Merchant Advocate
Merchant Advocate describes itself as a merchant services auditor that helps merchants reduce credit card processing fees without switching processors. Its site says the process is to analyze, adjust and audit merchant account statements and negotiate with the processor.
Merchant Advocate: Analyze
It says there is no upfront cost and that it shares in the savings. It is not automotive-specific.
| Product or service | Function |
|---|---|
| Analyze | Reviewing merchant account statements. |
| Adjust | Negotiating adjustments to processing fees. |
| Audit | Ongoing auditing of merchant services. |
| Fee reduction without switching processors | Reducing credit card processing fees while keeping the current processor. |
An audit of the processor statement
Merchant Advocate describes auditing, analyzing and negotiating the merchant's existing processing statements. The service is different from installing a payment terminal or replacing the processing platform. merchantadvocate.com
A dealership comparing it with a new processor quote should identify the actual statement fees being reviewed and the arrangement for ongoing monitoring. Keep the payment workflow separate from the statement-review engagement so a negotiated fee change is not confused with a new checkout or DMS integration. merchantadvocate.com