Tool · Card-Fee Check
Understand your card-fee statement without learning bank jargon
Start with the 2 easiest numbers on the statement: what customers paid by card, and what fees were taken out. NailWage calculates the fee rate, estimates any overpayment, and keeps the technical detail optional.
A plain-language read for salon owners
Card-company statements can be full of confusing terms. NailWage turns them into one practical question: how much did the salon process by card this month, and how much did the card company take?
Sample merchant statement
April · one nail salon
- Total customers paid by card
- $42,000.00
- Total card fees taken out
- $1,470.00
- Transactions
- 1200
- Card tips in the POS
- $3,500.00
No itemized bank-cost detail on this sample, so the read is an estimate. If the statement has interchange/assessment lines, NailWage can read it more precisely.
What NailWage found
Estimate · Estimated- You are paying about
- 3.50%
- Estimated overpayment
- $426.00
Total fees divided by total card volume. This is the easiest owner-level number to read first.
Compared with a fair-fee reference point. Review it with your card company before making decisions.
Show the advanced calculation
This separates bank/network costs from what the card company keeps. Owners do not need every term to use the first read.
- Bank/network pass-through cost
- $798.00
- Card-company portion
- $672.00
- Fair reference point
- $246.00
- Card-company portion
- 1.60%
For processor-audit purposes only. Not guidance on what may be deducted from technician tips.
Worth a look
- PCI fee · $39.00
- Statement fee · $15.00
- Monthly minimum · $25.00
- Card-company portion above a fair rate · $672.00
- Signs of hard-to-audit 'tiered' pricing
No interchange figure provided, so this is an estimate. Add interchange + assessments for an accurate read.
This is an estimate for informational purposes only — not financial or legal advice. Verify with your card company.
How the check works
NailWage starts with a simple fee rate, then uses statement detail to estimate what the card company keeps.
Start with 2 numbers
Total card volume and total fees charged give you the real fee rate. It is the fastest owner-friendly read without card-company jargon.
Go deeper if your statement is itemized
Interchange + assessments are bank/network costs. When you have those numbers, NailWage separates the card-company portion and compares it with a reference point.
Always framed as an estimate
Without itemized numbers, the result stays an estimate. If the fee looks high, use the number to ask your card company/POS for an explanation, not as a guaranteed conclusion.
An estimate / reference point for informational purposes only — not financial or legal advice, and not a 'guaranteed overcharge'. Verify with your card company.