Frequently asked questions
Short answers on the analysis, switching, and who we work with. If you want the fee-stack detail, start with the guides.
How does the free savings analysis work?
You upload or email your most recent credit card processing statement. PFAdvance compares your effective rate to wholesale-style benchmarks and sends a written analysis, typically within 48 hours. No obligation.
What types of businesses qualify?
Any US or Canadian business processing meaningful card volume. Strong fits include healthcare practices, insurance agencies, auto retail, contractors, restaurants, and other service or product businesses with roughly $30,000 or more in monthly card volume.
Is there a long-term contract?
No. There is no long-term lock-in on the standard PFAdvance offer.
How long does it take to switch processors?
PFAdvance handles application, underwriting, and terminal deployment. Most merchants are live within a few business days after approving the proposal.
Do I have to switch to see the savings?
No. You can take the written analysis to your current provider. Many merchants use it as leverage even if they stay put.
What if you find no savings?
Then you keep your current setup. The analysis is free. On audit-style engagements where we find no savings, you pay nothing.
Is PFAdvance a bank?
No. PFAdvance is an independent merchant services partner that places qualified businesses on wholesale-style processing programs.
Do you work in both the US and Canada?
Yes. Tell us where you operate when you send a statement so we use the right benchmarks and card rules.