{"id":25741,"date":"2025-10-28T06:26:16","date_gmt":"2025-10-28T11:26:16","guid":{"rendered":"https:\/\/reformingretail.com\/?p=25741"},"modified":"2025-10-28T06:26:17","modified_gmt":"2025-10-28T11:26:17","slug":"to-catch-a-predator-massive-tsys-carnage","status":"publish","type":"post","link":"https:\/\/reformingretail.com\/index.php\/2025\/10\/28\/to-catch-a-predator-massive-tsys-carnage\/","title":{"rendered":"To Catch A Predator: Massive TSYS Carnage"},"content":{"rendered":"\n

Looks like theres going to be a nice Christmas party over at Global Payments this year.<\/p>\n\n\n\n

Global, who owns TSYS, must be in dire straights.<\/p>\n\n\n\n

This is a heavy<\/em> rate increase.<\/p>\n\n\n\n

This is the kind of behavior that makes the jobs of Toast, Spoton, and Square so easy, by the way.<\/p>\n\n\n\n

“Hello Heartland POS merchant, did you get pummeled by your processor last month?”<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

100 bps is wild.<\/p>\n\n\n\n

Wonder how they’ll get away with it.<\/p>\n\n\n\n

We know: embedded payments.<\/strong><\/p>\n\n\n\n

See, once a merchant is using your software, switching is painful.<\/p>\n\n\n\n

Payment bros know this.<\/p>\n\n\n\n

One might reach for the aphorism “frog in a boiling pot”, intending to show that processors who own the software can slowly<\/em> turn up the crank before merchants realize they’ve ceded their entire profit margin to a greedy processor, but honestly these processors don’t even bother with the middle temperatures anymore:<\/p>\n\n\n\n

From zero to boil in no time flat.<\/strong><\/p>\n\n\n\n

Check out how it works in practice.<\/p>\n\n\n\n

The below statement is from a $3M\/mo Heartland POS restaurant.<\/p>\n\n\n\n

26 locations.<\/p>\n\n\n\n

The poor Heartland sales rep was not only blindsided, but doesn’t even earn on the markups.<\/p>\n\n\n\n

This is July 2025.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

And this is August 2025.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

LOL.<\/p>\n\n\n\n

An extra $30K a month because Heartland can.<\/p>\n\n\n\n

Payment Authorities<\/a> sent this our way, and wow, what a time to be alive. <\/p>\n","protected":false},"excerpt":{"rendered":"

Looks like theres going to be a nice Christmas party over at Global Payments this year. Global, who owns TSYS, must be in dire straights. This is a heavy rate increase. This is the kind of behavior that makes the jobs of Toast, Spoton, and Square so easy, by the way. “Hello Heartland POS merchant, […]<\/p>\n","protected":false},"author":1,"featured_media":25742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5,4,3],"tags":[],"class_list":["post-25741","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-solutions","category-merchants","category-pos","post_format-post-format-image"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p81nA2-6Hb","jetpack_featured_media_url":"https:\/\/i0.wp.com\/reformingretail.com\/wp-content\/uploads\/2025\/09\/IMG_5860.jpg?fit=2532%2C1170&ssl=1","_links":{"self":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/25741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/comments?post=25741"}],"version-history":[{"count":2,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/25741\/revisions"}],"predecessor-version":[{"id":25791,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/25741\/revisions\/25791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/media\/25742"}],"wp:attachment":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/media?parent=25741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/categories?post=25741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/tags?post=25741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}