Optimizing Costs with SertifiPay
In this video series, Sertifi's director of enterprise payments, Mike Ryan, walks you through the ways you can process and save with SertifiPay, Sertifi's #1-rated, hospitality-tailored processor.
With our unique combination of features, properties are cutting their card fee burden by as much as 80-90%.
Financial Reconciliation
00:20
How reconciliation works in SertifiPay
02:13
How SertifiPay transactions appear in bank statements
02:45
How to use the SertifiPay batch settlement report
03:32
How to post transactions to the PMS
Cost Savings
00:25
How SertifiPay reduces downgrade fees
01:36
How credit card transactions are priced
02:56
Visa's rate table and how to use it
04:07
Non-qualified/key-entered rates versus SertifiPay eCommerce rate
05:02
ACH fees versus card fees
06:10
Using the SertifiPay cost-savings calculator
ACH Payments
SertifiPay customers save as much as 80% on processing costs by adding our ACH (eCheck) payment option, since ACH fees are .5% compared to card fees of 3% on average.
00:17
Types of ACH payments and usage recommendations
01:39
The benefits of SertifiPay ACH "pull" payments
04:02
How to configure and use ACH from your Sertifi portal
05:30
ACH fees versus card fees
* Surcharging rules and regulations vary by state, country, or individual customer. Please reference our terms and conditions here.
Surcharging
SertifiPay's surcharging feature enables users to charge their guests an extra fee to cover credit card processing fees. Should payers want to opt out of the surcharge, ACH is offered as an alternative payment method.
00:11
What is surcharging
01:49
Surcharging demo (merchant POV)
05:35
Surcharging demo (payer POV)
08:30
How surcharging appears in SertifiPay reports
Statement Reading
We often see merchants paying higher-than-necessary card fees due to improper processes – and worse, these fees are buried in their statements, so they don’t even notice them. With SertifiPay, you can transform your workflow into a secure ecommerce approach, helping you lower those fees by up to 20%.
00:29
Why you need to closely review your statements
01:23
Reviewing your statement and identifying downgrades (higher fees)
05:39
How lodging businesses get downgraded
06:40
Non-qualified/key-entered rates versus SertifiPay eCommerce rate
3-D Secure
3-D Secure (3DS) ensures a seamless payment experience by only requiring additional authentication for high-risk transactions. Processing cards through a 3DS-enabled system also shifts fraud liability from the merchant to the cardholder and issuing bank if a chargeback arises.
00:13
What is 3-D Secure (3DS) cardholder authentication
02:19
How does 3DS work
04:37
3DS demo and how it works with SertifiPay
07:06
Real-world examples of 3DS at work
Additional Resources