Free tool

What is your card machine costing you a year?

Two numbers from your merchant statement and you have the annual figure. Most business owners know the percentage but have never multiplied it out. This is an illustration to help you compare, not a quotation.

Your figures

Card turnover a month Roughly what your customers pay you by card each month. Your current rate On a recent merchant statement. If you cannot find it, leave it as it is.

Quick fill

Nothing you type here is sent anywhere. The figures stay in your browser until you decide to talk to us.

On these figures, card processing costs you £2,100 a year

A month£175

A week£40

Per £1,000 taken£17.50

Card turnover a year£120,000

Ask us to review this

No charge to you. The provider pays us.

What a different rate would mean

The same turnover at other rates, so you can see what a fraction of a percent is worth over a year. These are arithmetic, not offers. What you would actually be charged depends on the provider, your card mix and how your business trades.

Annual card processing cost at a range of rates
Rate	A month	A year	Against your rate

Reading your statement

What the percentage does not include

The headline rate is the biggest line for most businesses, but it is not the whole bill. When we review an arrangement we look at all of it.

Authorisation chargesA few pence on every transaction, separate from the percentage. On high volume, low value trade this can rival the rate itself.

Minimum monthly service chargeA floor you pay whether you hit it or not. Quiet months cost proportionally more.

Terminal rentalOften on a separate agreement to the processing, sometimes with a different end date.

PCI compliance feesCharged monthly or annually, and sometimes charged again as a non compliance penalty.

Contract length and exit termsWhat it costs to leave matters as much as what it costs to stay.

Card mixCommercial, international and premium consumer cards are usually priced differently to a standard debit card.

Straight answers

Questions about the numbers

Where do I find my rate?

On your monthly merchant statement, usually shown as a percentage per transaction. Some statements list several rates for different card types. If you are not sure which to use, take the one applied to the largest share of your turnover, or call us and we will read it with you.

Is the percentage the whole cost?

No. Authorisation charges, minimum monthly fees, terminal rental, PCI charges and exit terms all affect what you actually pay across a year. The percentage is the largest part for most businesses, which is why the calculator starts there.

Does this tell me what I would pay elsewhere?

No, and it deliberately does not try. It is arithmetic on your own figures so you can see what a fraction of a percent is worth over a year. What another provider would charge depends on your card mix, your average transaction size and how your business trades.

What happens if I ask you to look at it?

We ask for a recent statement, compare what you pay against the panel we work with, and tell you what we find. If your current arrangement is already competitive we will say so. There is no charge to you at any point and nothing to sign.

Before you sign anything

The calculator gives you an estimate. These explain what the real numbers on your statement mean.

Want us to check the real figure?

Send a recent statement and we will work through it properly, including the charges the percentage hides.

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