Persolvent fees and pricing: how to read a quote
Persolvent does not publish a standard public rate card, so pricing is agreed through a quote. We have not invented numbers here. Instead, this guide shows you how to understand and compare any quote you receive.
Common pricing models
| Model | How it works | Watch for |
|---|---|---|
| Interchange-plus | Card network cost passed through plus a fixed markup | The size of the markup |
| Flat rate | One percentage and/or fee for all cards | Premium over true cost on debit cards |
| Tiered | Qualified, mid-qualified, non-qualified rates | Which transactions fall into expensive tiers |
| Convenience fee | Payer covers a fee (common in government and education) | Card network and state rules |
Fee types to list
- Per-transaction percentage and fixed fee
- Monthly account or gateway fees
- PCI compliance or non-compliance fees
- Chargeback and retrieval fees
- ACH or eCheck fees
- Equipment costs, if any
- Early termination fee
Questions to ask Persolvent
- Which pricing model will I be on, and can I see a sample statement?
- What is the effective rate at my volume and ticket size?
- Are any fees bundled into software pricing?
- What are the contract length and cancellation terms?
- When do funds settle into my account?
Comparing fairly
Calculate the effective rate: total fees in a month divided by total card volume. Do the same for your current provider using a real statement, and compare like for like. Our alternatives page lists other providers worth quoting.
Frequently asked questions
How much does Persolvent charge?
Persolvent pricing is quote-based and depends on your industry, volume and product. Ask for a written, itemised fee schedule.
Persolvent is an independent publication and is not affiliated with Persolvent. Details such as pricing, products and partnerships change; confirm anything important directly with Persolvent before you sign up.