Payment Processing Audit

Lower Costs and Find Hidden Fees with a Payment Processing Audit

Transparent Merchant Service Reviews with a Payment Processing Audit

A Payment Processing Audit helps business owners understand what they are really paying to accept credit cards. Many companies look at their monthly statement and only see deposits, fees, and confusing line items. Soltis Merchant Services reviews those details clearly so you can see where your money is going and whether your current provider is overcharging you.

A Payment Processing Audit is not about making things complicated. It is about giving you a simple breakdown of your effective rate, monthly fees, transaction costs, equipment charges, and any hidden markups that may be hurting your bottom line.

Call (440) 570-9355 or Contact Us or Get Started Today!

Why Businesses Need Soltis Merchant Services

Most business owners are too busy running their company to study every line of a merchant statement. That is exactly why a Payment Processing Audit can be so valuable. You may be paying more than you realize through inflated rates, unnecessary monthly charges, PCI fees, batch fees, gateway fees, or equipment costs.

Soltis Merchant Services helps you compare your current setup against cleaner, more transparent options. A Payment Processing Audit gives you the information you need before making a decision.

  • Effective Rate Review: See the true percentage you are paying after all fees
  • Hidden Fee Check: Identify unnecessary charges buried in your statement
  • Equipment Review: Understand whether your terminal or POS costs make sense
  • Gateway Review: Check virtual terminal and online payment fees
  • Savings Estimate: See where your business may be able to reduce costs

How the Review Works

A Payment Processing Audit starts with your current merchant statement. From there, Soltis Merchant Services reviews your volume, card types, transaction count, monthly fees, and processing structure. This helps create a clear picture of what you are paying and why.

Once the numbers are reviewed, you receive a simple explanation instead of confusing industry language. The goal of a Payment Processing Audit is to help you understand your costs in plain English.

What We Look For

Many statements include fees that business owners never notice. Some are small on their own but add up over time. Others are larger charges that may be avoidable with the right setup. A Payment Processing Audit helps uncover those issues.

We look at processing rates, authorization fees, statement fees, PCI fees, non-compliance fees, batch fees, chargeback fees, gateway fees, and equipment charges. We also review whether your business is set up on pricing that actually fits the way you accept payments.

  • Monthly Fees: Review fixed costs that appear every statement cycle
  • Transaction Fees: Check per-swipe, dip, tap, keyed, and online charges
  • Pricing Structure: Compare flat rate, tiered, interchange-plus, and cash discount options
  • Gateway Costs: Review fees for online payments and virtual terminals
  • Statement Clarity: Make sure you understand every major line item

Cash Discount Options

For many businesses, a Payment Processing Audit may show that a cash discount program is a better fit. This option can help reduce or eliminate credit card processing fees by giving customers a posted price and offering a discount for cash payments.

Soltis Merchant Services helps business owners understand whether this model makes sense based on their industry, customer base, and sales process. A Payment Processing Audit can show how much your business may save compared to your current structure.

POS and Equipment Review

Your hardware matters too. Some businesses are paying monthly fees for outdated terminals, expensive leases, or equipment they barely use. Others need better tools for in-person, online, mobile, or invoice-based payments.

A Payment Processing Audit reviews your equipment setup and helps determine whether you need a basic terminal, smart terminal, POS system, gateway, virtual terminal, or mobile payment option.

  • Terminal Costs: Check whether your hardware fees are reasonable
  • POS Fit: Make sure your system matches your business type
  • Gateway Needs: Review online and invoice payment tools
  • Mobility: See whether mobile processing would help your operation
  • Scalability: Choose equipment that can grow with your business

Better Clarity for Better Decisions

The biggest benefit of a Payment Processing Audit is clarity. You should not have to guess whether your processor is giving you fair pricing. You should know exactly what you are paying and what options are available.

Soltis Merchant Services gives business owners a straightforward review without pressure or confusing sales talk. A Payment Processing Audit gives you the facts so you can make a better decision.

Soltis Merchant Services Delivers Your Competitive Edge

If your business accepts credit cards, your processing costs matter. Even small percentage differences can add up quickly over the course of a year. A Payment Processing Audit helps uncover savings opportunities, reduce confusion, and create a more transparent payment setup.

Soltis Merchant Services works with business owners who want honest answers, reliable support, and payment solutions that make sense. With the right Payment Processing Audit, you can stop guessing and start understanding exactly what your business is paying.

Call (440) 570-9355 or Contact Us or Get Started Today!