Enter your Industry, monthly Bankcard Sales and Average Ticket to compare Real Rates of industry peers.
Are your merchant processing fees above average or below average? Do you know if you have a good rate, an average rate or if there is room for improvement? The best way to find out is to compare your real rate with other businesses in your industry.
Until recently, merchants had no resource for comparing rates with each other. myRealRate creates a nationwide database for comparing and sharing card processing expenses. Business owners can calculate their Real Rate to accept card payments and then benchmark their rate against others of the same size within their industry. Many will find that they have very good costs while others may find that they are leaving too much on the table.
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