Merchant statement review
Find out if your processor is overcharging you.
Send us your latest merchant statement and a payments veteran reads it line by line. You get your true effective rate, a benchmark for businesses like yours, and every fee that shouldn't be there, in plain English.
What we look for
- Your true effective rate. Total fees divided by total card volume: the one number that tells you what processing really costs.
- Padded markups. The margin your processor adds on top of interchange, and whether it's in line with your volume and industry.
- Junk fees. Line items like "PCI non-compliance," statement fees, and annual fees that are often negotiable or avoidable.
- Pricing model traps. Tiered or bundled pricing that pushes more of your transactions into expensive "non-qualified" buckets.
- Contract red flags. Rate increases, early-termination fees, and minimums buried in the fine print.
How it works
- 1
Check out
Pay the one-time $59 fee through our secure Square checkout.
- 2
Upload your statement
Right after checkout you land on a secure page to upload your most recent monthly statement. One full month is all we need.
- 3
Get your report
We read every line and send back a plain-English report with your benchmark and savings estimate.
Example finding
Who it's for
- Retailers, restaurants and service businesses taking cards in person or online
- Owners who've never looked closely at their statement, or can't make sense of it
- Anyone whose rates have crept up since they signed
- Businesses about to renew, renegotiate or switch processors
Our savings guarantee
If Rate Review doesn't save you more than the $59 fee over a year, you pay nothing. That's how confident we are that the numbers are on your side.
Questions
What do I need to send?
Your most recent full monthly statement from your card processor. A PDF or clear photos of every page work. You upload it on a secure page right after checkout, and you can black out bank account numbers first.
How is the $59 guarantee applied?
If our review doesn't find you more than $59 a year in savings, you pay nothing.
Will you try to switch me to another processor?
No. The review tells you where you stand. If you want us to take it further, our Rate Shopping service puts processors in competition for your business, but that's your call.
Is my statement kept private?
Yes. We use it only to perform your review, and we don't sell your information. See our privacy policy for details.
More ways we can help
Not ready to buy? Check your effective rate free with our calculator.