Enhanced financial efficiency
Maximising value and minimising costs
Efficient procurement of merchant card services is crucial for businesses aiming to maximise revenue streams while minimising transaction costs. By implementing strategic sourcing strategies and leveraging market insights, organisations can achieve significant savings in merchant card processing expenses without compromising on service quality.
Here’s how businesses can leverage procurement to drive cost savings in merchant card services.
”Nick and the team at Advantage Buying are a breath of fresh air, our business rates were reduced by £34,055. Can’t really argue with those kinds of results.
Justin HudsonManager, Butlers Gloucester
How We Work
We offer a comprehensive suite of solutions aimed at reducing your costs and enhancing operational efficiency.
- Conduct a comprehensive analysis of current merchant card service agreements to identify areas for potential cost optimisation.
- Negotiate competitive pricing and favourable terms with merchant service providers by leveraging the business’s transaction volume and industry standing.
- Explore interchange optimisation strategies to reduce interchange fees associated with credit and debit card transactions.
- Implement technology solutions such as point-of-sale (POS) systems and payment gateways that offer competitive pricing and streamline transaction processing.
- Consolidate merchant card services across multiple business locations to leverage economies of scale and negotiate bulk discounts.
- Regularly review and benchmark merchant service agreements to ensure they remain competitive in the evolving payment processing landscape.
- Implement fraud prevention measures and security protocols to minimise chargebacks and fraudulent transactions, reducing associated costs.
1
Review
After initial enquiry, we will arrange one of our service managers to access and examine your current contracts and costs.
2
Identify Savings
We will return to you with all our findings and cost savings suggestions and guidelines for you to digest in a quote format.
3
Join Advantage
If you are happy with our findings, we will then take control of all the administration ensuring a smooth transition and switch over.
4
Ongoing Support
Our team will monitor your services during the agreed fixed term. Keeping all cost savings at the centre of what they do.
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Our Services
Effective solutions for your business!
Energy
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Renewables & Efficiency
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Monitoring & Data Collection
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Food Procurement
We work with a wide variety of national and local partners to ensure we remain competitive.
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Disposables & Cleaning
Let us check your products for quality and cost to provide you with savings.
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Waste Management
We reduce your costs and increase profits by offering a no charge, no obligation service.
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Water Rates
Since the market opened up in April 2017, only 13% of businesses have reviewed their water bills.
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Merchant Cards
We reduce your costs and increase profits by offering a no charge, no obligation service.
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Business Rates
We ensure the rates you pay are accurate and we keep you informed throughout the process.
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Business Insurance
Escalating costs and cash flow challenges, your business insurance becomes imperative.
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Vehicle Leasing
Effortless car leasing solutions tailored to your business needs. Drive with confidence.
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Print Management
Whether you are an operator of a single site with low requirement for printing.
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Fire, Security & Pest Control
From design to installation to ongoing servicing of your site, our partners are always professional.
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Asset Finance
We offer a wide variety of financing through our range of regulated partners.
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Find out what you could save
Remember, there is no charge for our services and 100% of all savings achieved are passed directly to you, so what have you got to lose?
