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Helcim Fees Explained: Complete 2026 Guide (+ How to Pay $0)

Helcim is the rare processor that gets cheaper as you grow—with no monthly fees, no contracts, and automatic volume discounts. Here's exactly what you'll pay.

What Are Helcim's Fees in 2026?

Helcim is one of the most transparent payment processors in the industry. Unlike Square or Stripe with flat-rate pricing, Helcim passes the actual interchange cost to you and adds a small, fixed markup.

Quick Fee Overview

Fee Type Amount
In-person (card present) Interchange + 0.40% + 8¢
Online/Keyed (card not present) Interchange + 0.50% + 25¢
ACH bank transfers 0.5% + 25¢ (max $6)
Monthly fee $0
Setup fee $0
PCI compliance fee $0
Cancellation fee $0
Chargeback fee $15 (refunded if you win)
Returned ACH fee $5
💡 What This Means in Practice

According to Helcim's data, the average effective rate for in-person transactions is 1.93% + 8¢ and for online transactions is 2.49% + 25¢. That's significantly lower than Square (2.6% + 10¢) or Stripe (2.9% + 30¢).

How Interchange-Plus Pricing Works

Understanding interchange-plus is key to understanding why Helcim is often cheaper than flat-rate processors.

The Two Components of Every Transaction

1. Interchange Fee (set by card networks)
This is the "wholesale" cost paid to the customer's bank. It varies by card type, transaction method, and industry. Debit cards cost less than credit cards. Card-present costs less than online. Consumer cards cost less than rewards cards.

2. Helcim's Markup (fixed)
This is what Helcim charges on top of interchange. It's transparent and decreases as your volume increases.

Example Calculation

$100 In-Person Transaction with Consumer Debit Card

Interchange (debit, card-present) ~0.80% = $0.80
Card network assessment ~0.13% = $0.13
Helcim markup (0.40% + 8¢) $0.40 + $0.08 = $0.48
Total Fee $1.41 (1.41%)

Compare to Square: $2.70 (2.6% + 10¢) for the same transaction—a 48% savings with Helcim.

⚠️ When Flat-Rate Wins

If your customers mostly use premium rewards credit cards (higher interchange), flat-rate pricing can occasionally be cheaper. But for most businesses with a normal card mix, interchange-plus saves 20-40%.

Helcim's Automatic Volume Discounts

Here's what sets Helcim apart: your rates automatically decrease as you process more. No negotiation needed. No calling in. It just happens.

In-Person Transaction Tiers

Monthly Volume Helcim Markup
$0 - $50,000 Interchange + 0.40% + 8¢
$50,001 - $100,000 Interchange + 0.30% + 7¢
$100,001 - $200,000 Interchange + 0.25% + 7¢
$200,001 - $500,000 Interchange + 0.20% + 6¢
$500,001+ Interchange + 0.15% + 6¢

Online/Keyed Transaction Tiers

Monthly Volume Helcim Markup
$0 - $50,000 Interchange + 0.50% + 25¢
$50,001 - $100,000 Interchange + 0.40% + 20¢
$100,001 - $200,000 Interchange + 0.35% + 20¢
$200,001 - $500,000 Interchange + 0.25% + 15¢
$500,001+ Interchange + 0.15% + 15¢

How it works: Helcim calculates your tier based on a 3-month rolling average. This prevents your rate from jumping around due to a single slow or busy month.

How Much Does Helcim Actually Cost? (Real Examples)

Let's see what real businesses pay with Helcim's interchange-plus pricing.

Example 1: Retail Store

Monthly sales: $25,000 • Transactions: 500 • Avg ticket: $50 • Card mix: 60% debit, 40% credit

Average interchange ~1.50%
Helcim markup (0.40%) 0.40%
Per-transaction (500 × $0.08) $40.00
Monthly processing cost $515.00
Effective Rate 2.06%

With Square at 2.6% + 10¢: $700/month. Helcim saves $185/month ($2,220/year).

Example 2: Online Business

Monthly sales: $50,000 • Transactions: 800 • Avg ticket: $62.50 • All online

Average interchange ~1.95%
Helcim markup (0.50%) 0.50%
Per-transaction (800 × $0.25) $200.00
Monthly processing cost $1,425.00
Effective Rate 2.85%

With Stripe at 2.9% + 30¢: $1,690/month. Helcim saves $265/month ($3,180/year).

Example 3: High-Volume Restaurant

Monthly sales: $150,000 • Transactions: 4,000 • Tier: Interchange + 0.25% + 7¢

Average interchange ~1.65%
Helcim markup (0.25%) 0.25%
Per-transaction (4,000 × $0.07) $280.00
Monthly processing cost $3,130.00
Effective Rate 2.09%

With Square at 2.6% + 10¢: $4,300/month. Helcim saves $1,170/month ($14,040/year).

Helcim Fees vs. Other Payment Processors

How does Helcim stack up against the competition?

