Save 20% on your processing fees! – Use a broker.
Why a broker? We represent most of the major processors directly and not just one company. We put your business first and select the best company for your needs. Our buying power saves merchants money and our in house, no cost PCI program means you’re never surprised by non compliance fees. Finally, we provide a personal agent who monitors and helps manage your account, handles any questions or issues that may arise and keeps things running smoothly. An experienced person you can go to for anything!
It’s simple…
Take your TOTAL fees paid divided by your total card sales. This will give you your Effective Rate.
total Fees/Total Card Sales= Effective rate
That’s it!
If you do over 5K in card sales then most businesses effective rate will fluctuate slightly, but it’s probably around the same every month. (If you check the last six months you’ll get an accurate average.)
What should your rate be?
Your effective rate is primarily based on your average ticket size, (sales / tickets) and also whether your cards are all swiped or keyed or both. Pin debit can make a difference sometimes as well.
The chart below shows you the effective rates Advantage Card Services merchants are paying.
Average Ticket
Under $10.00
Under $10 w/pin
Over $15.00
Over $15 w/pin
100% Swiped
2.5%
2.35%
1.6%
1.3%
100% Keyed
3%
N/A
2.1%
N/A
50% swipe/50% key
2.7%
2.5%
1.8%
1.65%
How do we compare?
Statements are all different and many can be confusing so be sure to account for all the monthly and annual fees you are being charged.
Need help?
Simply fax or email a current processing statement and your contact info and we can quickly show you your effective rate and how much you could save.
With guaranteed best pricing and a personal agent you’ll be glad you did!
On average, merchants that switch to Advantage Card Services save 20% of their monthly fees.
Please call us anytime with any questions. We’re here to help and we want to earn your business!