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Do you know what you're actually paying for your business's payment processing services? Most payment processors will offer attractive base rates, then turn around and hit you with unexpected add-on costs. More often than not, those large costs are hidden fees, so you might not even notice you're being charged.
The amount you're currently paying, fees included, divided by the total dollar volume of the transactions you processed will give you the "effective rate" - the average rate you pay per transaction. Grab your most recent statement and give us a call at 800-551-0951.
Enter information from one of your most recent statements to calculate your overall rate.
In-Person and On-The-Go
plus 12 cents per qualified
swipe or chip transaction.
Online
plus 25 cents
per qualified transaction.
We have been with Elavon for a long time, 10 years, and we wanted to see if Elavon could save us money. We discussed pricing programs and went with Built Around You Pricing (BAY). We also discussed a call back in 3 months to make sure this program still works for us. I appreciate the call from our customer account manager. Our customer account manager is awesome. I am glad I have someone I can contact directly for assistance.
Blythe
Burning Solutions LLC
Actual customer not pictured
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*Visa/Mastercard/Discover service is sponsored through Elavon. Rates listed are for qualified card transactions. Lodging (at 1.79% plus 20 cents) payments are not eligible for the in-person qualified rate. Additional rate tiers and costs apply to non-qualified transactions. A monthly minimum charge of $20 applies when total monthly transaction fees and per-item charges are less than $20 per month. A $25 Application Fee and $4.95 Monthly Statement Fees apply for non-Executive Members. Rates and fees may change without notice. Rate and acceptance are subject to underwriting and business approval. This rate is for U.S. Costco members only. Call Elavon at 1-800-551-0951 for all terms and conditions.
**Estimated savings are calculated on annual processing rates and are based on Elavon's analysis of The Strawhecker Group’s industry data survey in payment processing services as of June 2024 on net revenue from merchants of a similar size and type compared to the portfolio. Actual savings will depend on business type, card type, and manner of card acceptance and volume of transactions. Non-Executive Members pay an Application Fee and Monthly Statement Fees. Services provided by Elavon.
†Executive Members do not pay an application fee or monthly statement fee. Non-Executive Members pay a $25 application fee and $4.95 monthly statement fee.