Risk-free analysis of your entire Electronic Payment Processing environment. Our core focus is reducing processing costs – we average 27-28% in savings. If we don’t find savings, there is no fee. If we do find savings for you – our fees are self-funded as a portion of what you used to pay providers, the net profit goes to you.

2. PROCESSING CONSULTING

3. EPP EXPLAINED
• Risk-free analysis of your entire Electronic Payment
Processing environment.
• Our core focus is reducing processing costs – we
average 27-28% in savings. If we don’t find savings,
there is no fee.
• If we do find savings for you – our fees are self-
funded as a portion of what you used to pay
providers, the net profit goes to you.
Schooley Mitchell’s Value Proposition

4. EPP EXPLAINED
• Independence and objectivity – we have no
affiliations with any supplier.
• We remain vigilant – we remain up-to-date regarding
the latest government regulations and best-in-class
price points.
• Service guarantees your pricing will not be affected
by portfolio wide rate increases.
Schooley Mitchell’s Value Proposition

5. EPP EXPLAINED
• True costs associated with processing are not
disclosed.
• The electronic processing/merchant service industry
is mostly unregulated when it comes to billing and
sales practices.
• Extremely complex and cloudy system by which
processing costs are determined.
• Convoluted billing systems – wholesale relationship
not available to most businesses.
Why is EPP Confusing?

6. EPP EXPLAINED
• New equipment is usually not required.
• Banks and processing company salespeople are not
independent – they sell machines and services.
• Existing banking relationship does not have to
change in order to obtain maximum savings.
EPP Industry Facts vs. Fiction

7. EPP EXPLAINED
Components of Card Processing Costs
Interchange
Interchange Rate (522 rates) *Very
difficult to determine if appropriate rates
are charged
DPI (Discount Per Item)
Dues and Assessments
Visa = 0.11% + $0.034 APF Fee
MC = 0.11% + $0.034 NABU Fee
Disc = 0.105% + $0.034 DNAF Fee
MSP (Merchant Service
Provider)
Monthly Access Fee
Discount Rate (% above Interchange)
Communication Fees
Front-End Authorization Fee
Back-End Capture Fee

8. EPP EXPLAINED
 No-Risk Audit
 Non-Biased Needs Analysis
 Educational Process
 Pricing Locked In
 Transparent Cost Plus
Pricing & Billing Structure
 Wholesale Level Price
Structure
 24-48 Hour Deposit Times
 Interchange Category
Auditing
 Monthly Auditing and
Quarterly Reports
 PCI-DSS Consulting & SAQ
Guidance
 All Major Processing
Platforms
Why Review/Audit?

9. EPP EXPLAINED
1) Do you accept payments from your
customer/clients by:
a) Credit Cards
b) Debit Cards
2) Are you aware that government legislation (Durbin
Amendment) has caused significant changes in the
costing of EPP services? It is unlikely you are
receiving the appropriate benefits for your method
of doing business.
3) Do you receive a monthly statement from a
Processor detailing transaction charges for
electronic payments received?

10. EPP EXPLAINED
4) Are you aware there are hundreds of different rate
categories for processing depending on the type,
volume, and size of transactions?
a) And wholesale pricing options are available in some cases?
b) And there is a possibility for errors in applying rate categories?
c) And there is legislation that affects costing for some categories?
d) And you do not have to change banks to qualify for reductions or recoveries?
5) Would you like us to audit this area for you, where we
review your processing statements and agreements,
apply analysis tools to break down various transaction
types and options, and apply our consulting process to
reduce your monthly costs for you? We have been able
to reduce our client costs by an average of 27-28%.