberSource has an excellent website that gives lots of detail about the specific tools they offer to merchants for payment processing. They do lack information about pricing. This is unfortunate, but also understandable. To get even an idea of how much their services will cost, you’ll need to speak with a sales representative.

Your initial call will result in a quote for services, once you’ve provided a slew of personal information. It’s likely to be vague, leaving you with questions about specifics as you continue your research. A majority of the complaints about CyberSource seem to revolve around a lack of transparency involving early termination. This can be avoided and does not have to be a frustration for all customers.

Contacting CyberSource Customer Support – CyberSource has excellent online resources for customer support. Instead of calling their support line (which you can do), you can usually find answers to questions in their library of whitepapers, data sheets, and helpful articles. They have different support channels for merchants, merchant account administrators, and technicians. You can also reach support by email. This goes for current and potential customers.

Online Reviews of CyberSource

Keep in mind that CyberSource is now a part of Visa Inc. Many changes have been made in the last few years to eradicate bugs, improve transparency, and simplify their software solutions. Reviews on trustworthy review sites are often not recent and may not reflect the current state of CyberSource.

A majority of the complaints online about CyberSource have to do with their relationship to Authorize.Net. A clear understanding of your contract can help you to avoid frustrations other customers have felt using their services. This is another strong suit for clients who choose to work with merchant account auditors at Verisave. Our expertise in working with these two companies can help you to avoid any lack of transparency provided by CyberSource or Authoriz.net as you are enrolling in their services or choosing to terminate.

VERISAVE MERCHANT SERVICES REVIEW

CyberSource for Credit Card Payment Processing

If you are one of many CyberSource customers using their payment gateway and payment management solutions, you could be overpaying on credit card processing fees without realizing. We have found after a thorough review of company merchant account statements, many businesses are paying higher rates and fees than necessary. We know this by running their numbers against proprietary data we’ve collected from working with over 500 companies processing varying volumes of credit card payments each month.

Submit your most recent merchant account statement today to see if you could benefit from working with account auditing experts at Verisave. After years of working in this industry, we have developed proven strategies for reducing merchant account fees for our clients. When implemented in a specific order, we can maximize your savings potential. We find and acquire an average of 25% to 35% in savings for our clients by reducing their monthly processing fees, eliminating unnecessary account fees, and obtaining lower processing rates.

Considering using CyberSource for your payment gateway provider? Speak with Verisave first to see what we can do to obtain savings for you.

Reduce Credit Card Processing Fees For Elavon Customers

Elavon is another giant company in the credit card processing industry. They offer merchant accounts, credit card payment processing, their own payment gateway, and more. This company can offer services for small business with flat rates and fees.

Elavon also caters to large companies, but their pricing is not offered online. For a quote, you can contact a sales representative. Elavon pricing for large companies will vary based on a number of factors including: your specific industry, monthly credit card processing volumes, the desired use of their customizable tools, and your negotiation skills. Negotiating rates and fees is where most company reps fall short. This includes existing companies looking to reduce their credit card processing fees. To work out fair pricing for all parties, an in-depth knowledge of current industry trends, back-end pay structure for processors, and access to benchmark data is crucial.

Verisave Can Reduce Credit Card Processing Fees For Elavon Customers

At Verisave, our merchant account auditing experts have compiled invaluable industry and benchmark resource data that creates savings for any merchant using any processor. This large bank of proprietary information gives our clients a huge advantage when it comes to securing refunds and overall savings on the fees being paid each month.  

Because of our work with over 500 companies across the nation and amid varying industries, we’ve pinpointed specific savings strategies that are proven to secure an average of 25% to 35% in savings for our clients.

Verisave has created the Gold Standard when it comes to maximizing deep savings opportunities and capturing refunds for any company wanting to control and reduce costs within the credit card processing industry.

Receive A Free Evaluation Of Verisave Services For Reducing Credit Card Processing Fees

Elavon customers can submit their most recent merchant account statement to Verisave online. We will then perform a thorough audit of your account, checking your current status against our savings benchmark data, to let you know if your company could be saving significant amounts with the help of Verisave. We will return to you a report of our findings to discuss with you our potential working relationship to help you save. Make no commitments and pay nothing upfront until your company benefits first.  

Verisave works on a gain-share basis; your incentive is our incentive. Instead of paying upfront for our services, we only ask that you share a portion of the savings we obtain. That way nothing is coming out of your pocket. Instead, Verisave is growing your bottom line without the added expense of another service. Watch this short video for a better understanding of our company.

