Helcim
Wells Fargo
Helcim uses an interchange-plus pricing model that passes the true transaction fees charged by banks and payment networks to merchants. These true fees vary every transaction. Average fees are based on common credit cards, excluding American Express, and an average transaction amount of $300.
Helcim
Wells Fargo Merchant Services
Pricing model
Interchange-plus pricing
Tiered pricing
Monthly costs
$0
$9.95 - $24.95 (depending on POS providers and payment tools)
In-person payment processing fees
1.83% + 8¢ average*
$0 - $39,999.99: 2.60% + 15¢
$40,000 - $79,999.99: 2.50% + 15¢
$80,000 & up: 2.40% + 15¢
Online payment processing fees
2.27% + 25¢ average*
$0 - $39,999.99: 3.50% + 15¢
$40,000 - $79,999.99: 3.40% + 15¢
$80,000 & up: 3.30% + 15¢
ACH processing fees
0.5% + 25¢ for transaction below $25,000 (fees capped at $6)
Not publicly listed
Volume Discounts
Up to 70% discount
Invoice Management
POS Solution
Recurring Payments
Virtual Terminal
Inventory Management
API Solution
Hosted Payments Pages
POS Hardware costs
Helcim Card Reader
Helcim Smart Terminal
Clover Go (card reader): $199
Clover Compact (countertop terminal): $349
Clover Flex (smart terminal): $749
Clover Mini (countertop pos): $849
Chargeback fees
Additional fees and charges
Extra 0.4% per transaction when using Recurring Payments
Extra 10¢ per transaction when using Tap to Pay on iPhone
If your business uses hardware that isn't in the merchant account plan, you may need to pay additional fees
PCI compliance fees
Helcim uses an interchange-plus pricing model that passes the true transaction fees charged by banks and payment networks to merchants. These true fees vary every transaction. Average fees are based on common credit cards, excluding American Express, and an average transaction amount of $300.
In-person
Keyed & Online
Estimated savings at $40,000 Monthly Volume
Helcim's displayed fees are average estimates based on commonly used credit cards and exclude American Express. Helcim’s interchange-plus pricing passes through the actual interchange and network fees charged by issuing banks and card networks. Since these underlying fees can vary by transaction, Helcim processing fees vary.
Does it feel too good to be true?
Learn why Helcim can offer lower rates compared to Square. Explore Helcim Interchange Plus pricing now.
With Helcim, businesses can accept credit and debit card payments at lower fees, access essential payment tools and features, and integrate payments with their software, all without monthly fees.
Helcim uses interchange-plus pricing with automatic volume discounts, which is often more cost-effective than traditional bank merchant service pricing for growing businesses.
Helcim provides essential in-person and online payment tools for multiple industries such as invoicing, payment links, recurring billing, a virtual terminal, hosted payment pages, and POS software at no monthly cost.
Helcim offers more volume-based discounts, with reduced rates available even for businesses processing $100K+, $500K+, or $1M+ per month. In contrast, Wells Fargo Merchant Services’ volume discounts typically top out at around $80K+ in monthly processing volume.
Some businesses may prefer working directly with a large bank like Wells Fargo Merchant Services.
Wells Fargo Merchant Services may attract businesses that already have a bank account with Wells Fargo.
Wells Fargo Merchant Services offers a diverse range of POS card terminals and registers through its partnership with Clover.
Wells Fargo Merchant Services' credit card processing fees are around 30% to 45% higher than Helcim's average credit card processing fees, even with discounted rates.
Because Wells Fargo Merchant Services partners with Clover for POS hardware, merchants may pay additional fees if they need hardware or accessories that are not included in their merchant account plan.
Wells Fargo Merchant Services partners with Clover for in-person payments and Authorize.Net for online payments. Businesses that want both in-person and online solutions may need to work with two providers, which can increase total monthly costs.
Save even more on payment processing fees.
Instead of finding ways to increase fees like others, we provide features that help you save even more on top of our already low payment processing fees
Free credit card processing
Helcim Fee Saver lets you pass the credit card processing fees to your customers when they choose to pay by credit card instead of cheaper options like debit cards, ACH, check, or cash.
Integrate with your existing software
Helcim Payment Extension lets you integrate Helcim into your business software to save on payment processing fees without leaving your software. No code, no API and no third-party connection needed.
Get even lower rates with Level 2 and Level 3 processing
Helcim automatically retrieves and optimizes the data needed to qualify for Level 2-3 Interchange rates. This could reduce your credit card processing fees to as low as 1.45%, including Helcim’s optimization fee.
Free credit card processing
Helcim Fee Saver lets you pass the credit card processing fees to your customers when they choose to pay by credit card instead of cheaper options like debit cards, ACH, check, or cash.
Integrate with your existing software
Helcim Payment Extension lets you integrate Helcim into your business software to save on payment processing fees without leaving your software. No code, no API and no third-party connection needed.
Get even lower rates with Level 2 and Level 3 processing
Helcim automatically retrieves and optimizes the data needed to qualify for Level 2-3 Interchange rates. This could reduce your credit card processing fees to as low as 1.45%, including Helcim’s optimization fee.
Payment hardware that
matches how you do business.
Helcim provides versatile hardware solutions to meet the unique needs of your business, whether you’re running a store, clinic, or even providing services on-site.
Discover why
businesses love Helcim.
See why businesses save time and money with Helcim. Enjoy free, low payment processing rates, with no hidden fees and no monthly contracts.
Frequently asked questions.
Start accepting payments today.
Create your free Helcim account instantly with no paperwork or commitments.