Understanding the costs associated with payment processing is crucial for maintaining a healthy bottom line for your gym. While fees can vary based on factors like transaction volume and risk assessment, here’s what standard charges you can expect:
Transaction Fees: A percentage applied to each successful transaction, which may fluctuate depending on the type of card used
Authorization Fees: A small, fixed fee charged for each authorization request.
Monthly Fees: With PayCompass, enjoy no monthly fees for our fitness accounts!
Chargeback Fees: Costs incurred when a client disputes a transaction.
At PayCompass, we have our sights set on offering clear pricing at competitive rates that’s made for the fitness industry. We aim to provide payment processing for gyms that’s cost-effective and aligns with your business’s financial goals, so you can help your clients and expand your gym’s reach with the best solution out there.