Pay less or it's free · The Honest Rate Promise
Payzium-controlled fees onlyWholesale merchant processing for independent businesses. Interchange and card network fees passed through at cost. A 0.30% margin we lock for the life of your account. Plus a $5 monthly account fee, disclosed up front. (Every processor charges one; most bury it.) Apply online in minutes. Your rate is the same whether you sign yourself or with our help. No junk fees.
$40,000/mo, in person, mixed cards, estimate
A typical $40,000-a-month Canadian SMB pays 1.15% all-in, in person. Interchange and card network fees at cost, plus a 0.30% margin and a flat $5 monthly account fee.
Run the math on your own profile →
Backed personally by Maurizio Verrelli, founder. If anything breaks, email me: maurice@payzium.com‡.
Canada
*Industry margin range based on publicly disclosed merchant pricing from major processors and published industry coverage including CardFellow, PYMNTS, and Mercator Advisory Group. Bundled and tiered processors typically charge effective rates between 2.5% and 3.6% on card-present transactions; the 1.5% to 2.5% figure represents the processor's margin portion within that range. Your actual savings depend on your current pricing structure and card mix.
†Baseline captured from the statement you upload at signup. Comparison computed on day 91. Refund issued automatically to your account.
‡Founder accountability for guarantee disputes and unresolved issues. Day-to-day support is handled by the merchant success team.
Real Visa Canada and Mastercard Canada interchange, our 0.30% margin, and what the same profile costs on Square, Global Payments, and Moneris.
Estimated total monthly bill: $462.72. On Tier 1 pricing. Typical tiered processors run 2.5% to 3.6% all-in.
Calculator output is an estimate. Final pricing depends on your actual card mix, current network rates effective on the date of your transactions, and any optional add-ons. The model assumes an average transaction value of $50. Interac debit is shown at the standard contactless rate; the exact Interac fee varies slightly by merchant category. Visa and Mastercard revise their interchange schedules quarterly; this calculator reflects schedules effective April 2026.
What you would pay elsewhere
Assumes $50 average ticket · real Visa Canada and Mastercard Canada interchange schedules · your actual rate varies by card mix and channel
Square
2.5% credit · 0.75% + 7¢ debit
You'd pay $742/mo on Square.
$3,356 / year
Square splits the rate by card type. The flat 2.5% on credit sits roughly 60 to 90 bps above ours, depending on your actual interchange mix.
See full Square comparisonGlobal Payments
~2.55% + 5¢ · bank-channel SMB plan
You'd pay $828/mo on Global Payments.
$4,383 / year
Global Payments runs many Canadian bank-bundled merchant programs. Headline rate is rarely the effective rate; FTNQ surcharges and monthly admin fees stack on top. Modeled at a defensible mid-range; merchant range varies widely.
See full Global Payments comparisonMoneris Flat Rate
2.65% + 10¢ credit · 10¢ Interac
You'd pay $716/mo on Moneris Flat Rate.
$3,039 / year
Moneris Flat Rate at 2.65% + 10¢ sits roughly 75 to 100 bps above ours, depending on your actual interchange mix. Hardware is not included in this processing comparison.
See full Moneris Flat Rate comparisonThe Square teardown
- Card-present surcharging
Pass the credit card fee to the customer where allowed. You keep 100% of the sale. Standard debit rates still apply. Compliant with the major card networks.
No commission baked into your rate, no padded interchange, no surprise tier shuffling. The rate you see is the rate you pay, every transaction, every month.
We hold our own processing agreement, not a sub-reseller's sub-reseller. One less intermediary, one less margin layer. You pay closer to wholesale.
Traditional processors bake 30 to 50 bps of sales commission into your rate. We don't. No one here is paid to mark you up. The savings stay with you.
We don't make money on PCI fees, statement fees, batch fees, or gateway access fees, because we don't charge them. Our margin sits in the rate, plain to read.
An average merchant statement contains 7 to 12 line items that don't go to interchange. Most are extracted from merchants who never bothered to read. Here's the list, marked $0.
