Start with the period
Use the statement date range and compare it with the same sales period in your own records. Seasonal or unusual activity can make one month unrepresentative.
YOUR NEXT BUSINESS MOVE
Read your merchant statement
Separate transaction activity from the charges that affect your total cost.
01
Work through the essentials.
Separate transaction activity from the charges that affect your total cost.
Record volume and count
Identify total card sales, transaction count, and the split between channels or card categories where available. A percentage and a per-transaction fee respond to different inputs.
Separate charge types
List processing charges, fixed fees, equipment, software, and unusual items. Ask the provider to explain unclear labels instead of assuming every line is avoidable.
02
Turn the review into a decision.
Use a short written checklist so important details are not lost.
Document the assumptions
Record the information used, what is confirmed, and what still needs an answer. Keep estimates distinct from the final agreement or production behaviour.
Ask for a complete scope
Identify the work, costs, responsibilities, dependencies, and ongoing support. Compare the whole arrangement instead of one attractive feature.
Verify the practical journey
Use an appropriate sample workflow to confirm that the chosen setup can do what the team needs. Financial and provider settings should be approved by the responsible party.
Sources reviewed September 8, 2026: FCAC merchant guidance ↗ . Provider products and terms can change; confirm the current proposal. No affiliation or endorsement is implied.
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