Competitive Credit Card Processing Rates

In each business transaction involving credit cards, processing fees take a bite out of the total profits. The average credit card processing fees range from 1.5% to 3.5% of each transaction, although the final percentage depends on a whole host of factors. If you are a business owner who wants to accept credit as payment, you should do all you can to understand and minimize credit card processing fees.

What is a credit card processing fee?

A credit card processing fee is simply the fee you have to pay to get proceeds from a credit card transaction. While your merchant account provider determines the actual fee, multiple entries will receive a portion of the funds you pay for every transaction. This fee can vary depending on the type of credit cards you accept, and they include three different layers of charges: interchange fees, payment processor fees, and assessment fees.

Who decides on credit card processing rates?

Generally, there are three parties involved in credit card processing- the card issuer, the payment processor, and the card network. The card issuer is the financial institution that issues cards directly to clients. The payment processor is the bank that works in the background to securely process and complete a debit or credit card transaction. The card network is the means a merchant uses to receive payment. Nearly every business these days needs to accept credit cards and debit cards, but choosing a credit card company for your small business can be difficult. To select the best credit card processing provider for your business, you have to weigh your needs against the actual costs of accepting payment. The best one offers transparent and low pricing, little in the way of fees, flexible terms and the ability to expand as your business grows. We at Evolv, can beat your current processing rates. We offer top-of-the-line customer service as we evolv the way you do business. Contact us today to find the solution that is right for you.

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New Partnership: MELNA

June 17, 2026

Evolv has partnered with The Maine Landscape & Nursery Association as the Preferred Partner for Payment Acceptance and Digital Marketing solutions!

Press release graphic for Evolv Payments and Fran Metrics about franchise reporting and automated royalty collection

Evolv Payments and Fran Metrics Partner to Deliver Smarter Franchise Reporting and Automated Royalty Collection

June 17, 2026

Newburgh, IN – June 17, 2026 – Evolv Inc. and Fran Metrics are proud to announce a new integration that brings payment data and franchise performance analytics together in one seamless solution. The partnership gives franchisors and franchisees greater visibility into their business while simplifying royalty payment collection and reporting. By connecting Evolv Inc's processing platform with the Fran Metrics reporting engine, franchise organizations can automate the flow of payment data, eliminate manual processes, and gain deeper insight into the performance of every location. "At Evolv, we're always looking for ways to help businesses operate more efficiently and make better decisions," said Joe Oglesby, Partner at Evolv Inc . "Our integration with Fran Metrics gives franchise organizations access to powerful data and automation that reduces complexity and provides a clearer picture of their overall performance." "Our mission has always been to provide franchise brands with meaningful business intelligence that drives growth," said Jason West-McReynolds, Founder of Fran Metrics . "Partnering with Evolv Inc. allows us to bring critical payment information into the reporting process, helping franchise organizations make smarter, data-driven decisions." Key Benefits of the Integration Automated royalty payment collection and reconciliation Reduced manual data entry and administrative work Real-time synchronization of payment data Greater financial visibility across franchise locations Simplified reporting and improved performance insights About Evolv Inc. Founded in 1998, Evolv Inc. helps businesses increase sales, reduce costs, and mitigate risk through innovative payment acceptance solutions and business technology. Processing more than $7 billion annually and supporting over 18,000 businesses nationwide, Evolv delivers solutions designed to simplify operations and support long-term growth. About Fran Metrics Fran Metrics is a franchise analytics and performance platform that empowers franchisors and franchisees with centralized reporting and actionable business intelligence. By turning operational and financial data into meaningful insights, Fran Metrics helps franchise organizations improve performance and drive growth. For More Information Evolv Inc. Joe Oglesby joglesby@poweredbyevolv.com Fran Metrics Jason West-McReynolds jason@franmetrics.net

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Evolv has partnered with Golf Course Builders Association of America as the Preferred Partner for Payment Acceptance and Digital Marketing solutions!

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Evolv has partnered with Farm Equipment Manufacturers Association as the Endorsed Partner for Payment Acceptance and Digital Marketing solutions!

Competitive Credit Card Processing Rates