Payment Optimization

Most businesses are unaware that there are card brand programs available to assist in reducing the interchange fees associated with credit card acceptance, which are an integral part of conducting business.

Payment Optimization

Payment Optimization Strategies

Our business solutions are designed to assist you in combating fraud, enhancing chargeback management, and minimizing expenses related to credit card transactions.

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Debit Transaction Optimization

 Enhance authentication and reduce fraudulent activities by requesting a PIN code.

Commercial Card Transaction Optimization

Commercial Card Transaction Optimization

To be eligible for a lower interchange rate, additional transaction data must be provided.

Currency Exchange Multifunctionality

Currency Exchange Multifunctionality

Attract new international customers by simplifying the complexity of currency exchange.

Real Time Currency Conversion

Real-Time Currency Conversion

To avoid confusion, it is recommended to display international transactions in the currency of the cardholders’ home country.

Additional Fee

Additional Fee

The initiative of an additional fee assists in offsetting the costs linked to the processing of credit card transactions.

Service Charges

Service Charges

Your customers will find credit card acceptance to be incredibly convenient, which will ultimately benefit your business’s financial performance.

Advantages of Payment Streamlining

Additionally, Avid’s solutions offer real-time transaction monitoring and reporting, allowing businesses to have better visibility and control over their financial transactions. This helps businesses to identify and address any potential issues or discrepancies quickly, leading to improved efficiency and accuracy in their financial operations.

Furthermore, Avid’s solutions are designed to be flexible and scalable, catering to the unique needs and requirements of businesses of all sizes and industries such as:

Whether a business is a small startup or a large corporation, Avid’s solutions can be customized to meet their specific transaction processing needs.

Overall, Avid’s innovative solutions not only streamline transaction processing for businesses but also help them optimize their financial performance and mitigate risks associated with payment processing.

By partnering with Avid, businesses can stay ahead of the curve in the ever-evolving landscape of transaction processing and payment technology.

Advantages Of Payment Streamlining​
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Combat Fraud

Increase the frequency of transaction validations to reduce the likelihood of credit card fraud.

Currency Exchange Multifunctionality

Enhance Chargeback Prevention

Demonstrate that the transaction has been confirmed and is likely to have been approved by the cardholder to reduce the risk of chargebacks.

Decrease Costs

Decrease Costs

There are various payment optimization programs available to assist in minimizing the transaction expenses linked with credit card acceptance.

What our Merchant Say

Payment Gateway (Freelance Marketplace)
"Managing payments for our freelance community was a challenge. Avid Merchant Services solved it! Their robust platform facilitates secure transactions between freelancers and clients, with multiple payment options and automated payout features. It's a game-changer for our platform!"
Michael Garcia
Michael Brown
Founder, Freelance Hub

Author

  • Emily Chen, Fitness First Club'S Founder

    Emily brings a wealth of financial experience and analytical skills to the table. She specializes in helping businesses optimize their merchant services costs and identify opportunities for improvement. When she's not working, Emily enjoys yoga, reading, and volunteering for animal shelters.

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