Send us your statement. We'll read it back to you.
Processing statements are written to be hard to read. Upload last month's and we will separate what went to the card networks from what your processor kept, and name every fee that did not need to be there.
Three steps, and no sales call in between.
You send the statement
The fee summary page is the one that matters. Black out anything you would rather we did not see; we only need the totals and the fee lines.
A person reads it
Someone who reads these every week separates pass-through cost from margin and lists the fees that exist only because somebody added them.
You get the breakdown
Yours to keep, whether or not you move to us. Plenty of people take it back to their current processor and negotiate. That is a fine outcome.
What happens to what you send us.
You are about to send a stranger a document about your business. It is reasonable to want to know where it goes.
What the lines on it actually mean.
Effective rate
Everything you paid divided by everything you processed. The only number that cannot be gamed, and the one almost never printed on the statement.
Qualified, mid, non-qualified
Tiers invented by processors, not by the card networks. If your statement has them, the rate you were quoted applies to only part of your volume.
Downgrade
A transaction moved to a worse tier, often for a reason you could not have avoided: a rewards card, a corporate card, or a sale keyed in by hand.
Interchange
The card-issuing bank's cut. Published by Visa and Mastercard, identical for every processor in the country, and usually the largest part of your bill.
Worst case, you find out you are already on a good rate.
We will tell you that too. It happens, and it is a better outcome than being sold something you did not need.