Verisave Merchant Services Review: First Data

First Data for Credit Card Payment Processing

First Data is a massive credit card processing company, with a client base of approximately 6 million customers across the globe. They were first established in 1969 and since then, have grown considerable amounts. With the size, reach, and resources available to this company, they have developed effective tools to help business owners manage their companies.

First Data caters to small and large business alike. With their many available tools and services, businesses can customize their contracts and packages with First Data to fit their specific needs. This type of customization works for many, but it’s important to remember that First Data is not a one-size-fits-all processing company – though they aim to be. Depending on a number of factors, your business could benefit or lose from working with First Data.

Working with merchant account experts at Verisave can help you to determine whether or not First Data is the best option for the lowest credit card processing. We look at your credit card processing volumes and other merchant account details to identify savings strategies that can be applied to your account.

Products & Services Offered

First Data offers a wide (and sometimes overwhelming) array of services on top of credit card payment processing. We will break down these services below. However, access to these services can be managed in two ways: signing up with First Data directly, or obtaining First Data services through an independent sales organization (ISO). Signing up with First Data directly, though not always the most cost-effective option for some business’, will give you more access to the majority of their features. If you were to sign up for First Data processing through an ISO, you may have limited First Data services to choose from. If there are specific First Data services you’re interested in receiving, see if your ISO is able to offer these services to you before signing contracts.

First Data offers the following credit card processing services:

  • POS Systems
  • Credit Card Terminals
  • Merchant Accounts
  • Payment Gateway
  • Clover Check Acceptance
  • TeleCheck Solutions
  • Electronic Check Acceptance
  • Internet Check Acceptance
  • Connect Pay
  • Payeezy Gateway
  • Credit/Debit/EBT Acceptance

FIRST DATA POS SYSTEMS – First Data has recently launched a new line of POS systems called “Clover”. They do offer more traditional POS systems but you have to call for details as they do not talk about them on their website.

[su_row class=”s-row”][su_column size=”1/2″]Clover Mini[/su_column]
[su_column size=”1/2″]Clover Flex[/su_column][/su_row]
[su_row class=”s-row”][su_column size=”1/2″]Clover Station[/su_column]
[su_column size=”1/2″]Clover Go[/su_column][/su_row]

FIRST DATA TERMINAL OPTIONS – Besides the newly released Clover POS options, there are more traditional terminal options offered by First Data. These options include:

  • Virtual Terminal Software
  • Mobile Device POS
  • Check scanners
  • Touchscreens
  • FD35

FIRST DATA CLOVER CHECK ACCEPTANCE – This is First Data’s check acceptance solution for small businesses. Process check and ACH payments with electronic funding and guarantees against chargebacks.

FIRST DATA MERCHANT ACCOUNTS – Because First Data is a direct processor, you’ll go through them for your merchant account AND processing which eliminates some hassle found with merchants who have one company handling their merchant account and another company handling their payment processing.

FIRST DATA PAYMENT GATEWAY – First and foremost, First Data is a payment processor. There are advantages to using a payment processor of this size – having one company manage your processing and merchant account, for example. However, there are advantages to using a smaller processor, that allow for other gateway options and possibly better pricing.

FIRST DATA CHECK PAYMENT PROCESSING – There are multiple tools offered by First Data for processing check payments, including:

  • Clover check acceptance
  • Telecheck solutions
  • Internet check acceptance
  • Electronic check acceptance

FIRST DATA CONNECT PAY – This is a tool offered by First Data that allows customers to set up recurring payments.

FIRST DATA PAYEEZY GATEWAY – This is First Data’s online payment gateway for eCommerce sites. It works with 70+ online shopping carts and is trustworthy/secure for shoppers.

FIRST DATA CREDIT/DEBIT/EBT ACCEPTANCE – First Data is capable of processing all major US credit cards.

First Data offers the following security services for payment processing:

  • Clover Security
  • EMV Enablement
  • Encryption and Tokenization
  • Fraud Detection
  • PCI Compliance

FIRST DATA CLOVER SECURITY – The is First Data’s small business solution for payment processing security. With these services, you receive an available liability waiver for card association fines and expenses of up to $100,000 per location (up to 5 locations) in the event of a data breach. Fraud and security monitoring detect possible tampering. Specialized helplines for security questions. EMV chip card payment acceptance hardware.

