Why advertised rates are not enough
Two processors can advertise different percentage rates and still reverse order on the final bill. Card type, keyed versus in-person payments, online transactions, average ticket size, chargebacks, hardware, and monthly fees all affect effective cost.
Your effective processing rate
Total processing fees ÷ total card sales × 100
Use the total fees and total card sales from the same statement period. This gives you a practical starting point for comparison.
What to collect before comparing
How Elevient approaches the comparison
Elevient integrates with Helcim's interchange-plus pricing. The current illustrative averages shown on our pricing page are 1.93% + 8¢ for in-person transactions and 2.38% + 25¢ online. Actual cost varies with interchange, card mix, transaction method, and volume.
We compare those inputs with the fees on your current statement. If the numbers do not show a meaningful advantage, we will say so. Payment processing should support the wider website and booking decision, not rely on an inflated savings promise.
Request a statement review
Bring one recent processing statement to a 15-minute review. We will calculate the effective rate, identify recurring fees, and compare the numbers using your actual transaction profile.
Book a 15-minute review