VeriFee

BACKGROUND

Please describe your company and position.

I am the VP Accounting of Johnstone Supply

Describe what your company does in a single sentence.

HVAC Wholesaler

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire VeriFee to accomplish?

• Lower credit card fees

SOLUTION

How did you find VeriFee?

Referral

Why did you select VeriFee over others?

• Pricing fit our budget
• Good value for cost
• Referred to me

How many teammates from VeriFee were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We asked VeriFee to review our 15+ MIDs for cost savings

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Their team was able to negotiate lower rates with our current processor and helped us reduce non-interchange related expenses by an impressive 80%.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Throughout the process, they were responsive, knowledgeable, and incredibly easy to work with. They also provided valuable insights on potential changes to our hardware and software integrations, which helped us make more informed decisions for the future.

What was your primary form of communication with VeriFee?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

VeriFee made the entire process seamless and stress-free for us. I would highly recommend them to anyone looking to save significantly on credit card processing fees without the hassle of switching providers. A great partner all around!

Are there any areas for improvement or something VeriFee could have done differently?

No improvement opportunities. 

BACKGROUND

Please describe your company and position.

I am the President of Jeff Schmitt Auto Group

Describe what your company does in a single sentence.

We are a group of new automotive dealerships.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire VeriFee to accomplish?

• Reduce credit card processing fees

SOLUTION

How did you find VeriFee?

Referral

Why did you select VeriFee over others?

• Referred to me
• Other

How many teammates from VeriFee were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

I, like most business owners, have grown very jaded and frustrated over the years trying to understand the fee structure of credit card processors. Even the seemingly simple task of competitively comparing multiple vendors ends up in a maze of smoke and mirrors. Jason and Jeremy at Verifee offered up the perfect solution - I sent them my processor's statement and they estimated what they could save me. 

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The best part is the way they get paid - their ONLY fee is a percentage of the savings we get! They negotiated the fee reduction with my current processor, so there was no change in vendors or equipment.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

They treated them with respect, but got the deal done. Also - they review statements going forward to ensure the rate discounts don't "disappear". 

What was your primary form of communication with VeriFee?

Virtual Meeting

What did you find most impressive or unique about this company?

I highly recommend VeriFee's team.

Are there any areas for improvement or something VeriFee could have done differently?

N/A