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If you process over $2,000 a month in the US, or $2,500 in Canada in credit card payments, it is more cost-effective for your business to be with Helcim!

There are a number of no-monthly-fee providers offering mobile processing services to small businesses, including Square and PayPal. For micro-merchants processing a small number of transactions periodically, some of these solutions can be ideal for their budget.

However, with Helcim's Interchange Plus pricing, it becomes more cost-effective for merchants who cross a small threshold of monthly processing volume (around $2000 on monthly processing) and who are looking for more advanced functionality such as multi-user support, multi-device support, and an included web-based virtual terminal.

Square Cost Comparison (Canada)

The table below shows the break-even point for when Helcim becomes a more cost-effective solution for your business:

Credit Card Volume (Monthly)Helcim Total CostSquare Total CostSavings
$500$25.56$14.20$(11.36)
$1,000$36.12$28.40$(7.72)
$1,500$46.68$42.60$(4.08)
$2,000
$57.24
$56.80
$(0.44)
$2,500
$67.80
$71.00
$3.20
$5,000$120.60$142.00$21.40
$10,000$226.20$284.00$57.80
$25,000$543.00$710.00$167.00
$50,000$1,071.00$1,420.00$349.00
$100,000$2,127.00$2,840.00$713.00
*estimates are based on 20% keyed vs. 80% card-present with an average ticket of $75. Helcim costs are based on an estimated 1.88% effective rate for card-present and 2.28% for card-not-present, 8 cents per transaction for card present and 25 cents per transaction for card-not-present and $15 per month. Square costs are based on 2.65% card-present, 3.4% card-not-present + 15 cents.


Square Cost Comparison (US)

The table below shows the break-even point for when Helcim becomes a more cost-effective solution for your business:

Credit Card Volume (Monthly)Helcim Total CostSquare Total CostSavings
$500$25.63$14.70$(10.93)
$1,000$36.26$29.40$(6.86)
$1,500$46.89$44.10$(2.79)
$2,000$57.52$58.80$1.28
$2,500$68.15$73.50$5.35
$5,000$121.30$147.00$25.70
$10,000$227.60$294.00$66.40
$25,000$546.50$735.00$188.50
$50,000$1,078.00$1,470.00$392.00
$100,000$2,141.00$2,940.00$799.00
*estimates are based on 20% keyed vs. 80% card-present with an average ticket of $75. Helcim costs are based on an estimated 1.88% effective rate for card-present and 2.35% for card-not-present, 8 cents per transaction for card present and 25 cents per transaction for card-not-present and $15 per month. Square costs are based on 2.75% card-present, 3.5% card-not-present + 15 cents.


Need to Accept Credit and Debit Cards?

If your business needs to accept credit cards in person or online, Helcim provides honest, transparent, and affordable credit card processing that stands out in an industry known for shady business practices and customer exploitation. Our Interchange Plus pricing is widely regarded as the most honest and affordable billing method in the industry and our customer service is consistently lauded as a step above. If you have any questions or would like a complimentary rate comparison, don't hesitate to contact us.

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