ROI Calculator

Step 1 - Retail
If you currently accept credit cards, but only in a fixed store location you will be able to cancel your dial line and go wireless. If this doesn't apply, skip to step 2.

$ (amount per month spent on phone line) x months = $

Step 2 - Field Services
If you accepted credit cards in the past, you must have used a knuckle buster or called in for voice authorization. Moving to a live, card present mobile payment solution can improve your processing rate by 1% of processed revenue on average, if not more. Skip to Step 3 if not applicable.

$ (Annual Merchant Revenue) x Improvement Rate (%) =$

Step 3 - No Credit
If you do not currently accept credit cards, switching to card payments can have a significant impact on your revenue.

Industry Statistics show that accepting credit cards can increase merchant revenue by 10-30%. Let's assume 10% for this. We will also assume that 5% of that revenue will go to cover the cost of merchant services. 5% takes into account the fact that variable costs will have to be paid on increased revenue before its profitcs can cover merchant services.

$ (Annual Merchant Revenue) x Revenue Increase (%) = $

Step 3b
Losses from uncollected check or cash debt can add up to as much as 2% of revenue.

$ (Annual Merchant Revenue) x Debt Collection Loss Stop (%) = $

Step 3c
How much time and money does a manager or collection agent spend driving around collecting cash or check payments?

(Miles Driven Per Year) x $ $ per mile (based on $3 per gallon and 20 miles per gallon) = $

Step 3d
How much time and travel expenses are associated with driving to the bank to deposit cash and checks?

(Miles Driven Per Year) x $ $ per mile (based on $3 per gallon and 20 miles per gallon) = $

$ Total Savings per Year

% Return on Investment