Helcim made it into our list of the best credit card companies out there. We like it because it has a comprehensive pricing tier structure that lowers costs when you have more volume. Already available at discounted prices, the tiers help business owners maximize their profits when conducting credit card transactions.
Pricing tiers are based on volume and whether the transaction is in-person or online/keyed. The following is the monthly pricing structure for Helcim:
- $0 to $25,000: 0.30% + $0.08 personal; 0.50% + $0.25 online/encoded
- $25,001 to $50,000: 0.25% + $0.07 personal; 0.45% + $0.20 online/encoded
- $50,001 to $100,000: 0.20% + $0.07 personal; 0.40% + $0.20 online/encoded
- $100,001 to $250,000: 0.18% + $0.06 personal; 0.35% + $0.15 online/encoded
- $250,001 to $1,000,000: 0.15% + $0.06 personal; 0.30% + $0.15 online/encoded
- $1,000,001 to $5,000,000: 0.12% + $0.05 personal; 0.25% + $0.10 online/encoded
- Over $5,000,001: 0.10% + $0.05 personal; 0.20% + $0.10 online/encoded
As you can see, you save money as your business grows. However, this can cause some forecasting issues when you have a quiet month and see volume going down as this is not an average volume structure.
One thing we love is the integration of Helcim with a company’s inventory management software. This means that when you sell, the system detects that the stock in your system is decreasing. This will help you better manage your inventory, as you’ll know when certain items that might be flying off the shelves are running low.
Comments are closed.