FIRST DATA EMV ENABLEMENT – These tools help assess what a smart card payment enablement plan would look like for upgrading all consumer-facing POS devices. It provides a comprehensive payments security plan to identify ways you can reduce fraud and data theft risks. Accept cards with embedded computer chips that interact with an EMV™-enabled point-of-sale terminal to validate the card.

FIRST DATA ENCRYPTION AND TOKENIZATION – First Data secures information using combined public/private encryption and tokenization to protect data. You can also have full access to the format-preserving tokenized card data for business and marketing uses.

FIRST DATA FRAUD DETECTION SOLUTIONS – First Data utilizes machine learning based customizable rules for fraud detection. Creates analytics reports for your dashboard.

FIRST DATA PCI COMPLIANCE – Using First Data as your processor makes your business compliant with all industry standards including:

  • Cardholder Information Security Program (CISP)
  • Payment Card Industry (PCI)
  • Data Security Standard (DSS)

First Data offers additional services for merchants and business management:

  • Clover Online
  • Clover Insights
  • Clover Rewards
  • Clover Gift Cards

FIRST DATA CLOVER ONLINE – First Data has developed a website building tool to help retailers sell their inventory to an online market. The website and your POS system work together. With their website builder, you also receive data encryption for site security and technical support via their support center.

FIRST DATA CLOVER INSIGHTS – This is First Data’s analytics reporting software for small business. View trends and benchmarking to track your business’ performance over time, heat maps that show where your customers live and shop, and weather breakdowns that track how your business performs in different conditions. View analytical reports to see customer behavior and buying habits.

FIRST DATA CLOVER REWARDS – This tool was created to help business owners with marketing and digital loyalty programs for customer retention.  They provide digital graphics and marketing tools as well as performance analytics to view customer preferences and popular perks.

FIRST DATA CLOVER GIFT CARDS – You can provide customers with digital or physical gift cards.

Try speaking with Verisave before enrolling in First Data services. Verisave merchant account experts have worked with many companies using First Data as their credit card payment processor and gateway provider. Based on our experience with this company, we can help you save money that merchants cannot ordinarily obtain on their own.

How Much Will You Be Paying For First Data Services?

First Data rates differ from customer to customer, based on a number of factors including:

  • Monthly credit card processing volume
  • Industry
  • Location
  • Contract negotiations

They do not disclose fees for services on their website because each customer has the potential to negotiate a different rate. Also, processing rates are not set in stone. They can increase and decrease throughout the year. There are a few things to keep in mind when looking to enroll in First Data services. If you are to sign up directly through First Data for their services, you will likely pay higher rates than if you were to sign up through an ISO/third party retailer. Smaller ISO’s can usually offer lower rates and fees to their customers.

You will also pay less over time for First Data services if you opt to buy your POS system instead of leasing. Leasing the POS terminal and other equipment almost always result in high markups.

We will help you to know if you would be better signing up with First Data through a retailer or if you should go through First Data directly. Because First Data is primarily catered to large business entities, small to medium-sized business’ can usually find better rates for services through an ISO (independent sales organization) offering First Data processing.

Consider Your Desired Contract Length

You can definitely negotiate the length of your contract with First Data, making them a great option for anyone looking to avoid long term contracts for credit card processing. If they are unwilling to offer you the contract length you desire, then opt for an ISO that resells First Data services. You can find many that offer month-to-month contracts.

If you do enroll directly with First Data, beware of their automatic renewal clause. You may be able to have this language removed from your contract. But if not, be sure to know how to cancel automatic renewal to avoid paying early termination fees.

You will pay an early termination fee for canceling First Data services before your contract is expired. This usually includes your monthly minimum, your monthly customer service fee, and you monthly account fee for each month remaining on your contract.

If you are ready to save money in credit card processing or other merchant account services, then speak with Verisave’s merchant services experts. Customers achieve an average savings of 25%-35% in credit card processing fees and other merchant related expenses after a free audit from Verisave.

Speaking With First Data Sales and Customer Service Reps

Researching First Data Merchant Services – Obviously, First Data is a very large company. Which is why it might be surprising that a majority of their website (which is also large) is marketing jargon. Researching their products and services proves to be a bit difficult because of the lack of technical information they provide on their site. Lots of their service explanations include links to view their brochures (printed marketing material) but they still lack in easy-to-find technical specs. Nowhere mentions pricing or contract length. If you’re attempting to research their POS systems, that will be a challenge as well. The only POS systems they promote directly on their site is the new Clover series. However, they reference “other” options which clue you into the existence of more traditional POS systems. To get more detailed information about pricing, services, contract length, etc. you must call and speak to a representative.

