Who FeeVerify is for
FeeVerify works across the payment chain: payment processors and PSPs, payment facilitators, ISOs and gateways, issuing banks, acquiring banks and enterprise merchants. Each pays or earns card fees under agreements that few people check line by line. FeeVerify breaks that billing down and validates it, so overcharges are recovered, income you are owed is collected, and each new month is checked as it lands.
Which businesses does FeeVerify work with?
FeeVerify works with payment processors and PSPs, payment facilitators, ISOs and payment gateways, issuing banks, acquiring banks and enterprise merchants. Each page sets out what that business pays, where the money leaks, how FeeVerify pays for itself looking back and going forward, and how a 30-day diagnostic on your own data works.
Payment processors
Your profit is the spread between what acquirers and schemes charge you and what you charge merchants. FeeVerify recovers overcharges and catches cost changes before they eat into it.
Read more about payment processorsPayment service providers
Several acquirers, many markets and provider services underneath your merchant prices. FeeVerify validates the costs and keeps merchant pricing in step with them.
Read more about PSPsPayment facilitators
Sub-merchants on simple rates, with sponsor, scheme and platform costs that move underneath. FeeVerify checks both, segment by segment.
Read more about payment facilitatorsIndependent sales organisations
Your revenue is a residual calculated by someone else. FeeVerify rebuilds it from your ISO agreement and checks every statement.
Read more about ISOsPayment gateways
Bundled acquiring and per-call provider costs under your merchant prices. FeeVerify validates them and checks merchant billing.
Read more about payment gatewaysIssuing banks
Scheme and processor fees go out, interchange and incentives come in. FeeVerify checks both sides line by line, for banks and for other card issuers such as neobanks.
Read more about issuing banksAcquiring banks
Margin leaks through scheme and processor costs coming in and merchant billing going out. FeeVerify re-costs both ends against your agreements.
Read more about acquiring banksEnterprise merchants
Several acquirers and PSPs, each pricing differently. FeeVerify checks every transaction against their contracts and shows the true cost of each, and processes and routes nothing itself.
Read more about enterprise merchantsWho chooses FeeVerify?
The person who chooses FeeVerify is usually the CFO, the Head of Payments, Treasury or Internal Audit. They sign off or answer for the payments bill, and they want independent assurance of it, owned by Finance and separate from any provider whose invoices are being checked.
The decision often comes when the contracts are open anyway: a renewal or re-tender, a scheme incentive negotiation, an audit, or a quarter where card costs rose and nobody could say why. At that point the question is what the business should have paid, and whether it can show the working.
FeeVerify answers by breaking the billing down, building rules from your agreements and the scheme schedules and side letters that complete them, and checking every transaction against those rules. Each finding links to its source, the calculation and the data. After that it keeps checking each new month, and gives you the economics for the next renewal, tender or routing decision. AI does the high-volume analysis, and experienced payments specialists sign off every material finding, so no new headcount is needed. The how it works page covers the method.
What is one basis point worth?
One basis point is a hundredth of a percent. On $1B of card volume, 1 basis point is $100K a year, and it recurs every year the error goes unfixed. For a processor that is spread; for an issuer it is fees and interchange; for an acquirer, margin; for a merchant, cost of acceptance.
Errors of that size are hard to see on an invoice. They hide in a volume tier not applied, a scheme fee increase never passed on, a downgrade, or a rebate never credited. Each is small per transaction and large across a year.
FeeVerify is proven on real production data from a tier-one cross-border payments business, anonymised, where it re-costed more than 44 million transactions from one month of data and traced a six-figure recurring variance to a single contract clause. The proof page has the figures and the method.
How do you start?
You start with a 30-day diagnostic on one month of your own data, and you see verified recoveries before any recurring fee. FeeVerify's fee is a success fee on the value you accept, with no ongoing commitment, and continuous assurance is optional once the value is proven.
Share your data
Your contracts and agreements, side letters and incentive tiers, pricing, and one month of the settlement, clearing, scheme billing or invoice files that apply to your business.
30-day diagnostic
Every transaction or fee line is re-costed. Variances are quantified and linked to the clause behind them, and the findings are reviewed with your team.
Recover and continue
You act on the findings you accept: claim what you are owed, fix what is leaking and take the numbers into your next negotiation. If you want the checks to keep running, continuous assurance picks up from there.
The first step is a call to agree the pilot scope and the data we need. You can book it on the contact page.
Start with one month of your own data.
A pilot begins with the agreements that protect both sides, then your contracts and one month of settlement data, scoped with a payments specialist on the first call. The 30-day diagnostic re-costs every transaction against them and shows each variance with its clause, before any recurring fee.