Credit Card Audit Sales & Production Process
Step 1 |
Expense Reduction Agreement and initial set of documents are submitted by agent via your Stryde HUB |
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Agreement for Services |
Must be signed by client / decision maker Agent shall not countersign, agreement will be countersigned by Vendor |
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Copy of Merchant Statement |
Agent must obtain and submit 1 - 2 recent merchant processing statements in order for us to perform the initial analysis. | ||
| Time Frame | Initial review takes approximately 2-3 weeks from the time documents are received. | ||
Submit all documents above via your Stryde HUB | |||
Step 2 |
Stryde processes new client & audit begins |
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Audit Process |
The credit card audit department will review the submitted merchant processing statements and If a refund is in order, the credit card department will request additional documentation via the Client and upon receiving the additional documentation will begin securing lower fees directly with the merchant services provider. On average this takes 30-60 days from receipt of all client documentation needed to process the lowering of fees. The credit card audit department will work directly with the client to get reductions and money back from the merchant. If a refund is not in order, the clients file will be closed and agent will be notified |
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