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Credit card processing statements are deliberately complex. Processors bury junk fees in pages of fine print, betting you won't notice. Most restaurant owners don't — and it costs them thousands every year.
The average restaurant has 3-5 of these on every statement.
Find yours → upload your statement freeNo spreadsheets. No phone calls. No waiting.
Drop your merchant processing statement — PDF or photo. We handle messy scans too.
Supports all major processors
We categorize every fee, identify junk charges, and calculate your true effective rate.
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Get a clear breakdown of overpayments, which fees to challenge, and what a fair rate looks like.
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Real results from real businesses.
“I had no idea we were paying a PCI non-compliance fee for 3 years. That alone was costing us over a thousand a year. SkipRate flagged it in 60 seconds.”
“We thought our rate was competitive at 2.9%. Turns out our effective rate was 3.6% after all the hidden fees. Renegotiated and saved immediately.”
“Used the report to switch processors. The new one matched our interchange rates and dropped all the junk fees. Best 60 seconds I ever spent.”
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Everything you need to know about processing fees and SkipRate.
The average restaurant overpays by 28% on credit card processing fees. That translates to $400-$600/month in unnecessary charges for a typical full-service restaurant. Across the industry, $25-30 billion is wasted annually on inflated and junk fees.
Your effective rate is the total amount you pay in processing fees divided by your total card sales volume. Most restaurants pay between 3-4%, but a well-negotiated rate should be closer to 2.2-2.6%. Even a 0.5% difference on $50K/month in card sales means $250/month in savings.
We flag PCI non-compliance fees, statement fees, regulatory fees, IRS reporting fees, batch fees, monthly minimums, and other charges that are either avoidable or inflated. Many processors add 5-10 of these fees that have little to no actual cost basis.
Upload your merchant processing statement as a PDF or photo. We read every line item, categorize each fee (interchange, assessments, processor markup, junk fees), calculate your effective rate, and compare it against industry benchmarks. Results are ready in about 60 seconds.
We never see or store credit card numbers. Merchant statements contain fee summaries and transaction counts — not individual cardholder data. All uploads are encrypted with 256-bit TLS, processed in memory, and we don't share your data with third parties.
SkipRate is optimized for restaurants and food service businesses, but the fee analysis works for any merchant processing statement. Retail, e-commerce, and service businesses can all benefit from understanding their true processing costs.
Your report shows exactly which fees to challenge and what a fair rate looks like. You can use it to negotiate with your current processor, or shop for a better deal. Pro subscribers also get processor recommendations based on their specific volume and card mix.
Free gives you one full analysis to see the value. Pro ($39/month) unlocks unlimited analyses, detailed fee-by-fee breakdowns with industry comparisons, processor recommendations, and the ability to track your rates over time as you renegotiate.
The average restaurant loses $5,800/year to hidden processing fees.
Upload your statement. See your real rate. It takes 60 seconds and it's free.
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