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Live Webinar

60-minute live streaming program
  • December 17
  • 1:00 - 2:00 pm EST

Understanding Interchange and Other Strategies That Will Reduce Your Credit Card Processing Fees

December 17

This webinar will provide an explanation of what interchange fees are and how these fees are calculated. It will also provide instruction on how a company can reduce its credit card processing fees (typically without switching processors). By understanding interchange and being proactive with the management of its processing fees, a company can stay in front of the industry changes that will impact its processing fees. The credit card processing industry is extremely complicated and confusing, and this webinar will explain some of the strategies a company can implement to take control of its processing fees.

Learning Objectives

  • You will be able to review the history of the credit card processing industry.
  • You will be able to explain interchange fees are and how these fees are calculated.
  • You will be able to discuss strategies your company can implement to take control of your processing fees.
  • You will be able to identify techniques on how you can reduce your credit card processing fees.

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Why Lorman?

Over 31 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 Explanation of the Credit Card Processing History

Who Benefits from the Credit Card Processing Fees You Pay?

What is Interchange, and how are the Interchange Fees Calculated?

Techniques on How to Reduce your Credit Card Processing Fees

Examples of Savings

How to Receive a Free Savings Analysis

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Why Lorman?

Over 31 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

Live Webinar Registration

  • CPE 1.2 including Specialized Knowledge 1.2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.2 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.0 hour.
     

Who should attend?

This live webinar is designed for CEOs, CFOs, controllers, treasurers, presidents, procurement specialists, accounting managers, finance managers, business owners, accounts receivable managers, risk officers, credit card program administrators, operational risk managers, internal auditors, and other similar titles.

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Why Lorman?

Over 31 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

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 7 years Jeremy has become an expert in all things relating to the credit card processing industry. In fact, last year alone Verisave saved its customers over $5.3 million on credit card processing fees.

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Why Lorman?

Over 31 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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Product ID: 405244
Published 2018
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