Evention Expands Total Recon with Launch of Credit Card Analytics & Payment Optimization
CHICAGO, IL – May 5, 2025
Evention LLC, a global leader in financial automation, today announced the launch of Credit Card Analytics & Payment Optimization, a major enhancement to its industry-leading Total Recon platform. This innovative expansion empowers both hospitality and retail businesses to reduce unnecessary credit card fees, streamline reconciliation, and drive greater operational and financial performance.
With rising payment complexity and growing transaction volumes across hotels, restaurants, and retail stores, operators are facing increased risk involving chargebacks, downgrades, operational errors, and revenue leakage. Evention’s new solution delivers real-time, actionable insights to identify costly inefficiencies and align finance with frontline operations—resulting in measurable bottom-line impact.
“Whether you’re managing a hotel, restaurant group, or retail chain, payment optimization is no longer optional—it’s essential,” said Mike Baldinger, Co-Founder at Evention. “By embedding Credit Card Analytics into our Total Recon platform, we’re giving businesses a powerful tool to reconcile and optimize all payments in one seamless solution.”
Quantifiable Results Across Industries
In hospitality, a 200-room hotel used Evention’s Credit Card Analytics to:
- Reduce high-fee non-secure charges
- Maximize Dynamic Currency Conversion (DCC) opportunities
- Correct operational inefficiencies causing downgrades
- Improve their bottom line by over $13,000 per month, or $160,000 annually
Businesses of all types are seeing impact. A multi-location operator leveraged the platform to analyze payments across their organization and multiple acquirers and implemented operational changes that reduced chargebacks, higher cost payments, and downgraded transactions, while improving checkout compliance and staff training.
One Platform for All Payment Sources
Credit Card Analytics integrates effortlessly with major credit card processors and gateways—whether your business uses a single provider or operates across multiple acquirers. With Total Recon, all payment data is unified into a single platform that offers end-to-end visibility, automated reconciliation, and powerful analytics to drive smarter decisions and reduce manual workload.
Reconcile and Optimize, Seamlessly
This new offering reinforces Evention’s mission to automate and optimize financial processes for the world’s leading hospitality and retail brands. By combining automated reconciliation with payment optimization in a single platform, Evention helps businesses stay compliant, reduce costs, and scale more efficiently.
To learn how Evention’s Credit Card Analytics & Payment Optimization can transform your financial operations, visit eventionllc.com.
