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Partner arrangement helps retailers manage interchange fees E-mail


ACI Worldwide Inc. partnered with U.S. Financial Services Group to offer consultancy services to ACI’s retail customers to help them reduce the costs involved in accepting card payments. USFSG is a professional services and consulting group that engages with many of the largest companies in America to assist in reducing merchant credit and debit card processing expenses.

This partnership will enable USFSG to deliver tailored services and consultancy to ACI’s customers and, in turn, will have a deeper knowledge of ACI’s technology when giving recommendations to other clients about how to manage their payments processing expenses.

The consultancy services look at all areas of a retailers payment systems to identify any possible areas for improvements, such as errors in billing, contracts, interchange downgrades caused by incorrect point of sale settings, unneeded services being billed, or incorrect employee procedures. USFSG experts have already helped deliver almost $100 million in cost savings to merchants.

“Interchange fees account for most of the payment acceptance costs so it is essential that systems and processes are as efficient as possible to minimize costs. This partnership will enable us to work with our customers to deliver a positive impact on their overall cost per transaction,” says Louis Blatt, senior vice president, Strategic Planning and Marketing at ACI.