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Heartland Payment Systems

Statement: 2026-01

3.31%
Effective Rate
High — You're Overpaying
Total Volume
$87,432.56
Total Fees
$2,891.47
Transactions
3,847
Est. Monthly Savings
$487
💰
You could save ~$487/month ($5,844/year)

By moving to best-in-class pricing: interchange + 2 basis points + $0.02/transaction. Eliminates all junk fees and processor markup.

🎯

Can't get your processor to budge?

Talk to our processing expert Matt. He'll review your statement, negotiate with your processor, or help you switch to a better rate — included with your Pro plan.

Industry Benchmark Comparison

Your Rate
3.31%
Industry Average
2.90%
Best in Class
2.45%
Interchange + 2bp + $0.02/txn

Fee Breakdown

Interchange$1628
Processor Markup$743
Assessment$288
Junk Fees$232

By Category

Interchange (non-negotiable)$1628.42 (56.3%)
Processor Markup (negotiable)$743.18 (25.7%)
Assessment Fees$287.52 (9.9%)
Junk Fees (eliminable!)$232.35 (8.0%)

Fee Line Items

⚠️ flagged items are negotiable or eliminable

FeeCategoryAmountStatus
Visa CPS Retail Credit
interchange$612.34
OK
Visa CPS Rewards 1
interchange$298.17
OK
Mastercard Merit III
interchange$287.45
OK
Visa Signature Preferred
interchange$198.23
OK
Amex OptBlue Tier 3
interchange$232.23
OK
Processor Discount Rate
0.47% markup — above average. Negotiate to 0.25% or lower.
markup$412.56
⚠️ Flag
Per-Transaction Fee
$0.05/txn — standard
markup$192.35
OK
Monthly Service Fee
markup$25.00
OK
Batch Settlement Fee
$0.25/batch is high. Should be $0.10 or free.
markup$93.27
⚠️ Flag
Authorization Fee
markup$20.00
OK
Visa Assessment
assessment$121.34
OK
Mastercard Assessment
assessment$98.67
OK
Amex Assessment
assessment$67.51
OK
PCI Non-Compliance Fee
This fee is avoidable! Complete your PCI compliance questionnaire to eliminate it.
junk$99.95
⚠️ Flag
Statement Fee
Pure profit for processor. Many processors waive this.
junk$12.50
⚠️ Flag
Regulatory Fee
Made-up fee. No regulation requires this. Demand removal.
junk$49.95
⚠️ Flag
Account Maintenance Fee
Junk fee — should be eliminated or rolled into discount rate.
junk$34.95
⚠️ Flag
IRS Reporting Fee
IRS reporting is required by law and costs processors nothing extra.
junk$35.00
⚠️ Flag