Free processing rate check
What are you really paying to process cards?
Your merchant statement splits the cost across interchange, assessments, processor markup, and a stack of monthly fees. Your effective rate is the one number that cuts through it. Enter two figures to see yours.
Free calculator
What are you really paying to process cards?
Your statement splits the cost across a dozen line items. Your effective rate is the one number that cuts through it: total fees divided by total card sales.
Example: $100,000 in card sales with $3,470 in fees is a 3.47% effective rate, about $3,470 taken from every $100,000 you run.
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The total fees line on your statement. A rough number is fine.
What your free review includes
- Your effective rate against competitive restaurant rates
- Which fees on your statement are negotiable and which are not
- Whether a different processor could lower your markup
- Whether you can switch processors without replacing your POS
- A recommended next step, with no obligation
Norvet MSP and its payment-processing partners run the review. Prefer to talk it through? Call 888 598-7677.