The Great American Heist

How Credit Card Processors Steal Businesses' Profits

by Robert L. Day



Book Details

Language : English
Publication Date : 7/27/2023

Format : Softcover
Dimensions : 6x9
Page Count : 144
ISBN : 9781665745093
Format : Hardcover
Dimensions : 6x9
Page Count : 144
ISBN : 9781665745116
Format : E-Book
Dimensions : N/A
Page Count : 144
ISBN : 9781665745109

About the Book

BILLIONS of dollars are being siphoned off of American businesses every year. Merchant processing is the means. Inflated, made-up, hidden fees and forced interchange downgrades are the method for stealing merchants’ profits. If you think your company is immune, think again. As a former executive for one the world’s largest processors and now Managing Partner of, I’ve watched this industry deteriorate for almost 25 years. It used to be that right was right, and wrong was wrong. Not so today. Greed and corruption abound, and the lack of government oversight and regulation makes it easy for them to simply take the money right out of your bank account. It’s time to sound the alarm. In this book, I take you behind the scenes and show you the deceptive billing tricks processors use to overbill to the tune of millions of dollars a year for larger merchants, down to tens of thousands for small merchants. Guess this is why some say I am the most hated man in America by banks and credit card processors. For me, I wear that title as a badge of honor.

“I’ve used Robert to help with Kellogg’s, IBM, HP, and now Facebook, WhatsApp, Instagram, and Oculus. He sells himself short, but he has the team and resources to help small companies as well as the top 5 world’s largest! Do not overlook this company!”

Trevor Gleeson

About the Author

Robert Day is referred to as “the Industry Expert” by every major credit association. He shared a stage with Steve Forbes as well as co-authored a book with him, and speaks all over the country about the overbilling of merchant processing. Robert and his wife, Maureen, live in Southwest Florida and have five adult children and seven grandchildren.