Announcements
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AFP 2020 Session preview: Harnessing Payments Data to Gain Powerful Insights
Anand Goel, CEO of Optimized Payments, is set to speak at this year’s AFP Conference in Las Vegas. During these challenging times of social distancing, furloughs, layoffs, and working from home, it seems more critical than ever to do more with less and make data-driven decisions. The same holds true with card payments. Shifting from
June 2, 2020 -
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
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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Wirecard and the Curious Case of the Missing $2 billion
As COVID-19 worsens financial crisis in Europe, Wirecard, a global FinTech company based in Germany filed for insolvency after losing over $12 billion in market value after EY audit reports showed insufficient evidence of $2 billion in profit earned over a decade. Wirecard, a German payment processor and financial services provider, with over 20 years
June 26, 2020 -
VISA and TerraPay Partner Drive Real-Time Payments Interoperability
A global payments infrastructure company, TerraPay, and Visa announce a strategic partnership to work together to drive real-time digital remittances, interoperability, financial inclusion and drive adoption of cashless payments. Partnerships have played a vital role in Visa’s growth strategy as their collaboration with TerraPay will help boost interoperable financial services and products to push much
June 24, 2020 -
The Credit-Card Fees Merchants Hate, Banks Love and Consumers Pay
Cash is becoming a less preferred method of payment due to an increased dependability on credit cards, apps, and online shopping, especially during the pandemic. With the use of non-cash payments, comes increased costs for merchants in the form of high interchange fees. Interchange fees are paid to the card issuing bank and can be
June 23, 2020 -
Strategically Managing Card Swipe Fees
U.S. merchants will spend over $90 billion in credit card processing or swipe fees in 2019. For many organizations, swipe fees represent one of their top five operating costs. Swipe fees continue to grow not only due to an increase in card sales, but also due to increases in interchange and network fees. Just this
April 22, 2020 -
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