Research & Data

The truth about
payment processing

Data-driven insights exposing how processors overcharge businesses—and how to fight back.

NEW RESEARCH Dec 2024

We analyzed 10,000 businesses:
The average business overpays $4,536/year

Our data science team analyzed payment processing costs across 10,000 small businesses. The findings? Shocking. Square's flat-rate model costs businesses an average of 46% more than interchange-plus pricing on debit transactions.

46%
Average overpayment
$378
Monthly loss
60%
Debit transactions
Read Full Research →

Latest Research

Data Analysis 8 min read

Debit vs Credit: The $1.26 Difference Square Won't Tell You

Debit cards cost processors 0.5% + $0.22. Square charges you 2.75%. We break down the math.

Read Analysis →
$2.5B
processed in 2024
Industry Report 12 min read

State of Payment Processing 2024: Transparency Wins

Our annual report reveals how transparent pricing is disrupting the $100B payment processing industry.

Download Report →
$8.2K
saved annually
Case Study 6 min read

How This Coffee Chain Saved $8.2K by Switching from Square

A 3-location coffee shop's journey from Square's 2.75% flat rate to MidPay's 1.49% debit rate.

Read Case Study →
Technical 10 min read

How Payment Processing Actually Works (And Why You're Overpaying)

A technical breakdown of interchange fees, processor markups, and where your money actually goes.

Read Deep Dive →
Market Analysis 9 min read

Square vs Stripe vs MidPay: A Data-Driven Comparison

We compared pricing across 100 scenarios. Here's who wins (and who loses).

View Comparison →
2010
Durbin Amendment
Regulatory 7 min read

The Durbin Amendment: Why Debit Should Cost Less (But Doesn't at Square)

How 2010 legislation capped debit card fees—but processors kept charging you the same.

Read Analysis →