Announcements
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Optimized Payments is hiring!
We have 3 new positions open for the right individuals. Check out our careers page to learn more about these positions and learn why Optimized Payments is a great place to work. Chargeback Product Manager Interchange Analyst Senior Tableau Developer
March 6, 2020 -
Anand Goel to present at NACHA Payments 2013
Anand Goel will be in San Diego, CA to present at the NACHA Payments 2013 conference. He will be discussing analytics and demonstrating how they can be used to understand and lower the cost of processing debit and credit card payments. To find out more about the NACHA conference, go to https://payments.nacha.org/.
March 13, 2013 -
Anand Goel to present at AFP’s 2012 Annual Conference
Anand Goel will co-present Nuances of the Game: Strategies to Manage Card Interchange at this year’s AFP annual conference in Miami.
October 15, 2012 -
Anand Goel added as a Payments Advisor for Proformative
Anand Goel was added as a Payments Expert on Proformative for his unique insights into the electronic payments industry.
May 1, 2012 -
Anand Goel speaks at MRC Conference
Anand Goel presents Using Analytics to Manage Payment Acceptance Costs at the 2012 Annual MRC (Merchant Risk Council) Conference in Las Vegas, NV.
March 28, 2012 -
Anand Goel added to the Editorial Advisory Board for AFP’s Payments Newsletter
Anand Goel was recently added to the Editorial Advisory Board for AFP’s (Association of Financial Professionals) Payments newsletter. His unique perspective on payments and his contribution with quotes and articles have helped define him as an expert in his field.
February 29, 2012
Press Releases
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Optimized Payments Consulting Rebrands as Optimized Payments
Optimized Payments Consulting Rebrands as Optimized Payments New name. New look. Analytics focused. Atlanta, GA, October 15, 2019: Optimized Payments Consulting, a leading payments consulting and analytics firm, has rebranded as Optimized Payments. The main reasons driving this rebrand are its continued focus and investment in building a technology platform for advanced payment analytics. On
October 22, 2019 -
New payments expert joins OPC to solve payment pain points for merchants.
Optimized Payments Consulting welcomes new payments expert! Optimized Payments Consulting (OPC) is excited to announce and welcome Joseph Dembek as Vice President of National Accounts. Joseph has extensive experience in interchange management, chargebacks, cost management strategies and all aspects of credit card processing. Anand Goel, OPC CEO, stated, “We are excited to have Joseph join
January 10, 2018 -
Optimized Payments to help U.S. Merchants file their potential claim for the $7.25 billion Visa and MasterCard settlement
U.S. Merchants who processed Visa and MasterCard credit and/or debit cards between January 1, 2004 and November 28, 2012 are members of $7.25 billion Visa and MasterCard settlement and will be eligible to file a claim when the settlement receives final approval. Optimized Payments Consulting has just launched an agent service to file claims on
September 26, 2013 -
Optimized Payments Launches Online Calculator to Help U.S. Merchants estimate their potential claim value from the $7.25 billion Visa and MasterCard settlement
Last November 2012, Judge John Gleeson of the U.S. Eastern District of New York gave preliminary approval to a proposed $7.25 billion antitrust settlement claim against Visa and MasterCard. Optimized Payments Consulting has just launched a free online calculator to help merchants estimate their potential claim value along with a LinkedIn group to engage participants
May 7, 2013 -
Optimized Payments Introduces Free Online Calculator to Help Merchants Estimate Their Monthly FAN Fee
Visa’s Fixed Acquirer Network Fee (FANF) will be passed on to merchants beginning April 1st. The calculation of this fee is extremely complex and large merchants with many locations, multiple MCCs and mix of card present and card not present sales are having a difficult time calculating the impact of this fee to their organization.
April 10, 2012 -
Optimized Payments Launches Free Online Calculator to Helps Businesses Understand & Lower Credit Card Processing Costs
Company launches a free online calculator along with free webinars to help businesses of all sizes understand and lower their cost of processing credit and debit cards. Read press release here.
July 2, 2009
Articles
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Guidance for Outlining your Key Payments Goals in 2020
As you are coming up with your personal resolutions for the new year, we wanted to offer some potential payments ‘resolutions’ or goals for your organization for 2020. Here are 5 key payments goals that you should tackle or start tackling in 2020: 1. Security – Encryption/Tokenization/Omni-channel Every retailer with exception of Automated Fuel Dispensers
December 19, 2019 -
Payments are Constantly Changing – October 2019 Regs Release Highlights
The joys of the fall season…football, beautiful weather, leaves are falling, and card brand rate changes. As the card brands tend to make their regulatory and rate changes every Spring and Fall, we like to keep you updated on many of the most significant changes, so you are prepared for the final quarter of 2019
October 22, 2019 -
Strategies for Managing the Cost of Processing Small Ticket Payments
Published in AFP Payments Newsletter July 2012 The cost of processing low value debit card sales (transactions less than $15.00) has dramatically increased for merchants since the implementation of the Durbin amendment on October 1, 2011. While this new regulation caps the debit interchange fees for regulated transactions and has saved billions of dollars for
July 1, 2012 -
Overview of EMV in the U.S.
What is EMV & why is it important? EMV is an acronym for Europay, MasterCard, and Visa, and represents the 1994 founders of the global standard for credit and debit payments based on chip card technology. Today, Europay is owned by MasterCard and EMV standards are set by EMVCo, a joint venture of Visa, MasterCard,
February 22, 2012 -
Undercard Bout – American Express prepares for 12 rounds with the DOJ
Anand Goel was quoted in an article by Andrew Deichler in the AFP Exchange December 2010 issue American Express is lacing up its gloves and preparing to do battle with a fairly formidable opponent: the U.S. Department of Justice. In an attempt to crack down on credit card companies that it feels hold too much
December 1, 2010 -
Get a Grip – Understanding and Managing Your Payments Effective Cost
Published in AFP Exchange October 2009 Pricing in the credit card processing industry is very complex and most merchant statements do not make it any easier to understand. There are so many technical and industry laden terms – interchange fees, qualification tiers, downgrades, batch fees, ACH fees, authorization fees, settlement fees, AVS fees, and PCI
October 1, 2009