Businesses pay more than $180 billion per year in credit card processing fees.
Often, those fees are inflated. Sometimes, they're blatantly over-charged. Recently, a class-action settlement was reach with Visa and MasterCard awarding merchants a collective $5.54 Billion to $6.24 Billion refund. If your business accepted credit cards between January 2004 and January 2019, some of that money is yours. The question is, how much? In this webinar, we will discuss the background and causes of the class-action settlement, how to opt-in for your portion of it, how much is your portion, and other ways in which the credit card processing industry is likely taking advantage of your business.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Brief overview of Credit Card Processing Industry
The Class-Action Lawsuit
The Settlement
Opting in
Other Ways in Which You're Being Overcharged
How to Determine Your Portion of the Settlement
Class-Action Settlement
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on November 13, 2019.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Jeremy Layton
Verisave
Jeremy Layton started Verisave back in 2001 with the service of identifying and collecting overpayments made by their customers to their suppliers. In 2010 Jeremy noticed that most of his customers were paying a lot of money to process credit card payments. After digging a little deeper, he found that most of his customers were actually paying much more than they needed to and Jeremy was determined to help them reduce these fees. Over the past 10 years Jeremy has become an expert in all things relating to the credit card processing industry. In fact, Verisave saved its customers over $30 million on credit card processing fees.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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