How to Detect if Your PSP is Overcharging Transaction Fees

Why PSPs Overcharge Transaction Fees

Payment processors in the UAE often charge hidden fees through:

• Complex Fee Structures: Multiple fee types (processing, gateway, monthly, setup)
• Currency Conversion: Hidden FX markup on international transactions
• Volume Discounts: Not applying promised rates for transaction volume
• Fee Calculation Errors: Incorrect rate application or rounding errors

Common Hidden Fees in UAE PSPs

Watch out for these overcharging tactics:

• Network International: Additional settlement fees, currency conversion markup
• Magnati: Hidden gateway fees, monthly minimum charges
• Stripe: International card fees, currency conversion costs
• PayPal: Cross-border fees, currency conversion markup
• PayTabs/Telr: Setup fees, monthly maintenance charges

How ReconcileOS Detects Fee Overcharging

ReconcileOS provides automated fee validation that catches overcharges:

1. Real-Time Fee Analysis

Every transaction is validated against:

• Agreed fee rates and structures
• Volume discount thresholds
• Currency conversion rates
• Card type and processing fees

2. Automated Overcharge Detection

Instant alerts for:

• Fee rate discrepancies (>0.1% variance)
• Unexpected fee types or charges
• Currency conversion markup overcharges
• Volume discount application failures

3. Detailed Fee Breakdown

Complete transparency showing:

• Base processing fees
• Gateway and setup charges
• Currency conversion costs
• Volume discount applications

UAE-Specific Fee Validation Features

ReconcileOS handles UAE payment complexities:

• AED Currency Support: Local currency fee validation
• VAT Compliance: Fee VAT calculation verification
• Local Acquirer Rates: Network International and Magnati rate validation
• Regulatory Compliance: UAE Central Bank fee structure compliance

ROI of Fee Validation

UAE businesses using ReconcileOS save:

• 2-5% of revenue from overcharge detection
• 10+ hours monthly on manual fee analysis
• 100% accuracy in fee validation
• Immediate refunds for detected overcharges

Fee Validation Process

Get fee validation running in 3 steps:

1. Connect PSPs (1 day): Integrate all your payment processors
2. Set Fee Rules (1 hour): Configure expected fee rates and structures
3. Monitor (Ongoing): Automatic validation and overcharge alerts

Common Overcharge Scenarios

ReconcileOS catches these issues:

• Rate Creep: Gradual fee increases without notice
• Volume Discount Failures: Not applying promised discounts
• Currency Markup: Excessive FX conversion charges
• Double Charging: Duplicate fees on same transaction

Protect your revenue with automated fee validation that never misses an overcharge.