Merchant Account Services

Basic Fee Calculator

Purpose: This calculator allows a merchant to get a rough idea of what fees they will be paying on a monthly basis based on the basic fees associated with accepting credit cards. It is not meant to be comprehensive. For a comprehensive calculation of your potential fees use the Advanced Fee Calculator.

Calculator Results

The results of your calculator
will be displayed here.

Discount Rate
This is the percentage rate you have been quoted as paying for your transactions. It will be around 1.69% for retail businesses and 2.30% for Mail Order/Telephone order/Internet businesses.
Transaction Fee
This is the fee you will pay every time you process a transaction. For a retail business this can vary from 10¢ - 25¢ and for Mail Order/Telephone order/Internet businesses it can be from 22¢ to 35¢. Mail Order/Telephone order/Internet businesses need to include their AVS fee, if any, to their transaction fee since it is always charged on every transaction.
Statement Fee
This is the monthly fee you will pay for having your merchant account. It covers the merchant account statement you will receive every month and usually customer support as well. This is typically around $10.00.
Monthly Minimum
This is a fee that you are charged if you do not incur enough fees each month. It is added on to whatever fees you are charged for the month. It typically is $25 per month.
Transactions Per Month
This is the number of transaction you expect to process each month by credit cards only.
Average Ticket
This is how much your average sale price is. To determine this take your monthly sales volume and divide it by your monthly number of transactions.