Paper or PDF statements
Look for the summary: total amount submitted for sales, and the grand total of all fees and charges. Some statements show a smaller 'total fees' line that covers account fees only; use the grand total.
Switch and save
Switch credit card processors and see what you'd save
Send us a recent statement. We find your real rate, explain every fee line in plain words, and show you what the same month would cost with us, before you decide anything.
Two-minute request. Our team in Newnan follows up.
Registered ISO · Office in Newnan, Georgia · Serving businesses nationwide
Your effective rate
Two numbers tell you what you really pay
Divide total fees by total card sales for the same month. That is your effective rate: what you really pay, however many fee lines the statement has. Use gross card sales, count every fee line, and spread annual fees over twelve months.
| From one month's statement | Example |
|---|---|
| Total card sales | $30,000.00 |
| Total fees and charges | $910.00 |
| Effective rate (fees divided by sales) | 3.03% |
| What you pay per $100 in card sales | $3.03 |
Illustrative numbers. Our rate tool does this math from your own statement, in your browser.
Where to look
Finding the totals on your statement
Start on the summary page, then check the first and last pages for notices about fee changes. Some providers send no statement at all; the numbers are in a report instead.
Square
No monthly statement. In the Dashboard, open Reports and use the fees report or the Fees line in the Sales Summary.
Stripe
The Balance summary report shows gross volume, fees and net, side by side.
Toast
In Reports, open Payments, then Processing statements.
Worth a closer look
Lines we point out on statements
- A PCI non-compliance fee, usually removable by completing the yearly security questionnaire
- Many sales landing in non-qualified buckets on tiered pricing, where the processor picks the bucket
- Vague lines such as misc or admin fees, statement fees and monthly minimums
- A rate-change notice in the message section, or fees rising while sales stay flat
- A terminal lease billed by a separate leasing company, which won't appear on the processing statement
We show you the line on your own statement. We never guess at what a fee is, and we never promise a refund from your current provider.
Get your statement read, line by line
Send a two-minute request. We show you your effective rate, explain each fee and quote the same month with us before you decide.
- Send a two-minute requestWhat you need is already selected.
- Confirm your emailThen finish a short checklist.
- Get approvedUnderwriting reviews it and we keep you posted.
- Get set upWe set up your account and devices, and test a live sale.
Before you cancel anything
Your current agreement and any early termination fee
Find your current processing agreement before you switch. It states the term, how it renews and any early termination fee. Bring it to us and we read it with you, so you know what leaving costs before you decide.
If you lease a terminal, the lease is a separate contract with its own terms. Bring that too. And keep your current account open until your new account is approved, set up and running a live sale.
How switching works
Switching, step by step
Send a two-minute request
Tell us about your business and how you take cards today.
Upload your statement securely
After you confirm your email, a short checklist lets you upload a recent statement. Please don't text or email statements: they show your merchant number and part of your tax ID.
See the comparison
We show you your effective rate today and quote the same month with us, model and rates named, before you sign.
Switch over
After approval we set up your account and your Clover or gateway, test a live sale, and then you close the old account under its agreement.
Already on Clover?
Clover through another provider
Clover devices bought through another provider are a special case: whether they can move depends on who you have them with. Call us at (770) 629-0928 before you change anything and we will look at it with you.
In-person businesses
Add 3.5% off for cash
If you sell in person, the cash discount program can change what card acceptance costs you: your posted prices are the card prices, and customers who pay cash get 3.5% off. It applies to in-person sales only. See how 3.5% off for cash works.
FAQ
Questions owners ask
Will switching processors interrupt my sales?
It shouldn't. Keep your current account running until your new account is approved and set up. We test a live sale on the new setup before you stop using the old one.
Do I have to pay an early termination fee?
It depends on your current agreement. Some agreements have no fee after the first term; others charge one, and some renew automatically. Bring the agreement and we read it with you before you decide.
What if I use Square or Stripe?
There is no monthly statement, but the numbers are in your reports. In Square, use the fees report; in Stripe, the Balance summary report. Send us the month's gross sales and total fees and we compare from there.
What is a good effective rate?
It depends on your card mix, your average sale and how customers pay. Published industry guides put most small businesses between about 2.5% and 4%. Your own statement tells us more than any benchmark.
Can you just match my current rate?
We quote from your statement, not from a headline rate, because the pricing model and the account fees change what you really pay. If your current pricing is already competitive, the comparison shows that.
See what you could save.
Send a two-minute request and a recent statement. We show you what you pay now and what the same month would cost with us. Our team is based in Newnan, Georgia, and we work with businesses nationwide.
See what you could saveCall (770) 629-0928
Approvals usually come back within hours, three days at most.
Book a call with our team- Call our team: (770) 629-0928
- Registered ISO; every account is subject to underwriting approval
- Based in Newnan, Georgia, serving merchants nationwide
- Card details go on the processor’s secure hosted forms; we never handle them