What are you actually paying to process cards?
- Use our free tool. No sign up and no statement upload needed.
- Find out in 10 seconds. Just two numbers from your monthly statement.
- See what you pay and what you could save. Even small rate changes could affect your processing costs.
Get my current rate
Use totals from one month of your card processing statement.
Could I be paying less?
Find out how Avendo can get you better rates.
Calculation for informational purposes only.
What a lower rate can mean in numbers
| If your rate was reduced by | Reduction in fees per year |
|---|---|
| 0.25% | — |
| 0.50% | — |
| 0.75% | — |
Illustrations based on 12 months of the same sales volume. They are not a quote or promise of savings. The actual fees you pay may vary.
Let’s see if you could get a better rate.
Tell us a little about your business. We will tell you if our processing partners can support your business and compete on every transaction you process.
Our processing partners tell us if they can compete for your business. If approved, they compete on pricing for each transaction you process instead of relying on one processor’s pricing.
Avendo never charges you. We bill our processing partners when you use our services.
Thank you, !
Your request is on its way. Our team will reach out to you at as soon as possible.
How this credit card processing fee calculator works
The rate you were quoted is rarely what you actually pay. This credit card processing fee calculator uses two numbers from one monthly statement to find your effective processing rate: what every fee on that statement adds up to, as a share of your card sales.
Total processing fees ÷ total card sales × 100 = effective processing rateFor example, $250,000 in card sales and $8,125 in processing fees gives an effective processing rate of 3.25%. If those figures stayed the same each month, that would be $97,500 in processing fees over 12 months.
What your effective rate does and does not tell you
Your effective rate shows what card processing really costs your business, all fees included. On its own, it does not tell you whether your rate is competitive: that depends on your card mix, average ticket, industry and how you accept payments. To know whether you could pay less, you need pricing from processors for your business, which is what an Avendo review checks.
Where do I find these numbers?
On your monthly card processing statement: the total of card sales (sometimes called volume or gross sales) and the total of fees charged for the same month.
What counts as processing fees?
Everything your processor charged for that month: percentage fees, per-transaction fees, monthly or gateway fees and any other line in the fees total. Using the total is what makes the effective rate useful.
Is my rate good or bad?
The calculator cannot say, and no single number can. Rates depend on your business and how you accept cards. If you ask Avendo for a review, our team checks what our processing partners could offer.
Is this a quote?
No. It is a calculation based on the figures you entered, and the savings shown are illustrations, not a promise.