Merchant statement review

Effective Rate Check

Type in the totals from one card processing statement. You get the rate you actually paid, where the money went, and the questions worth putting to your provider. Amounts are in Canadian dollars.

Statement totals Example figures

Statement coversUsed to estimate a yearly figure.

Card sales processedTotal volume before fees.

Number of transactionsCount of card payments.

Fees charged

Processing or discount feesPercentage-based charges, including interchange and markup.

Per-transaction feesFlat charge on each payment, such as 30 cents.

Monthly or account fee

Statement or minimum fee

PCI compliance feeInclude any non-compliance charge.

Terminal or equipment rental

Chargeback or retrieval fees

Other or unlabelled feesAnything you cannot match to a line above.

Your benchmark

Target effective rateSet this from quotes you have seen. 2.20% is a placeholder, not a market figure.

Where the fees went

What stands out

Questions for your provider

Show summary text

Everything is calculated in your browser and nothing you type is sent anywhere. The flags are rules of thumb and the target rate is yours to set, so treat the results as a starting point for a conversation, not as financial advice. Actual savings depend on your card mix, debit share and contract terms.