How to read your merchant statement
Spot the fees you shouldn’t pay — line by line.
BPS Blog
Notes on payments
Plain-English guides on fees, statements, chargebacks, and contracts — for owners who don’t have time for processor jargon.
Free fee checkup · Next-day funding options · No long-term contracts
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How to read your merchant statement
The three numbers that matter — and the junk fees that hide in the fine print.
From Michael
Latest BPS guides
Straight answers on fees, funding, and statements — with BPS navy and cyan, not processor green.
Statements
Basics
Credit card processing 101
Where your fees actually go when a customer swipes.
Funding
Next-day funding
Approved today shouldn’t mean deposited Thursday.
Topic map
What merchants ask most
Use these guides — or text Michael a statement if you want the short version for your shop.
01 · Basics
Credit card processing 101
Where fees go, what interchange means, and how to spot markup.
02 · StatementsHow to read your merchant statement
True effective rate in plain English — start here.
03 · FundingNext-day funding explained
When deposits land, what delays them, and what to ask your processor.
04 · DisputesHow to fight a chargeback
Text Michael for a practical playbook when a dispute hits.
05 · ContractsBefore you sign: merchant contracts
ETF, PCI clutter, and the clauses that cost you later — ask Michael first.
Wondering what you’re really paying?
Text a statement. Michael shows your true rate — usually within a day.
No obligation · Usually within a day · $0 cost