Contacting First Data Customer Support – First Data offers lots of online support. If you’re willing to do a bit of reading, you can usually answer your own questions, thanks to their resources, without having to wait on hold for a customer service rep. You can also use their live chat feature while browsing their help library to ask questions and speak with a customer service rep. But if you prefer calling in, First Data has a call line for customer support. First Data generally doesn’t receive complaints about their customer support which is a great sign for such a large company.

Online Reviews of First Data

We don’t necessarily give much weight to negative online reviews. As First Data has a customer base of nearly 6 million merchants, a few negative complaints hardly represents the whole picture.

What you will find in the reviews online revolve mostly around three issues: withheld funds and account terminations, excessive account fees, and enhanced billback. All of these issues have one major thing in common…

Merchants did not have a full understanding of their agreement with First Data when they signed up for services. Verisave can help you avoid the frustrations found in First Data reviews online. Our experience with First Data merchants has helped us to understand their standard contract elements and more.

VERISAVE MERCHANT SERVICES REVIEW

First Data for Credit Card Payment Processing

Being such a large company, First Data itself is geared more towards large enterprise than small businesses. If you’re a small business looking for a credit card payment processor, try researching companies more suitable for your monthly credit card processing volume like Authorize.net.

Large companies are more suited to the pricing models and contract lengths offered by First Data. Even so, you can easily be overpaying for your merchant services without the help of credit card processing auditors at Verisave. We find that are customers are over paying an average of 25% to 35% for their monthly merchant account, processing, and other credit card payment services.

Submit your most recent merchant account statement today to see if you could benefit from working with account auditing experts at Verisave. After years of working in this industry, we have developed proven strategies for reducing merchant account fees for our clients. When implemented in a specific order, we can maximize your savings potential.

Currently using First Data as your credit card payment processor? Speak with Verisave to see what we can do to save you money on your merchant account.

Reduce First Data Processing Fees

First Data is another credit card processing company that is well-known in the merchant services industry. Like many credit card payment processing companies, they offer their own version of enterprise management software to provide additional tools beyond credit card processing including:

  • Customer acquisition and retention tools
  • Customizable pricing strategies for increasing revenue
  • TransArmor and STAR CertiFlash fraud detection
  • Simplified PCI compliance and auditing
  • Automated invoicing software

With First Data, your company has access to reliable fraud protection and risk management. They provide data-tracking and reporting tools for a better understanding of your customer base.

Using First Data For Credit Card Payment Processing

From processing commercial credit cards, payment management and electronification, to cash management, First Data provides a number of services to merchants of varying company sizes.

If you have read the reviews online, you will know they are not very well regarded by some. As is with many credit card processing companies, reviewers tend to speak up when they have had a bad experience which can make trusting ANY processor difficult. Before signing up with First Data (or any processing company) for processing credit card payments and other merchant services, contact Verisave to see if we can help you navigate this process. With our help, you can avoid the negative experiences other patrons have had due to misunderstandings and a lack of processor experience.

Verisave has worked with First Data and many other credit card processing companies for years. Our auditing experts are well-versed in contractual agreements offered by companies like First Data. Depending on your company’s unique processing needs, we can help you determine which processor and customizable package is best suited for you. We can then help you to set up your services while optimizing the most efficient rates and payment plans based on your estimated monthly credit card revenue.

Lower Your Merchant and Credit Card Processing Fees with Verisave

If you are already working with First Data or another credit card processing company, Verisave still has a lot to offer. We have worked extensively with most credit card processing companies in the industry on behalf of our clients to obtain better processing rates and lower merchant fees. Our years of study and experience have resulted in proven strategies that we implement to save our clients 25% to 35% in credit card processing fees.

To see if your company is a good fit for what we do, submit your most recent merchant account statement for a free analysis. We will check your processing rates and fees against our vast collection of benchmark data to determine how much your company could be saving using our strategies.

With help from Verisave, you could be saving thousands of dollars each month in merchant account fees.

