Get Ahead of the Rush: Christmas Trading, Black Friday & Spring/Summer 2027
You Check Your Sales. You Check Your Stock. But Do You Check Your Card Fees?
Running a business means keeping a close eye on your numbers. You monitor your daily sales, track stock levels, manage staff costs and look for ways to increase profitability.
But there’s one expense that can easily go unnoticed: your card processing fees.
Every time a customer taps, inserts or swipes their card, your business pays a transaction fee. While these charges might seem small individually, they can add up to thousands of euro over the course of a year.
At Costa Systems, we believe businesses should know exactly what they’re paying to accept card payments and whether there’s an opportunity to reduce those costs.
How Much Are Your Card Payments Really Costing You?
Let’s look at a simple example.
Imagine your business processes €40,000 per month in card transactions.
Your current payment provider charges a processing rate of 1.7%.
That works out at:
- €680 per month in processing fees.
- €8,160 per year in processing fees.
Now, let’s compare that with CostaPay, where eligible businesses can access processing rates starting from 0.4%.
At that illustrative rate:
- €160 per month in processing fees.
- €1,920 per year in processing fees.
That’s a potential difference of:
€520 PER MONTH
€6,240 PER YEAR
That’s €6,240 that could potentially stay in your business rather than going towards card processing fees.
The example compares percentage-based charges only. Actual savings depend on your card types, transaction mix, agreed rates and any additional fees.
Small Percentages Can Make a Big Difference
A difference of 1.3 percentage points might not sound significant at first.
However, the more card payments your business processes, the greater the potential impact.
For busy cafés, restaurants, pubs, fashion retailers and other businesses, payment processing is a regular operating expense.
Think about what an additional €6,240 per year could mean for your business.
It could contribute towards:
- Upgrading your EPOS system.
- Investing in new equipment.
- Increasing your marketing budget.
- Purchasing additional stock.
- Improving your business’s bottom line.
You work hard to generate your sales. Making sure you’re not unnecessarily losing money through processing fees is just as important.
When Was the Last Time You Reviewed Your Merchant Statement?
Many businesses sign up with a payment provider and continue using the same service for years without reviewing their agreement.
But processing fees aren’t always as straightforward as a single percentage.
Depending on your provider and contract, your statement may include:
- Transaction processing rates: The percentage charged on card payments.
- Debit and credit card fees: Different rates may apply depending on the card type.
- Business and international card charges: Some transactions may attract additional costs.
- Terminal rental fees: Monthly charges for payment hardware.
- Other service fees: Additional charges depending on your provider and agreement.
Understanding these costs can help you identify whether you’re receiving competitive rates.
And that starts with something simple: reviewing your latest merchant statement.
Card Processing Solutions with CostaPay
At Costa Systems, we understand that every business operates differently.
Through CostaPay, we offer payment solutions designed to help businesses manage their transactions efficiently while keeping costs competitive.
With card processing rates starting from 0.4% for eligible businesses, it’s worth finding out what rate your business could qualify for.
We also offer Square as an authorised reseller, giving businesses access to another established EPOS and payments solution through CostaPay.
Whether you’re operating a busy restaurant, an independent fashion boutique or a growing retail business, our team can discuss the payment options available to you.
Square processing rates are separate from the advertised CostaPay starting rate.
Let’s Review Your Card Processing Fees
You check your sales.
You check your stock.
Now it’s time to check your card fees.
If you haven’t reviewed your processing costs recently, you could be missing an opportunity to save.
At Costa Systems, we offer a free card processing rate review to help businesses understand their current charges and explore whether a more competitive arrangement is available.
Simply get in touch with our team and arrange to share your latest merchant statement securely.
We’ll review your current rates and discuss what CostaPay could offer your business.
Contact Costa Systems today for your FREE rate review.
Email: sales@costasystems.ie
Visit www.costapay.ie or www.costasystems.ie.
Disclaimer: The financial comparison in this article is illustrative and based on percentage processing fees only. CostaPay rates from 0.4% are subject to eligibility, transaction types and commercial agreement. Additional charges may apply. Actual savings are not guaranteed.
Related posts
