What are you really paying for card processing?

Check in on your rates now. Save later.

If you need help locating the required figures on your statement, select your processor from the drop-down list, and you'll see exactly where to find this information.

Your Current Processor's Statement:

Total Fees Paid:

The sum of all fees paid for Visa/MasterCard interchange, dues and assessments, surcharges, card fees, transaction/authorization/per item fees, network/access fees, PCI/security fees, batch fees, annual fees, membership fees, statement fees, processing fees and more ― on all Visa/MasterCard credit and debit transactions.

Total Visa/MasterCard Sales:

The sum of your sales from Visa/MasterCard credit and debit transactions.

Discover, AMEX, PIN Debit Fees:Does not appear on all sample statements

The sum of interchange and surcharges for Discover transactions, authorization fees/per item fees for Discover and American Express transactions and authorization and network fees for PIN debit transactions (i.e. Star, Maetro, Interlink, etc.).

Not all statements will have these fees

Average Ticket:

Your average transaction amount for Visa/MasterCard transactions as determined by your total sales volume divided by your number of credit and debit card transactions.

Effective Rate:

Your apparent rate for Visa/MasterCard transactions, including processor fees.

If the Effective Rate you are paying does not match the rate promised on your current merchant agreement, contact Heartland now to find out why.

Estimated Visa/MasterCard Interchange and Fees:

The lodging industry average processors pay to Visa/MasterCard and issuing banks.

90% Range:

The range of Visa/MasterCard interchange fees for 90% of lodging operators with your average ticket.

Standard Deviation:

The standard deviation of 1 means that 68% of the data is within it, assuming the data has a nice bell shaped curve, like below (from Wikipedia). At 2, it is 95%.

A plot of a normal distribution (or bell curve). Each colored band has a width of one standard deviation.

Estimated Processor Fees:

The estimated rate you pay your processor per dollar of sales.

Estimated Fees Paid to Issuing Banks and Visa/MasterCard per Month:

Estimated amounts paid to issuing banks for interchange and fees to Visa/MasterCard.

Estimated Fees Paid to Processor per Month:

The estimated amount you pay your processor per month.

Estimated Annual Processor Fees:

The estimated amount you pay your processor per year.

THIS CALCULATION PROVIDED BY THIS TOOL IS AN ESTIMATE ONLY. THE ACCURACY OF THIS ESTIMATE IS DEPENDENT ON THE ACCURACY OF THE INFORMATION ENTERED INTO THE CALCULATOR. THE MERCHANT’S ACTUAL RATE MAY BE DEPENDENT ON FACTORS NOT CAPTURED BY THIS ANALYSIS. FOR EXAMPLE, THE CALCULATION IS BASED ON ONE MONTH’S STATEMENT AND FEES MAY VARY MONTH TO MONTH. THE AMERICAN HOTEL & LODGING ASSOCIATION (AH&LA) MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND RELATING TO THE ACCURACY OR COMPLETENESS OF THIS ESTIMATE. IN NO EVENT SHALL THE NH&LA BE LIABLE FOR ANY CLAIM ARISING FROM THE USE OR RELIANCE ON THIS ESTIMATE.

If deciphering your monthly card processing statement is too confusing, this calculator can easily help you determine what you’re really paying.

Just enter four key pieces of data from your most recent card processing statement. The calculator will estimate how much you’re paying for each transaction based upon industry averages — as well as how much of that money goes to Visa/MasterCard and your processor. The results may be surprising, and you may find you’re paying more than you need to.

Knowing your true costs is the first step to controlling them and protecting your bottom line.

Heartland Payment Systems®, one of the nation's largest payments processors, helps hotels nationwide like yours increase profits by reducing card processing expenses with fair pricing, full disclosure and best-in-class technology. Check out this industry-altering offering at Heartland Payment Systems.

To learn more about Heartland's specific offering for the lodging industry please contact us. Or to contact Heartland please call (866)941-1477