Reduce Cybersource Credit Card Processing Fees

CyberSource is a highly utilized payment gateway. With CyberSource, merchants can accept credit card payments using all available sales channels (web, mobile, call center, and POS). CyberSource processes payments for a majority of debit and credit cards including Visa, Mastercard, American Express, JCB and more. They are a great option for enterprise solutions in the following fields: manufacturers, retailers, education services, travel, digital sales, insurance companies, service-based businesses, nonprofit agencies, government and political entities.

Verisave has worked with merchants using CyberSource for years. We are very familiar with their strengths and limitations. Many merchants unknowingly pay high credit card processing fees which Verisave can lower on average by 25% to 35%. If you process mostly B2B transactions through CyberSource, you can expect to save thousands of dollars a month in credit card processing fees by working with Verisave.

Using CyberSource For Payment Processing

Many CyberSource users have confirmed that CyberSource is a simple process to integrate and learn which makes for a great user experience. Customer support is readily available (via a web portal, phone, or email) and highly reliable, with quick response times.

For merchants seeking PCI compliance, implementation of CyberSource often provides the necessary credentials. CyberSource also does a good job of early fraud detection as well as system management.

CyberSource Offers The Following Merchant Services

MERCHANT SOLUTIONS
Enterprise Media & Entertainment

Enterprise Retail

Enterprise Travel

Enterprise

Small Business

Our Integrations & Partnerships

PAYMENT PROCESSING
Cross-Channel Payments

Gateway & Processing Connections

Payment Cards

Mobile Payments

Direct Debit & Bank Transfers

Reconciliation Reports

Rules-Based Payer Authentication

Global Tax Calculation

Recurring Billing

Account Updater

CyberSource Payouts

OTHER SERVICES
Streamlining PCI Management

Optimizing Fraud Management

Payment Security

Fraud Management

CYBERSOURCE API OPTIONS
Apple Pay®

Android Pay™

Chase PaySM

Samsung Pay®

Secure Acceptance

Simple Order API and SOAP Toolkit API

Visa Checkout

Virtual Terminal

Batch Upload

Legacy Integrations

CyberSource Customers Can Reduce Their Credit Card Processing Fees With Verisave

Send us a recent merchant statement today to begin your free analysis. By comparing your current processing data to our library of benchmark data in the credit card processing industry, we can identify overspending and areas of potential savings. In 2-3 business days, we will return to you a report of our findings, notifying you if you would be a good candidate for our savings strategies. Verisave will compare your current standing to our proprietary data of past clients’ data. This is a resource containing over 500 companies to help our clients reduce their overall processing costs. After our analysis, you’ll know how your company compares to similar companies within your specific industry as well as a broader spectrum of companies working with credit card processors across the nation.

Interested In Signing Up With CyberSource?

If you are considering using CyberSource merchant services, contact Verisave first. Having worked with CyberSource for many of our clients, we are very familiar with their practices. We can help you to achieve the lowest possible rates and fees for their services.

If you already work with CyberSource, we can still help you to achieve greater savings for credit card processing. By reviewing your most recent merchant statement, our auditing experts can pinpoint areas of potential savings to let you know how you can benefit from working with Verisave.

Verisave Merchant Services Review: Authorize Net

authorize.net

Authroize.Net for Credit Card Payment Processing


Many eCommerce merchants use Authorize.Net for their credit card payment gateway solutions. While they do offer a package that gives users a merchant account, this merchant account is run by a third-party processor.

Access to Authorize.Net payment gateway can be achieved by enrolling via your current processor or by going through a processor who is already partnered with Authorize.net.  

Products & Services Offered


Authorize.net has multiple services tailored to merchants. Their two primary packages are the following:

Authorize.Net PAYMENT GATEWAY & MERCHANT ACCOUNT: You can create a combined merchant account and payment gateway with Authorize.net. They will act as your payment gateway and set you up with a third-party partner to act as your processor for your merchant account. There is no setup fee. The monthly gateway fee is $25. Their flat rate per transaction is 2.9% plus $0.30 per transaction.

Authorize.Net PAYMENT GATEWAY ONLY: If you already have a merchant account (this tends to be the cheaper way to sign up with this company), then you can opt for the “payment gateway only” option. There is no setup fee and the gateway fee remains $25 per month. Per transaction through your gateway, you’ll pay $0.10. Your merchant fee is determined by your processor. Per batch, you’ll pay $0.10 as well.

If you’re considering signing up with Authorize.Net for their gateway and merchant services, first speak with Verisave. As Authorize.Net is one of the most widely-used payment gateway systems among merchants in the United States, we have worked with countless companies using their systems. Let us help you to achieve the lowest possible rates and fees, dramatically lowering the cost of merchant services each month.