Statement fee
A.K.A. Paper statement
$9.95/mo
$0Compliance fee
A.K.A. PCI assessment
$19.95/mo
$0Annual fee
A.K.A. Membership
$149/yr
$0Monthly minimum
A.K.A. Processing min
$35/mo
$0+ 4 more the industry invented
Batch fee
$0Gateway access
$0Non-qualified surcharge
$0Regulatory recovery fee
$0Every fee above is marked $0 because we're contractually bound not to charge it. If we ever do, the policy is simple: we'll refund it twice.
Certificate of no junk fees
We charge for the rate. That is the entire list. If we ever charge for anything else, we will refund it at twice the amount. You send the statement line; we do the rest. No fee to claim, no negotiation.
If your eligible Payzium-controlled processing cost does not go down in 90 days, we refund the eligible Payzium fees you paid and pay documented switch-back costs up to CA$1,000. Interchange and card-network fees are passed through at cost and sit outside the comparison.
First 90 days only, measured against the eligible Payzium-controlled costs on your previous processor's statement. Interchange and card-network fees are excluded from the comparison. One claim per merchant.
Read the full guaranteea note from the founder
I'm Maurizio Verrelli. I founded Payzium. Here is the honest reason it exists.
Every card processor makes the same quiet bet: that you will not read your statement. They show you a clean rate on the website, then bill you for things you never agreed to. PCI fees. Statement fees. A monthly minimum. Small lines, designed to be small enough that you do not ask. That is not bad luck. That is the business model. Confusion is the product.
Payzium is built the opposite way. We publish our rates. Interchange and network assessments are passed through at cost and appear on your statement. Your Payzium pricing is set out in your agreement, in writing, before you sign. And any time you ask, we'll reconcile your statement against it, line by line, and show you what you paid and why. That is the whole point.
And we put it in writing. If we ever charge a junk fee, we refund it twice. That is the Honest Rate Promise. And if the part of your cost we control does not go down in your first ninety days, the Payzium fees covered by the guarantee come back. We do not set interchange, so I will not pretend to guarantee it. Pay less or it's free.
I am not going to tell you Payzium is for everyone. If your numbers do not move, I will tell you to stay put.
Payzium Holding is federally incorporated in Canada. This is a real company with a real name on it, and the name is mine.
Apply online. See your real rate. No commissioned rep will call. And if anything breaks, email me. maurice@payzium.com. I read it.
Maurizio Verrelli
Founder, Payzium
so how do we make money?
Most processors run a stack of revenue streams. We run one. It keeps the incentive aligned, and the math easy.
Every dollar of Payzium's revenue comes from the spread between interchange and the rate you pay. No padding, no riders.
Five dollars a month, printed on the homepage. That is the entire monthly-fee list. No PCI fees, no statement fees, no batch fees, no gateway access fees. Every processor charges a monthly fee; most bury it in the rate where you never see it.
We pass terminal costs through at our wholesale rate. We don't make money on the box. We make money when the box makes money for you.
A countertop terminal that's been in the field for a decade. A self-serve kiosk for when staffing the till stopped making sense. Both certified, both ours.
Android 14, all-in-one. Tap, chip, swipe, wireless. 6.56-inch HD+ touchscreen, built-in thermal printer, 4G + WiFi + Bluetooth 5.0. Ships preconfigured to your account.
Payzium Self-Serve Kiosk
Floor-standing, payment-enabled, designed for unattended checkout. Restaurants, parking, retail, ticketing. Same rate as the counter.
Restaurants need tip adjustment. Salons need pre-auth holds. Auto shops need invoicing. Same rates across every vertical. Different software defaults out of the box.
E-commerce
E-commerce
Accounting
BigCommerceE-commerce
E-commerce
E-commerce
Online ordering
POS
the rate is the whole list
Open a free account online in minutes. Your rate is the same whether you sign yourself or with our help. The rate you saw is the rate you'll pay.