Interchange & assessments
Card-brand and issuing-bank costs are identified so they are not mistaken for processor markup.
Merchant processing statement review
Find out what you're really paying for card processing.
Tenmile Ledger reviews card processing statements, separates interchange and card-network costs from processor markup and fees, and negotiates pricing when there is room to improve it.
No upfront fee
Keep your processor if it makes sense
Savings are verified
Statement reviewInterchange, assessments, processor fees and markup are separated.
Processor negotiationIf the processor pricing can be improved, Tenmile asks for better terms.
Contingency feeNo verified savings means no Tenmile fee.
Keep your setupA processor switch is not required just to get a review.
What gets reviewed
What is actually on a processing statement?
Merchant statements often blend several kinds of costs together. Tenmile separates the parts controlled by the card networks from the pricing controlled by the processor.
Processor markup
Basis-point pricing, per-transaction charges and other processor-added pricing are reviewed separately.
Monthly & incidental fees
Statement, PCI, gateway, batch, annual and other processor fees are checked for relevance and negotiability.
Overall processing cost
The statement is viewed as a whole so the business can see what it is actually paying relative to card volume.
Processing guides
Understand the bill before you change anything
Processing statements mix several kinds of costs together. These guides explain what the charges mean, which parts the processor controls and what is worth questioning.
Worked example
See a sample statement broken down
Processor markup, PCI non-compliance, recurring fees and the parts of the bill that deserve a second look.
See the breakdown →How to read a merchant processing statement
Start with the totals, then separate interchange, assessments, processor markup and recurring fees.
Read the guide →Processor markup vs. interchange
Why the distinction matters, and which part of the processing bill is usually open to negotiation.
Read the guide →How to tell if you are overpaying
What to look for before deciding that a low headline rate or a high effective rate tells the whole story.
Read the guide →Which processing fees can be negotiated?
Some costs are set by card networks. Others come from the processor. The difference matters.
Read the guide →Negotiate fees without switching processors
If the current setup works, better pricing may be worth asking for before replacing it.
Read the guide →Who we help
Businesses that take card payments
The best fit is usually a business with enough card volume that small pricing changes add up. These are some common examples.
Automotive
Repair, tire, oil change, collision, diesel and powersports
Restaurants
Full service, quick service, cafés, bars and catering
Retail
Stores, boutiques, specialty retail and online sales
Dental & medical
Dental, clinics, elective care, wellness and specialty practices
Home services
HVAC, plumbing, electrical, roofing, landscaping and more
Hospitality
Hotels, motels, vacation rentals and recreation businesses
Fitness & wellness
Gyms, studios, training, recovery and wellness services
Professional services
Agencies, consultants, contractors and local service businesses
What happens next
How it works
One recent monthly statement is enough to start.
Start with a review request
Send a few basic details. A recent statement can be attached if you already have one handy.
Tenmile reviews it
Interchange, assessments, processor markup and fees are separated.
Tenmile negotiates
If the processor pricing is higher than it should be, Tenmile asks for better terms.
Savings are verified
New pricing is compared with the old. You keep 60% of verified savings. Tenmile receives 40%.
About Tenmile Ledger
A second set of eyes on the processing bill.
Tenmile Ledger was founded by Braden after years working in payments and merchant services. The service is focused on reviewing processing statements and negotiating processor pricing.
Most processing statements mix card-network costs, processor markup and miscellaneous fees together. That makes it difficult to tell which parts of the bill are negotiable.
Tenmile separates those costs, checks the processor pricing, and handles the negotiation when the pricing is out of line. A review can also end with the answer that the current pricing is fine.
Why the name
Why Tenmile?
The name Tenmile comes from Montana, where Braden, founder of Tenmile Ledger, has spent many summers over the years. It’s a place he keeps going back to, and it felt like a better fit than another name made to sound like a payments company.
There’s also something about the name that fits what Tenmile Ledger does. A lot of businesses simply accept the processing costs they’ve been given because they’ve been paying them for years. Tenmile was built around the idea that “good enough” is worth questioning.
Sometimes the pricing is already fair. Sometimes it isn’t. The point is to take a closer look before settling for what’s already there.
FAQ
Questions business owners usually ask
Do I have to switch processors?
No. A switch is not required. The first question is whether the current processor will improve the pricing. If the existing setup is competitive, there may be no reason to change it.
What does the review cost?
Nothing upfront. If Tenmile secures and verifies savings, you keep 60% and Tenmile receives 40%.
What do you need from me?
One recent monthly processing statement. Bank account numbers can be redacted before it is sent.
What if my rates are already good?
Then the review ends there. Tenmile is not going to invent a problem to justify a fee.
Which credit card processing fees can be negotiated?
Processor markup and many processor-added fees may be negotiable. Interchange and card-network assessments are generally set outside the processor, so Tenmile separates those costs before judging the processor pricing.
Can Tenmile review a merchant services or credit card processing statement?
Yes. Tenmile reviews merchant processing and credit card processing statements to identify processor markup, recurring fees and other pricing that may deserve a closer look.
What businesses are a good fit?
Any business with meaningful card volume can be worth reviewing. Automotive, restaurants, retail, medical and dental, home services, hospitality, fitness and professional services are common examples.
Ask about a review
See if your processing costs are worth a closer look.
Send the basics below. A recent processing statement is helpful, but it is not required to start the conversation.
No upfront feeA review request does not commit you to anything.
Statement is optionalIf you attach one, you may redact bank account numbers first.
No processor switch requiredThe existing setup is reviewed before any change is considered.