Fundamentals
- How to Read a Merchant Statement: Every Fee ExplainedLearn to read a merchant statement line by line: sales, interchange, assessments, processor markup, monthly fees and chargebacks, with a free analyzer.
- Effective Rate: How to Calculate Your Card Processing RateEffective rate is total fees divided by total card sales. Learn how to calculate it from your merchant statement, with a worked example and what moves it.
- Interchange, Assessments and Markup: 3 Layers of Card FeesEvery card fee has three layers: interchange to the issuing bank, assessments to the network, and processor markup. Learn to spot each on your statement.
- Credit Card Processing Pricing Models ExplainedInterchange-plus, flat rate, tiered, subscription and cash discount: how each is priced and what each looks like on your merchant statement.
- Merchant Statement Fees Glossary: Every Line Item DefinedPlain definitions of merchant statement fees: statement, PCI non-compliance, monthly minimum, batch, chargeback, annual and early termination fees.
Processor guides
- Clover Statement: Where to Find It and How to Read ItClover statements come from your merchant account provider, not the Clover Dashboard. Where to find yours, published Clover rates, and what to check.
- Square Fees Report: How to Read Your Square StatementSquare has no classic merchant statement. Learn where Square shows your fees, what the rates are by payment type, and how to export a report to analyze.
- Stripe Fees Report and Balance Summary: How to Read ThemStripe's Fees report and Balance summary replace a merchant statement. What each shows, Stripe's standard rates, and how to export a month for analysis.
- Toast Processing Statement: How to Read Every LineToast's Processing Statements report is your merchant statement. Where it is, what Payments, Fees, Monthly Adjustments and Withholdings mean.
- Fiserv (First Data) Statement: How to Read ItFind your Fiserv (First Data) processing statement in Business Track and read its summary, fees charged, chargebacks and amount funded sections.
- Worldpay Statement: How to Find and Read It in iQWorldpay merchant statements and fee reports live in the iQ portal. Learn where to look, how interchange-plus lines appear, and what to check each month.