Fabric Essentials Payment Processing Proposal

October 01, 2024

Current Cost Analysis

SUMMARY VOLUME TXN COUNT INTERCHANGE FEES PROCESSOR FEE EFFECTIVE RATE
March $11,992 148 $3,953 $869 2.84%
April $170,883 626 $3,953 $869 2.84%
May $170,883 626 $3,953 $3,953 2.84%

Cell Smart POS Payments Offer

Cell Smart POS PAYMENTS Volume Fee Transaction Fee
Card Present 2.0% $0.10
Card Not Present 3.60% $0.60

Cell Smart POS Payments Comparison

SUMMARY VOLUME TXN COUNT INTERCHANGE FEES PROCESSOR FEE EFFECTIVE RATE
May $2,750.00 626 $18,987 $70 4,022%
May $2,750.00 626 $18,987 $70 4,022%
May $2,757.00 626 $18,987 $70 4,022%

Speciality Fees

SUMMARY VOLUME TXN COUNT FEES PRICE PER TRANSACTION
EBT 2,750.00 $626 $18,987 $70
INTERAC 2,750.00 $626 $18,987 $70

Summary

Current Cell Smart POS
Processing Fees $14,651 $14,651
Total Fees $14,651 $14,651
Estimated Annual Savings $1,512*

Note: Savings are based on provided statements and may vary with changes in interchange and card mix.