Guide
A statement is a report you are allowed to understand. Here is how to find what matters in a few minutes.
✓ Installed by our team and supported by phone. Rates and equipment are quoted to your business.
Merchant Fund Express explains payments in plain English so owners can make better decisions about equipment and processing.
A statement is a report you are allowed to understand. Here is how to find what matters in a few minutes.
Most statements have the same parts: a summary of volume and fees, a breakdown by card type and a list of fixed charges. The summary tells you your effective rate; the breakdown tells you where the cost comes from.
Start with three numbers: total card volume, total fees and the number of transactions. Divide fees by volume for your effective rate, then look at what changed from last month.
Total volume, total fees and transaction count.
Total fees divided by total volume.
Look at costs by card type and entry method.
Monthly, statement, PCI and equipment charges.
A salon owner divides total fees by total volume and sees her effective rate for the first time. Looking at the breakdown shows keyed transactions and two fixed fees are the cost drivers.
This comes up for almost every owner at some point. Most of the stress is not the problem itself but not knowing the next step, so having the steps written down before you need them is the real fix. Print the steps, put them where your team can see them and rehearse them once.
If you would rather hear it from us, call (305) 384-8391. We will walk through the decision with you, quote the equipment and processing for your business and look at your statement while we are at it.
As explained by Merchant Fund Express. Updated 2026.
It depends on your card mix and ticket size; compare against your own history and offers.
Card mix, ticket size and the mix of keyed and card-present sales change it.
Yes. We review statements for free by phone.
A recent statement with account numbers redacted.
Call Merchant Fund Express. We install it, train your staff and stay on the line after launch. Ask for a free rate review while you are at it.
