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Credit card processing fee calculator

Put in three numbers from your last statement. See your real rate, and what the same month would cost at each provider's published price.

Prices checked October 19, 2026 From providers' own sites

Grab last month’s statement. You need three numbers: total card sales, how many card payments you took, and the total fees you paid.

Your numbers

From last month's statement. Nothing you type is saved or sent anywhere.

The same month at published rates

Estimate from each provider's in-person rate and listed monthly cost. Your real cost depends on your card mix and contract.

Interchange-plus providers

These publish only their markup on top of the card networks' own fees (interchange), so the total depends on which cards your customers use. They often beat flat rates for larger, steady businesses. Ask for a quote and compare it to your real rate above.

Quote only (no published rates): Clover, TouchBistro, Global Payments, Chase. Use your real rate above as the number to beat.

How to find your numbers on a statement

Every provider lays out its statement differently, but you’re looking for the same three things.

  1. Card sales. The total value of card payments for the month. It may be called “gross sales,” “total volume” or “amount processed.” Use the total before fees come off.
  2. Number of card payments. Sometimes called “transactions,” “count” or “items.” This matters because many providers charge a fixed fee per payment, like Moneris’s 10¢ or Stripe’s 5¢ in person.
  3. Total fees. Add up every fee, not only the processing rate. Include monthly fees, terminal rental, statement fees, chargebacks and anything labelled “other.” If your provider takes fees out of each deposit, you may need to add them up from your deposit reports.

If you can’t find one of these, call your provider and ask for “total fees and total volume for last month.” They should be able to tell you.

How to read your result

Your real rate is total fees divided by card sales. If you paid $640 on $20,000 in card sales, that’s 3.2%. This is the number to compare, because it includes everything.

For context, here are published in-person credit card rates from the flat-rate providers we compare: Square 2.5%, Shopify 2.6% (Basic plan), Lightspeed 2.6% + 10¢, Moneris 2.65% + 10¢ and Stripe 2.7% + 5¢. If you take most of your payments in person and your real rate is well above these, look closely at your monthly, rental and per-transaction fees.

The comparison list shows what your same month would cost at each provider’s published in-person rate, plus its listed monthly fee. For example, Moneris includes $39.95 a month for terminal rental and software, Shopify includes its $49 Basic plan, and Lightspeed includes its $139 Retail Basic plan. Square and Stripe list no monthly fee.

“Less than now” means the estimate is lower than the fees you entered. It’s a starting point, not a promise. Your actual cost depends on your mix of cards and payment types.

What the calculator doesn’t include

So you know where the estimate could be off:

  • Debit. Every payment is priced at the credit card rate. Debit is usually cheaper at flat-fee providers: 9¢ at Helcim, 12¢ at Moneris, 15¢ at Stripe and Shopify. Square charges 0.75% + 7¢. If many customers pay by debit, the estimates will usually run high.
  • Online and keyed-in payments. These cost more. Square charges 2.8% + 30¢ online and Stripe 2.9% + 30¢.
  • Foreign cards. Square adds 1.5% on cards issued outside Canada. Stripe charges 3.5% + 5¢ in person for international cards.
  • Chargebacks and hardware. One-off costs aren’t counted.

The interchange-plus caveat

Helcim and Clearly Payments use interchange-plus pricing. You pay the card networks’ fee (interchange) plus a published markup. The calculator can’t total these honestly without knowing your card mix, so it lists their markups instead:

  • Helcim: interchange + 0.40% + 8¢ in person, for up to $50,000 a month, with lower markups above that. No monthly fee.
  • Clearly Payments: interchange + 0.38% + 8¢ in person, with published tiers starting at $150,000 a year in card sales. Terminal rental is extra.

Don’t compare those markups to a flat rate. They’re only part of the price. Helcim says most of its merchants end up with a total in-person rate “near or below 2%.” That’s Helcim’s claim, not ours. The fair test is to send a recent statement to an interchange-plus provider, ask for a written quote, and compare it to your real rate above.

Next steps

Common questions

How do I calculate my credit card processing rate?

Add up every fee on your monthly statement, then divide by your total card sales for the same month. Multiply by 100 to get a percentage. If you paid $640 in fees on $20,000 in card sales, your effective rate is 3.2%. That one number lets you compare any provider, however its statement is laid out.

Why doesn't the calculator show a total for Helcim or Clearly Payments?

They use interchange-plus pricing and publish only their markup, such as Helcim's 0.40% + 8¢ in person. Your total also includes interchange, which depends on the cards your customers use. Without your card mix we can't give an honest total, so we show the markup and suggest you ask for a quote.

Is the calculator's estimate what I'll actually pay?

No, it's an estimate. It prices every payment at each provider's published in-person credit card rate and adds the listed monthly fee. It doesn't separate debit, online, Amex or foreign cards, chargebacks, or hardware. Treat it as a fair first comparison, then check the real quote or the provider's full pricing page.

Where do the calculator's rates come from?

From each provider's own Canadian pricing page, checked on the date shown at the top of this page. We don't use sales quotes, other review sites or memory. Providers that only quote by business, like Clover, are listed as quote only instead of being given a guessed rate. Our verification page explains the method.