Download guide: Merchant statement analysis
Merchant statement analysis is the systematic review of payment processing documents to evaluate transaction records, assess fee structures, and monitor financial activities associated with card-based transactions.
This practice is very important for small businesses as it supports informed financial decision-making and aids in detecting discrepancies or potential fraud.
Guide overview
Our guide, titled “Merchant statement analysis: A comprehensive guide for small businesses” covers the essential aspects of merchant statements. Small business owners will learn:
Key components of merchant statements:
It covers the five core sections of a merchant statement, including identity verification, deposit summaries, transaction details, fee structures, and chargeback tracking.
Pricing models in payment processing:
It breaks down tiered, subscription, interchange-plus, and flat-rate models, explaining their fee structures and suitability for different business types.
Fee calculation and discount methods:
It details markup fee formulas, daily vs. monthly discounting impacts, and how to determine your net effective rate for cost comparisons.
Step-by-step statement analysis:
It provides a systematic process to verify business details, identify pricing models, reconcile deposits, and audit fees for discrepancies.
Best practices for statement management:
It includes strategies for monthly reviews, chargeback mitigation, internal record-keeping, and leveraging software tools for proactive cost control.
Through this guide, small business owners will be better positioned to optimize payment processing costs, identify hidden fees, and safeguard against financial inaccuracies or fraud. Applying the strategies and insights outlined, merchants can transform complex statements into actionable tools for improving cash flow management and driving sustainable business growth.
Start saving on processing with Sekure
When you partner with Sekure, you’re assigned a dedicated, ETA-certified Payment Expert who is readily available by live chat or phone. We handle your payment processing needs with your best interests in mind. This commitment to service is why Sekure has earned top reviews in the merchant processing industry and why customer referrals account for over 30% of our business.
Trusted by over 35,000 merchants, Sekure Payment Experts can promptly uncover what you’re paying in hidden fees. If you believe unnecessary costs are eroding your bottom line, we can help.
Speak with an expert
Sekure helps me understand my statements, and I always trust that I am getting the best rates with them. Francis takes his time to explain everything to me.
Barb
owner of Barb’s Floral Delivery
