How to Check Processing Fees?

Wondering how much you've paid in credit card/merchant processing fees? This guide will briefly show you how you can check them out!

You can access all the required information you'd need to generate the data for your business via the Reports section of your Fitli account.

Step 1: Log in to your Fitli business account then head to the "Sales Report By Transaction" section. 

Step 2: Filter your Sales Report.

Select "Sales" on the "All Transaction Types" pulldown and select "Card" on the "All Funding Sources" pulldown. Then, change the date range after selecting "Custom" on the date picker to your desired dates. You may also select, "Year to date", "Last Month" or "Month to Date". Click search to check your credit card processing fees.

Step 3: Export your Sales Report.

Once you've filtered your Sales Report, use the "Export" button to export the report to a .csv file.

Step 4: Open your .csv file.

Once you've exported your Sales Report, use your favorite spreadsheet program (Excel, Sheets, Numbers, etc.) to open the downloaded .csv file, or you can copy the data and paste it to a Google Spreadsheet. You can use the filter function of your favorite spreadsheet program to filter the data you need. Once the file is open, go to the column that says "Processing Fee". You can see processing fees for each transaction and the total for the report. Note that the processing fee for each credit card transaction is 2.9% + $0.30.

IMPORTANT:

- If you select ACH on the "All Funding Sources" pulldown, note that ACH transactions do not show the correct processing rate on the exported sales report. ACH processing fee is 1.9% + $0.30 per transaction.

- "Net Settlement" column on the exported sales report has no bearing. We no longer deduct processing fees for each transaction, 100% of the amount processed from your customers’ transactions are deposited to your bank. To check your deposits a.k.a. Disbursements, click HERE for a detailed guide.

- Processing fees for each sales transaction are calculated at the end of each month as a combined deduction from your bank account. There will be one statement for card transactions and another for bank transactions (if you have ACH activated). You will receive monthly statements from Usio via email. They will include details of all fees charged and total the amount which is debited from your bank account. 

There you have it! If you have any questions, please chat with us or send us an email at support@fitli.com.