How FeeSense works
FeeSense prepares, prices and manages your card acceptance. A licensed acquiring bank provides the merchant account, checks your application and processes your payments.
- 01
Check your current costs
Enter your monthly card turnover and current rate, or upload your latest statement. We read the statement and show you what we found so you can correct it.
- 02
Receive your offer
You see your current estimated monthly cost, the FeeSense price per card type and the difference. Confirmed prices and estimates are marked.
- 03
Accept and apply
Accept the offer, then complete the application: company, owners, bank account, a few questions about your business, documents and signatures.
- 04
Approval by the acquirer
We submit your complete application to the acquiring bank. It runs its own checks and makes the decision. We tell you as soon as anything changes.
- 05
Terminal and first payment
Once approved, your merchant account is created and your terminal is prepared and delivered. Your account is active after your first successful transaction.
Who does what
You
Provide accurate information and documents, sign the agreements and keep your account in good standing.
FeeSense
Calculates your offer, prepares and submits your application, follows up on requests and supports you afterwards.
Acquiring bank
Verifies your identity and business, decides on your application, holds the merchant agreement and settles your payments to your bank account.