Processor In-Person Online Monthly Fee Contract
Helcim ~1.93% + 8¢ avg ~2.49% + 25¢ avg $0 None
Square 2.6% + 10¢ 2.9% + 30¢ $0 None
Stripe 2.7% + 5¢ 2.9% + 30¢ $0 None
PayPal 2.29% + 9¢ 3.49% + 49¢ $0 None
Clover 2.3% + 10¢ 3.5% + 10¢ $14.95-$354 36 months
Toast 2.49% + 15¢ 3.50% + 15¢ $69+ 2-3 years
💡 Key Insight

Helcim typically saves businesses 20-40% compared to flat-rate processors like Square and Stripe. The savings increase with volume as you unlock lower tiers. Not sure what a good rate looks like? See our guide on what's a good rate for credit card processing.

Are There Any Hidden Fees?

Helcim is refreshingly transparent, but here's everything you might pay:

Fees Helcim DOES Charge

  • Chargeback fee: $15 (but refunded if you win the dispute)
  • Returned ACH: $5 per rejected bank transfer
  • Hardware: $99 for card reader (one-time purchase, no rental)
  • International cards: Additional card network fees apply

Fees Helcim Does NOT Charge

  • Monthly fees
  • Setup fees
  • PCI compliance fees
  • Cancellation fees
  • Statement fees
  • Batch fees
  • Gateway fees
  • Refund fees (though original interchange isn't returned)
💡 Switching Bonus

Helcim will cover up to $500 in cancellation or equipment fees from your previous processor when you switch. This makes it easier to escape contracts with Clover or Toast.

Who Is Helcim Best For?

Helcim Is Great For:

  • Growing businesses ($10K+/month) - Interchange-plus savings add up quickly
  • Businesses with high debit card usage - You'll pay less than flat-rate processors
  • B2B companies - Helcim automatically optimizes Level 2/3 data for lower corporate card rates
  • Multi-channel businesses - Same account for in-person, online, and invoicing
  • Businesses fleeing contracts - No commitment, plus they'll cover switching costs

Helcim May Not Be Ideal For:

  • Very low volume (<$5K/month) - Flat-rate simplicity may be worth the premium
  • High-risk industries - Helcim has a restricted business list
  • Businesses needing same-day deposits - Helcim deposits in 1-2 business days

How to Eliminate Fees Entirely

Even with Helcim's low rates, you can eliminate processing fees completely with dual pricing.

The Dual Pricing Solution

Dual pricing (also called cash discounting) lets you display two prices. Card customers pay the posted price (which includes the processing fee), while cash customers get a discount.

What Your Customer Sees at Checkout

Pay by Card
$102.00

Standard price

Save $2
Pay by Cash
$100.00

Cash discount

You keep $100 either way. Processing fees = $0.

Is Dual Pricing Legal?

Yes. The 2013 Durbin Amendment and subsequent court rulings allow merchants to pass credit card fees to customers. However:

  • You must follow card network rules (Visa, Mastercard)
  • You must disclose pricing clearly at point of sale
  • Some states have specific requirements

Learn more ways to reduce costs in our guides on negotiating processing fees and saving on credit card processing fees.

Frequently Asked Questions

How much does Helcim charge per transaction?
Helcim charges interchange + 0.40% + 8¢ for in-person and interchange + 0.50% + 25¢ for online (starting tier). Average effective rates are 1.93% + 8¢ in-person and 2.49% + 25¢ online. Rates decrease automatically with higher volume.
Does Helcim have monthly fees?
No. Helcim has zero monthly fees, zero setup fees, zero PCI compliance fees, and zero cancellation fees. You only pay transaction fees on what you process.
Is Helcim cheaper than Square?
Usually yes. Helcim's average in-person rate of 1.93% beats Square's 2.6% + 10¢. The savings increase with volume—businesses save 20-40% on average compared to flat-rate processors.
Does Helcim have contracts?
No. Helcim has no long-term contracts and no cancellation fees. You can leave anytime. They'll even cover up to $500 in termination fees from your previous processor.
What are Helcim's volume discounts?
Helcim has 5 automatic volume tiers. At $50K+/month, rates drop to interchange + 0.30% + 7¢ in-person. At $200K+/month, rates drop to interchange + 0.15% + 6¢. Discounts apply automatically based on a 3-month rolling average.
Does Helcim charge chargeback fees?
Yes, $15 per chargeback. But Helcim refunds the fee if you win the dispute. This is more favorable than most processors who keep the fee regardless of outcome. Square charges $0 for chargebacks.
What is interchange-plus pricing?
Interchange-plus passes the actual card network cost (interchange) directly to you, then adds a fixed markup. It's more transparent than flat-rate pricing and usually cheaper for businesses processing $10K+/month.
Does Helcim work for online businesses?
Yes. Helcim offers payment gateway, hosted checkout, invoicing, and recurring billing. Online rates start at interchange + 0.50% + 25¢, which beats Stripe and PayPal for most businesses.
What hardware does Helcim offer?
Helcim sells a $99 card reader that accepts tap, chip, swipe, and manual entry. No hardware rental or leasing. They also offer free POS software for iOS and Android.
Is Helcim good for small businesses?
Yes, with a caveat. No monthly fees make it accessible, but very low-volume businesses (<$5K/month) may find flat-rate processors simpler. Helcim shines at $10K+/month where interchange-plus savings add up.

Want to See How Much You Could Save?

We'll analyze your current processing fees and show you exactly what you'd pay with Helcim—and what dual pricing could save you. Free, no obligation.

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