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.

With our interchange plus pricing, our solution becomes more cost-effective for merchants who cross a small threshold of monthly processing volume (around $2000 on monthly processing) and who looking for more advanced functionality such as multi-user support, multi-device support, and an included web-based virtual terminal.

For more information on how Helcim compares to Square, refer to the full comparison page here.

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.


Sqaure 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.


See how Helcim compares to other payment processors like Moneris, PayPal, or Stripe 


View our full Pricing Chart

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