Card machine fees calculator
Enter what you take by card and what you pay in fees each month. See an estimated saving in about ten seconds. Free, with no obligation and no personal details needed.
How much could you save?
You need two numbers from your latest card processing statement: your total card takings for the month and the total fees you were charged. The calculator compares your effective rate with the rates we typically offer.
- No name, email or phone number needed
- £0 upfront · zero hidden fees · zero PCI fees
- Let us beat your current rate
How the card fees calculator works
The calculator works out your effective rate: the total fees you paid divided by the total card sales you took. It then compares that with the rates we typically offer and shows the difference as an estimated monthly and yearly saving. If your effective rate is already as low as ours, it will say so and suggest you speak to one of our team, who can look at your statement in detail and tell you straight.
It is an estimate. It does not know your average sale, your mix of debit, credit and business cards, or the exact terms of your current agreement, and those all affect your real figure. A personalised quote from a statement is always more accurate.
Where to find the two numbers
- Take your latest card processing statement. Use a normal month, not an unusually busy or quiet one.
- Find your total card sales for the month. It may be called turnover, sales volume or total transactions value.
- Find your total fees. Include everything you were charged: percentage fees, per-payment fees, terminal rental, PCI fees, minimum service charges and any extras. Leave out any VAT line shown separately if you can.
- Enter both into the calculator above.
Not sure what a line on the statement means? Our guide to reading your card machine statement explains each common charge.
Work out your effective rate yourself
You can check the sums without any calculator. Divide your total fees by your total card sales and multiply by 100. As an illustration only, using made-up figures: £450 of fees on £30,000 of card sales is 1.5%.
The effective rate is more honest than a headline rate, because it includes every charge. It also shows why two quotes with the same percentage can cost very different amounts: a high fee on each payment, a monthly PCI fee or a minimum charge can add a lot, especially when your average sale is small. Our guide to what a card machine costs and our card machine fees guide go through the costs in detail.
Want a more detailed figure?
If you know your debit and credit rates and your number of monthly payments, our detailed savings calculator asks a few more questions and gives a more accurate estimate, with no invoice needed. Or send us your statement and we will do the sums for you. Some businesses could save up to 50% on some fees, and if you're already on a great deal, we'll tell you straight. Already in a contract? Let us look into it and find you a saving. See our guide to card machine contracts and exit fees.
How accurate is the card payment fees calculator?
It gives an indication, not a quote. It uses only your total takings and total fees, so it cannot see your average sale, your card mix or your contract terms. Send us a statement for a personalised figure.
What rate is the calculator comparing me with?
It compares your effective rate with the rates we typically offer. This is for illustrative purposes only, and actual figures vary depending on your business type, card mix and transactions. T&Cs apply.
Why does the calculator say I'm already on a sharp rate?
It means your effective rate is already at or below the rates we typically offer. A statement can still show savings elsewhere, such as fixed fees or terminal costs, so one of our team can take a look.
I don't have a statement. Can I still use it?
You can enter your best estimate of your monthly takings and fees, or use our detailed calculator, which can work from your rates. Most providers also let you download statements from an online portal, or you can ask them for a copy.
Does the calculator ask for my personal details?
No. It asks only for two amounts. If you then want a personalised quote, you can send us your details through the form below.
Send your statement — let us beat it
Tell us about your business and we'll come back with a line-by-line comparison. You can also email your statement to info@payzu.co.uk.
- £0 upfront
- Zero hidden & PCI fees
- Your own account manager
- 24/7 UK support