Verifi

About Verifi

Verifi is a company focused on providing fraud prevention and payment dispute resolution solutions within the payment processing ecosystem. They offer a range of services designed to help businesses manage chargebacks and minimize the associated risks and costs. By leveraging advanced technology and analytics, Verifi enables merchants to proactively address transaction disputes before they escalate into formal chargebacks. Their platform integrates with various payment gateways, allowing for seamless communication between card issuers and merchants. This helps in streamlining the dispute process, enhancing visibility around transaction data, and ultimately aiming to improve the overall payment experience for both consumers and businesses alike.

Pricing

Verifi, a payment processing ISO company, typically offers a variety of fees that can impact the overall cost of using their services. Their pricing structure often includes transaction fees, which can range from 2.5% to 3.5% per transaction, depending on the card type and volume. Monthly fees may apply, generally costing around $10 to $30 for account maintenance. Additionally, if Verifi provides a payment gateway, there might be a gateway fee of approximately $15 to $25 per month. Some merchants can also encounter annual fees, which can be around $100 to $150. It’s important for businesses to carefully review these fees as they can vary based on the merchant’s transaction volume and specific service agreements, and bundled pricing options might be available that could reduce overall costs.