Country Farms Inc. Analysis Summary
October 01, 2024
MusicShop360 Payments Offer
| MusicShop360 PAYMENTS | Volume Fee | Transaction Fee |
|---|---|---|
| Card Present | 1.95% | $0.10 |
| Card Not Present | 2.60% | $0.30 |
Current Cost Analysis
| SUMMARY | VOLUME | TXN COUNT | INTERCHANGE FEES | PROCESSOR FEE | EFFECTIVE RATE |
|---|---|---|---|---|---|
| March | $ 11,992 | 148 | $3,953 | $869 | 2.84% |
| April | $170,883 | 626 | $3,953 | $869 | 2.84% |
| August | $170,883 | 626 | $3,953 | $876 | 2.84% |
MusicShop360 Payments Comparison
| SUMMARY | VOLUME | TXN COUNT | INTERCHANGE FEES | PROCESSOR FEE | EFFECTIVE RATE |
|---|---|---|---|---|---|
| March | 2,750.00 | 500 | $18,987 | 70 | $4,022 |
| March | 2,750.00 | 626 | $18,987 | 70 | $4,022 |
| March | 2,750.00 | 626 | $18,987 | 70 | $4,022 |
Speciality Fees
| SUMMARY | VOLUME | TXN COUNT | FEES | PRICE PER TRANSACTION |
|---|---|---|---|---|
| EBT | 2,750.00 | 626 | $18,987 | 70 |
| INTERAC | 2,750.00 | 626 | $18,987 | 70 |
| Summary | Current | Quilt |
|---|---|---|
| Processing Fees | $14,651 | $14,651 |
| Total Fees | $14,651 | $14,651 |
| Average Monthly Difference | $1,512* |
Note : Based on provided statements, savings subject to change based on usage.
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Fabric Essentials Payment Processing Proposal
October 01, 2024
Current Cost Analysis
| SUMMARY | VOLUME | TXN COUNT | INTERCHANGE FEES | PROCESSOR FEE | EFFECTIVE RATE |
|---|---|---|---|---|---|
| March | $ 11,992 | 148 | $3,953 | $869 | 2.84%% |
| April | $170,883 | 626 | $3,953 | $869 | 2.84%% |
| August | $170,883 | 626 | $3,953 | $876 | 2.84%% |
MusicShop360 Payments Offer
| MusicShop360 PAYMENTS | Volume Fee | Transaction Fee |
|---|---|---|
| Card Present | 1.95% | $0.10 |
| Card Not Present | 2.60% | $0.30 |
MusicShop360 Payments Comparison
| SUMMARY | VOLUME | TXN COUNT | INTERCHANGE FEES | PROCESSOR FEE | EFFECTIVE RATE |
|---|---|---|---|---|---|
| March | $2,750.00 | 500 | $18,987 | $70 | $4,022% |
| March | $2,750.00 | 626 | $18,987 | $70 | $4,022% |
| March | $2,750.00 | 626 | $18,987 | $70 | $4,022% |
Speciality Fees
| SUMMARY | VOLUME | TXN COUNT | FEES | PRICE PER TRANSACTION |
|---|---|---|---|---|
| EBT | 2,750.00 | 626 | $$18,987 | 70 |
| INTERAC | 2,750.00 | 626 | $$18,987 | 70 |
Summary
| Current | MusicShop360 | |
|---|---|---|
| Processing Fees | $14,651 | $14,651 |
| Total Fees | $14,651 | $14,651 |
| Estimated Annual Savings | $1,512* |
Note: Savings are based on provided statements and may vary with changes in interchange and card mix.