• 1

    Determine total fees and deductions you were charged from your most recent processing statement

  • 2

    Divide this number by the total volume of card sales (exclude Amex*)

  • 3

    If greater than .02, call┬áMerchant’s PACT

calculating effective rate

*Most merchants are billed separately for Amex transactions.
Effective rates for most merchants should average between 1.70% and 2.1%; depending upon your average ticket, card mix, and monthly volume. If your effective rate exceeds 2% ( or .02 based on the calculation above) you are likely paying too much! Please contact us today!