Rate check
Your US processing statement, decoded by a person in 1 business day.
We rebuild your statement by hand against our published rates and tell you what the same month would have cost, on a short call within 1 business day.
See what you will pay. And what you keep.
$4,936
About $411 a month back in your business compared with Square, and $14,809 over three years.
How your price is built
At $40,000 a month in card sales
- Network costs (interchange and assessments), passed through at cost
- $631.64
- Payzium margin
- $72.00
- Payzium per-transaction fees
- $40.00
- Monthly account fee
- $5.00
- Your total a month
- $748.64
- Effective rate
- 1.87%
Estimate at a blended card mix and a $50 average ticket, compared with each processor's published US rates. A person runs the same math on your own statement before you sign.
How long the file is kept
Until you ask us to delete it. A person has to be able to open it to do the audit, and to open it again if you ask us something about the result later, so we keep it and we say so rather than promising a deletion date we do not run. Email support@payzium.com and we will delete it.
Step 2 of 3
Then, the line by line.
Once you have your effective rate, send us the statement and a person turns it into a list: which charges are interchange that nobody can remove, and which belong to your processor. You get it back within 1 business day on a short call.
You are about to send a stranger your numbers.
Here is exactly what happens to them.
- What gets read
- All of it. This is a hand audit, so the person doing it works from the whole statement: every line item, what each one was charged at, and what the same month would have cost at our published rates.
- Who reads it
- We do, by hand. Not a reader, not a model, not a queue that nobody works. That is the whole reason this takes 1 business day instead of 30 seconds, and it is the reason the result is worth having.
- How long the file is kept
- Until you ask us to delete it. A person has to be able to open it to do the audit, and to open it again if you ask us something about the result later, so we keep it and we say so rather than promising a deletion date we do not run. Email support@payzium.com and we will delete it.
- What else is kept
- Your name, your business name, your email and your phone. The date we received the statement and the date your result is due. Which consent wording you agreed to and when. Where on Payzium you arrived from.
- What does not happen
- You are not put in a mailing sequence. The call you get is the result of your audit, and if there is nothing to improve we say so on it. If you tick the optional box lower down, that is recorded so we can write to you later, and it sends nothing today. We do not pass any of this on.
Three steps, then a call.
You tell us who you are
Your name, your business, an email and a phone number. The result comes back on a call, so we need somewhere to send it and someone to ask for.
You send one statement
A PDF, or a JPEG or PNG scan, up to 10 MB. One month, every page. A statement with pages missing cannot be audited and we will write back for the rest.
A person rebuilds it, line by line
Within 1 business day you get a short call walking through what each line was charged at and what the same month would have cost at our published rates.