Chris DuPont

What is a Professional Merchant Account Quote? A professional merchant account quote is a transparent financial proposal that breaks down the total cost of payment processing into three distinct categories: Interchange fees (paid to banks), Assessments (paid to card brands), and the Processor Markup (the negotiable fee). A truly professional quote avoids "Tiered" or "Bundled" pricing and explicitly uses an Interchange-Plus model to ensure zero hidden fees. In the dynamic landscape of...

What is a Merchant Account Quote? A merchant account quote is a comprehensive financial proposal from a payment processor outlining the transaction rates, monthly fees, and contractual terms for credit card processing. To ensure a quote is fair, it must clearly distinguish between the non-negotiable interchange costs set by card networks and the processor's markup. Expert Verified & Fact-Checked From the Desk of:  Chris DuPont a veteran of Merchant Statement Analysis for over 17 years (...

Article originally appeared in The Green Sheet Issue 130101 Merchant Statement Analysis - The Green Sheet :: Company Profile Better approach to statement analysis Many ISOs spend an inordinate amount of time performing merchant statement analyses on behalf of their merchant level salespeople (MLSs). After facing this challenge firsthand, ISO sales and recruiting veteran Chris DuPont decided to build a company that would allow ISOs to outsource this function. He founded Merchant Statement...