Free Tool
AI-Powered Statement Analyzer
Upload your processing statement. Our AI identifies every fee, flags the junk, and calculates your real effective rate. Takes seconds. Completely free.
Upload your statement
Upload your monthly processing statement as a PDF. Our AI will analyze every line item in seconds.
Drop your statement here
or click to browse · PDF only · 10 MB max
Your statement is analyzed securely and never stored. We extract the text, analyze it, and discard the file immediately.
Why analyze your processing statement?
Most small business owners never read their processing statement in detail. The format is deliberately complex: 30 to 50 line items across interchange fees, assessment fees, processor markups, and add-on charges. Processors count on this complexity to slip in extra fees that go unnoticed for months or years.
A single junk fee of $30/month costs you $360/year. Most merchants who are overpaying have three to five of these fees stacked up. Over a three-year contract, that's $1,000 to $3,000 in unnecessary costs going straight out of your pocket.
Common junk fees to watch for
PCI non-compliance fees are the most common. If you haven't completed your annual PCI compliance questionnaire, your processor charges $20–$100/month until you do. The questionnaire takes 15 minutes and most processors provide a free portal for it. But they won't remind you, because the non-compliance fee is pure profit.
Statement fees and regulatory fees are processor-invented charges with no basis in actual card network requirements. Visa and Mastercard do not charge merchants a "regulatory fee." That line item exists only because the processor added it. Statement fees above $10/month are inflated. Many modern processors charge nothing for digital statements.
Batch fees above $0.10 are another common markup. The actual cost to settle a batch is negligible. Any batch fee above $0.10 is processor margin. Similarly, annual fees that weren't disclosed in your original agreement or that appear without explanation are negotiable or removable.
How the analyzer works
When you upload your statement, we extract the text content from the PDF entirely server-side. That text is then sent to an AI model trained to understand payment processing fee structures. The AI identifies each line item, categorizes it as interchange (pass-through from card networks), assessment (card brand fees), markup (your processor's legitimate charges), or junk (unnecessary or inflated fees).
The result is a clear breakdown showing exactly where your money goes and where you have room to negotiate or switch. No signup required, no data stored, completely free.
Frequently asked questions
What types of statements can the analyzer read?
Our analyzer works with text-based PDF statements from all major processors: Fiserv/First Data, Paysafe, TSYS, Worldpay, Elavon, Square, Toast, Clover, and others. It handles a wide range of statement formats. Scanned image PDFs (photos of printed statements) are not yet supported. We recommend requesting a digital copy from your processor.
Is my statement data stored or shared?
No. Your statement text is extracted, sent to our AI for analysis, and immediately discarded. We do not store your PDF, the extracted text, or any financial data from your statement. The analysis results are only shown to you in your browser session.
What are junk fees?
Junk fees are charges on your processing statement that are unnecessary, inflated, or processor-invented. Common examples include PCI non-compliance fees over $20/month, statement fees over $10/month, fees labeled 'regulatory' or 'compliance' (these are not required by card networks), batch fees over $0.10, monthly minimums over $25, and undisclosed annual fees. These fees pad the processor's margin without providing real value.
What is an effective rate?
Your effective rate is the total percentage you pay in processing fees across all card transactions. It's calculated by dividing your total fees by your total card volume. For example, if you paid $780 in fees on $30,000 in card sales, your effective rate is 2.6%. This single number is the best way to compare processing costs regardless of pricing model, whether flat-rate, interchange-plus, or tiered.
How accurate is the AI analysis?
The analyzer identifies and categorizes fees with high accuracy across standard processor statement formats. That said, it's an educational tool, not a certified audit. Statement formats vary, and some processors use unusual naming conventions. We recommend using the results as a starting point for conversations with your processor or for comparing quotes. For a line-by-line expert review, request our free analysis.