Industry Spotlight: Merchant Cost Consulting

Matthew Rej | Partner | Merchant Cost ConsultingCredit card processing fees can fly under the radar if you don’t know what to look for. Getting assistance from someone who knows the industry as well as the financial world can be helpful in many ways — and it’s only a free consultation away. We spoke to Matthew Rej of Merchant Cost Consulting to learn how you can strengthen your pool and spa business with their services to renegotiate and monitor your processing fees.

AQUA: Please explain what Merchant Cost Consulting can offer businesses within the pool and spa industry.

Matthew Rej, Merchant Cost Consulting: We are a cost reduction company that helps pool and spa businesses reduce, optimize, and alleviate their credit card processing expenses, without changing providers. A typical cost savings that can be expected is a 25% reduction in the current fees you pay.

• We are not a payment processor.
• We are not looking to make you change anything you currently have.
• We understand you have a POS that may integrate with an ERP, accounting system, or the like. It is irrelevant to our work.
• It does not matter if you have, or are in, an existing contract.

AQUA: How does Merchant Cost Consulting advocate for a business?

MR: We leverage our data, market metrics, and payment industry knowledge to ensure our clients are priced properly based on their market and integration, have full optimization on interchange rates when applicable, and that padded fees, rate hikes, and miscellaneous fees are not charged to their account.

AQUA: How is Merchant Cost Consulting compensated for their services?

MR: We ONLY share the successfully achieved savings with our clients. That’s it. If no savings are obtained, nothing is owed to us. We also do free audits for our clients to showcase what potential cost savings could be.

AQUA: For businesses looking to get started with Merchant Cost Consulting, what is the next step?

MR: The next step is to reach out to me at [email protected] for a free consultation to see if cost savings are available.