Concerning credit card payment processing, Authorize.Net offers the following services:

  • Merchant account
  • Payment gateway
  • Authorize.Net mPOS Mobile Payments
  • Virtual Point of Sale (VPOS)
  • eCheck.Net
  • Apple Pay support
  • Simple Checkout
  • Advanced Fraud Detection Suite (AFDS)

Authorize.Net MERCHANT ACCOUNT: A recommended way to begin services with Authorize.net is by enrolling with your current processor. Using your current processor often results in more favorable rates and pricing. However, if you don’t yet have a merchant account, you can set up your merchant account and payment gateway together with Authorize.net. Merchant account terms and fees will vary based on which third-party provider you sign up with.

Authorize.Net PAYMENT GATEWAY: Anytime you sign up with Authorize.net, no matter which packages you choose, you will have access to their payment gateway services.

Authorize.Net  mPOS Mobile Payments: Use Authorize.net’s mobile app for accepting payments via your mobile device. This can be done via a smartphone, tablet, or plug-in card reader. Mobile payments are accessible on either iOS or Android operating systems. The app is free but should you choose to use a card reader, you’ll have to buy it.

Card Reader Options With Authorize.Net:

IDTech Shuttle Two-Track Secure Magstripe Reader, $50

BBPOS Chipper, $100

Authorize.Net Virtual POS: You can turn your computer into a virtual terminal. Manually input transactions to accept payments. VPOS uses the BBPOS Chipper card reader.  This is software is currently only available for Windows.

Authorize.Net  eCheck.Net ACCESS: Pay $0.75 per eCheck payment for processing. This feature is optional.

Authorize.Net APPLE PAY SUPPORT: Offer your customers the use of Apple Pay. This is currently only available in the United States using USD currency and other restrictions apply:

  • Not usable for in-app payments.
  • Only usable by processors that support Visa Token Service and tokenization services from MasterCard and Amex.

Authorize.Net SIMPLE CHECKOUT: Use a number of third-party online shopping carts with Authorize.net. Or, use Simple Checkout with a “Buy Now” or “Donate” button.

Authorize.Net ADVANCED FRAUD DETECTION SUITE: Thirteen customizable filters to customize fraud detection for your business.

UI/System Integration


Though Authorize.Net offers a library of enterprise management tools, their primary focus is their payment gateway system. This system is incredibly easy to use and integrates well with a number of commonly used services including Apply Pay, Paypal, eBay, ChasePaymentech, Visa Checkout, Cybersource, Quickbooks, countless processor companies, and more.

How Much Will You Be Paying For Authorize.Net Services?


PAYMENT GATEWAY & MERCHANT ACCOUNT:

  • There is no setup fee.
  • The monthly gateway fee is $25.
  • Their flat rate per transaction is 2.9% plus $0.30 per transaction.

PAYMENT GATEWAY ONLY:

  • There is no setup fee and the gateway fee remains $25 per month.
  • Per transaction through your gateway, you’ll pay $0.10.
  • Per batch, you’ll pay $0.10 as well.
  • Your merchant fee is determined by your processor.

A Few Factors to Consider For Authorize.Net Credit Card Processing Fees

  • If a majority of your sales are low-ticket items, the $0.30 per transaction fee will pile up quickly.
  • Expect to pay a fee per chargeback. It’s usually $25, non-negotiable.
  • International transactions are charged 1.5% for assessment.
  • Your processor will also have their own fees on top of Authorize.net’s payment gateway fees.
  • eCheck processing is $0.75 for processing.

The rates shared here are accurate if you sign up directly with Authorize.net. If you go through your current processor to obtain Authorize.net services, the rates will vary.

Are you considering using Authorize.net? Speak with Verisave first. Let us help you to work with your current processor in obtaining lower rates and fees for Authorize.net payment gateway service.

If you are currently contracted with Authorize.net, Verisave merchant account experts can still help you to lower credit card processing fees. Submit your most recent merchant account statement for a free analysis. We will comb through it to locate areas of potential savings and let you know how much money you could be saving on merchant account fees by working with Verisave.

Is An Authorize.Net Contract Length Appropriate For Your Business?


Authorize.net advertises no long-term contracts, no start-up fees, and no cancelation fees. This is a great bonus for merchant services as many companies have long-term contracts (2-3 years), start-up fees ($25+), and early termination fees. However, these claims are for their gateway services only. Merchant accounts are subject to the terms of the third-party processor.

