Flat-fee credit card processing offers a different approach. Instead of having your processing costs rise with every sale, SMPL uses a subscription-based model with a predictable monthly fee.
Percentage pricing moves
with every sale you make.
is what SMPL charges instead.
The flat-fee model
Traditional credit card processing can make your payment costs harder to predict. When you're charged a percentage of every transaction, your processing expenses increase as your sales increase. The more your business sells, the more you can end up paying just to accept those payments.
Whether you accept payments in person, online, or through a combination of channels, SMPL can help you find a payment solution that fits the way your business operates.
Percentage-based processing means that every transaction can contribute to your processing costs. A $20 sale and a $2,000 sale are both subject to processing charges based on the transaction amount.
Your specific costs and terms depend on the payment solution you choose, but the subscription model gives you an alternative to traditional percentage-based processing. We also offer zero-fee credit card processing as an alternative.
With subscription-based flat-rate payment processing, your payment processing costs are easier to anticipate. Rather than watching your processing expenses increase alongside your sales, you pay a set monthly fee for your SMPL payment solution.
The more your business sells, the more important your payment processing costs can become. With a traditional percentage-based model, increasing sales can also mean increasing processing expenses.
A flat-fee model can help change that equation. When your monthly payment processing cost isn't directly tied to your transaction volume, you have the opportunity to retain more of the revenue from your sales as your business grows.
Why businesses choose SMPL
SMPL isn't just offering another way to process credit cards. We're providing businesses with a simpler approach to managing payment processing costs. Our payment solutions combine predictable subscription-based pricing with the tools you need to accept payments where and how your customers prefer.
Know what you're paying for your payment processing service each month instead of watching your processing expenses fluctuate with your sales volume.
Instead of having your processing costs automatically increase with every transaction, you pay a predictable monthly fee for your selected payment solution.
Accept payments in person with modern payment equipment designed to fit different business needs. SMPL offers payment terminals and other solutions that make it easy for customers to pay at your business.
Another way to process card payments remotely, making it useful for businesses that accept payments by phone or through other channels.
Connect your payment processing with your website, software, and other business systems through available payment integrations.
Changing payment processors or setting up a new payment solution doesn't have to be complicated. We provide support to help you choose the right tools and get your payment processing up and running.
Access to your money matters. SMPL provides funding options designed to help businesses receive their processed payments and maintain control over their cash flow.
Real businesses that switched from percentage-based processing to SMPL's flat-fee subscription.
“It’s so worth it! You’ll want to keep it, you’ll refer it! I have two businesses and have it in both locations.”
“Switching to Smpl saved me over $30,000! It was exactly what I was told it was going to be.”
The cost comparison
You may find an opportunity to simplify your payment expenses and keep more of what you earn.
Figure is SMPL's own pay-as-you-go rate, shown for comparison against the flat-fee subscription. Your current processor's rate will differ.
Common questions
Flat fee credit card processing replaces the percentage taken out of every card sale with one predictable monthly bill.
The SMPL subscription is $24.99 a month. That covers your first Smart Terminal and a Virtual Terminal, with no percentage markup taken from your sales. Additional devices are priced per unit: Smart Flex from $14.95 a month, POS+ from $24.95. Your monthly total depends on the hardware you choose, not on how much you sell.
It depends on your volume. A flat monthly fee beats a percentage once your card takings are high enough that the percentage exceeds the subscription. Below that crossover a percentage model can cost less. Send a recent processing statement and we will show you which side of the line your business sits on.
Flat fee processing means you pay one predictable subscription instead of a percentage of each sale. The cost stays with your business but stops moving. Zero fee processing works differently: the card cost is presented to the cardholder at checkout, so it no longer comes out of your revenue at all. How zero fee processing works →
There is no contract term and no cancellation fee on the subscription. You can stop at any point, including during the 30-day trial. Any hardware you have taken is returned when you close the account, and anything supplied on separate terms is set out in writing during onboarding.
The subscription covers the SMPL payment service itself. Card-network and interchange costs still exist behind every transaction. The flat fee model is about how you are billed for them, not about making them disappear. Eligibility and final pricing are confirmed during onboarding.
Next-day funding is available on eligible batches settled before the daily cut-off. Batches closed after cut-off, at weekends or on bank holidays fund on the next banking day. Funding speed can also be affected by standard risk review when an account is new.
Get started
If you're tired of watching your payment processing costs grow every time your sales grow, it may be time to consider a different approach. SMPL's flat fee credit card processing gives businesses an alternative to traditional percentage-based processing, with a predictable monthly subscription designed to make payment costs easier to understand and budget for.
Stop letting your processing costs grow every time your sales grow. Switch to a predictable flat-fee model with SMPL and see what you could save.