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B137: What You are NOT Being Told About Credit Card Processing

October 26, 2022 @ 3:00 pm - 4:00 pm EDT
Credit card processing or Merchant Services is widely used by businesses and nonprofit organizations.  One can hardly image today going through life without being able to purchase goods and services without using a credit card.
 
In spite of its ubiquitousness in commerce, there are a lot of things that organizations are not being told about credit card processing (aka Merchant Services).  If you know some important things that you are NOT being told today by your service provider (or in the general media), you would have greater opportunities for data security, cost savings, and process improvements (i.e., eliminating manual processes).
 
LEARNING OBJECTIVES
 
  • Learn about 4 important payment trends which emerged from the pandemic.
  • Learn two key changes you should make in 2022 with your payment and credit card collection practices.
  • Understand Credit card fees — what you are NOT being told and why that is costing your organization money.
  • Learn alternatives to credit card collections — the ecosystem that supports Visa/MasterCard and AMEX definitely don’t want you to know this.
  • Learn PCI compliance and security issues for 2022 — why are you not aware of this.
  • Learn how to do an RFP for Merchant Services — an outline that you can use today.
Level Beginner
NASBA (Field of Study) Specialized Knowledge
CAE (Subject Domain) Operations
Prerequisites and advance preparation needed 1 years operations experience. No advance preparation required
Reviewer Wade Tetsuka, CPA
CPE/CAE Credits 1.0
Delivery Group Internet Based

As a CAE Approved Provider educational program related to the CAE exam content outline, this program may be applied for CAE credits toward your CAE application or renewal of professional development requirements.

U.S Transactions Corp. 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 website: www.NASBARegistry.org.

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

(National Registry Sponsor Nr: 138278)

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INSTRUCTORS
Jenni Glaze
COO, US Transactions Corporation
Jen Glaze is COO and practice leader for our Microsoft ERP payment integration solutions. She is a subject matter expert in SaaS based payment platforms.…
Wade Tetsuka, CPA
President, UST
Wade is a CPA who brings 20 years of financial expertise and business management experience to U.S. Transactions Corp. He was previously with Ernst &…