  • no long-term contracts
  • no start-up fees
  • no cancelation fees
  • Merchant accounts are subject to the terms of the third-party processor

Authorize.Net Sales and Customer Service Reps


You can find a great amount of information, pricing, and customer service/resources on the Authorize.net website. To get more accurate quotes for services, you can fill out a contact form or call the company directly.

Customer service is exceptional at Authorize.Net. They offer a large collection of support documents on the site for all sorts of troubleshooting solutions. If you can’t find what you’re looking for, you can contact their customer support directly via their online chat service or calling them on the phone.

Authorize.Net Online Reviews


Positive Reviews: Generally, customers agree that Authorize.Net offers a wide range of support for varying types and sizes of companies with their customizable packages. Their security and anti-fraud measures are highly reliable. They are also business-friendly, considering they offer month-to-month billing and short-term contracts.

Negative Reviews: Most negative comments about Authorize.net revolve around their customer information portability. After reading through the negative reviews on the BBB, we’ve noticed that the many issues of which customers complained were no longer applicable. The company eliminated their start-up fees and became more transparent about their practices, ridding themselves of the negative feedback obtained in 2016 on the BBB site.

At Verisave, we have had good experiences working with Authorize.Net as we secure lower merchant fees for our clients. Their customer service is easy to access and having worked with them for so many years, we are able to settle disputes and resolve questionable contract agreements with ease to better suit our clients. Their contact information is very transparent and easy to obtain.


Verisave Merchant Services Review

Authorize.Net for Credit Card Payment Processing


Instead of getting wrapped up in a plethora of merchant, accounting, and business management services, Authorize.net focuses on their payment gateway service and has done a great job of working out any kinks or issues since their starting point in 1996. With their gateway services, you also have access to mobile payments, eCheck processing, and excellent fraud protection. Along with their simplified and reliable services, their customer service is also very useful. As a credit card payment gateway provider, we recommend the use of Authorize.net.

Verisave specializes in helping companies reduce their merchant account and credit card processing fees. We find most companies are processing inefficiently – meaning they aren’t maximizing their savings potential. Using our benchmark data and savings strategies, we can increase your processing efficiency, thus maximizing your savings potential.

In most cases, we don’t recommend switching processors. But there will be occasions where you could save more by using a different processor. Once we have reviewed your current merchant account statement, we can let you know if this would be true in your specific case.

We will run your numbers through our database, comparing your merchant fees to 500+ companies that we have worked with, to see if you could be saving more money by working with Verisave. After we determine if your company would benefit from using our savings strategies, we will provide you with our recommendations for potential areas of savings. Once we have signed a working agreement, we will also provide a detailed savings report making our strategies and your potential savings very transparent.

Join the hundreds of companies that have worked with Verisave, lowering their merchant fees and saving thousands of dollars every month in credit card processing. Contact us today to see what Verisave can do for you.

More Services Offered By Authorize.Net


Authorize.Net ENTERPRISE SOLUTIONS: Advertised to companies that process $500,000+ per year in credit card transactions, Authorize.Net provides an enterprise management solution with customizable tools. The pricing varies based on the companies needs. This enterprise management tool provides solutions for the following:

  • Fraud Prevention
  • Manage Customer Information
  • Automated Recurring Billings
  • Check Processing
  • Quickbooks Syncing
  • Invoicing
  • Automatic Account Updates
  • Simple Checkout for Customers

Authorize.Net AUTOMATED RECURRING BILLING: Offer customers a free trial period or paying for services/goods in installments.

Authorize.Net CUSTOMER INFORMATION MANAGER: This is a standard feature offered by Authorize.net. It is secure storage for customer personal info (billing/shipping address’ and payment information).

A major complaint customers have had concerning Authorize.net is the customer information portability. Should you decide to switch systems and stop using Authorize.net as your payment gateway, transferring client information is no simple task. Plan on either manually entering individual client info into the new system to transfer, or wait up to 8 weeks for Authorize.net to transfer your data. Authorize.net explains the reason for this time-consuming task, “Because this includes your customers’ sensitive credit card information, the data is securely encrypted. As we’ve noted, however, this security comes at the expense of data portability.”

Authorize.Net  SYNC FOR QUICKBOOKS: If your company is still using Quickbooks, Authorize.net syncs well with this system for easy data transfer.