The Secret Money Siphon
Overview:
Credit card processing is an unregulated industry, consisting of a lot of smoke and mirrors transactions, especially in merchant statements. Accepting credit cards as a means of payment, costs organizations money. Banks and credit card companies are the silent partners in this system which allows the collection of money, but what is the impact this has on an organization’s bottom line?This presentation focuses on the most important things organizations need to know about credit card processing and merchant services, as well as the ecosystem and the key players involved in the processing industry.
Objectives:
Topics of discussion will include:- Explore the payment processing landscape and ecosystem
- Identify the key players involved in the processing industry
- Understand how to accept credit cards and what to look for in a credit card processor
- Understand the importance of correct account setup and security
Designed For:
CPAs or accounting professionals
Prerequisite:
Some familiarity with accounting
Additional Info:
Thank you for registering for the "The Secret Money Siphon" OnDemand course. You can begin immediately by going to the 24/7 Learning Library portal at https://ficpa.courselaunch.io and logging in with your current FICPA member login credentials.
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