Stoic Payment Solutions
Stop Overpaying for Credit Card Processing
Research shows 42% of merchants have been affected by hidden fees in merchant accounts, while the Federal Reserve’s Small Business Credit Survey found that 80% of respondents reported challenges related to how they send and receive payments, with processing fees being the most frequently cited issue.
Hidden fees add an average of 20% to total processing costs through charges like PCI compliance fees, statement fees, and batch processing fees that weren’t clearly disclosed upfront.
What Is Merchant Processing Optimization?
We analyze your current processing setup, identify hidden fees and overcharges, and implement transparent pricing that typically reduces total costs by 20-40%. Processing fees normally range from 1.5% to 3.5% per transaction, but hidden fees often inflate your actual costs significantly above advertised rates.
What You Can Expect
1. Line-by-line audit of all processing costs and fees
2. Identification of hidden charges like PCI compliance fees, statement fees, and batch processing fees
3. Comparison with true market rates for your business type
4. Interchange-plus pricing showing exactly what you pay for each component
What hidden fees should I look for in my merchant statement?
Common hidden fees include PCI compliance fees ($79-120 annually), statement fees ($10-25 monthly), batch processing fees, gateway fees, and early termination fees. Many processors don't clearly disclose these during the sales process.
How much can I realistically save on processing costs?
Savings typically range 20-40% on total processing costs. For a business processing $50,000 monthly, this often means $300-600 in monthly savings.
But here’s what most consultants won’t tell you: We can potentially eliminate your processing costs entirely through dual pricing programs. This lets you pass the processing fee to customers who choose to pay with cards, while offering a cash discount option. It’s completely legal, transparent, and already working for hundreds of businesses.
Your exact savings depend on your current fee structure, transaction mix, and which approach fits your business model best. We’ll analyze both traditional optimization and dual pricing to show you the numbers then you decide what works for your business.
Are these savings claims backed by reliable data?
Yes. The Federal Reserve's Small Business Credit Survey confirms that 80% of small businesses report payment-related challenges, with processing fees being the most common issue, typically running 2-3% per transaction.
What if I'm locked into a contract with my current processor?
We help you understand your contract terms and explore legitimate exit options. Early termination fees vary widely, from flat $100-500 fees to more complex liquidated damages clauses. We can often find contractual provisions that allow changes.