April 1, 2026
Why we ask for a recent merchant statement
Card mix, downgrades, and monthly fees change your real cost. A current statement keeps the comparison honest.
Your effective rate is the only number that matters for savings. It blends interchange, assessments, and every line item your processor adds.
A statement from last quarter might miss a new fee, a pricing change, or a shift in how your customers pay. We ask for recent paperwork so we do not quote against the wrong baseline.
If you operate in the US or Canada, send the summary your processor emails each month. We will mark what maps to interchange versus markup and show where the program we place you on would land.