Name Date
Payment Processing Fee worksheet
Grades 7–8
Calcapedia Solve each problem and show your work. Round answers to 2 decimal places where needed.
- 1.
Problem 1. - What are you comparing?: Taking a payment in person
- Amount: $100
Find: Lowest fee listed
Answer
- 2.
Problem 2. - What are you comparing?: Taking a payment online
- Amount: $110
Find: Lowest fee listed
Answer
- 3.
Problem 3. - What are you comparing?: Taking a payment in person
- Amount: $85
Find: Lowest fee listed
Answer
- 4.
Problem 4. - What are you comparing?: Taking a payment online
- Amount: $80
Find: Lowest fee listed
Answer
- 5.
Problem 5. - What are you comparing?: Taking a payment online
- Amount: $70
Find: Lowest fee listed
Answer
- 6.
Problem 6. - What are you comparing?: Moving a balance out instantly
- Amount: $90
Find: Lowest fee listed
Answer
- 7.
Problem 7. - What are you comparing?: Moving a balance out instantly
- Amount: $100
Find: Lowest fee listed
Answer
- 8.
Problem 8. - What are you comparing?: Taking a payment in person
- Amount: $90
Find: Lowest fee listed
Answer
- 9.
Problem 9. - What are you comparing?: Taking a payment online
- Amount: $125
Find: Lowest fee listed
Answer
- 10.
Problem 10. - What are you comparing?: Moving a balance out instantly
- Amount: $140
Find: Lowest fee listed
Answer
Answer key: Payment Processing Fee worksheet
Calcapedia 1. Lowest fee listed: $2.75
The lowest fee is Square, Free plan, at 2.6% + $0.15
Take the fee off the amount to see what reaches you
2. Lowest fee listed: $2.19
The lowest fee is Venmo business profile, at 1.9% + $0.10
Take the fee off the amount to see what reaches you
3. Lowest fee listed: $2.35
The lowest fee is Stripe card reader, at 2.7% + $0.05
Take the fee off the amount to see what reaches you
4. Lowest fee listed: $1.62
The lowest fee is Venmo business profile, at 1.9% + $0.10
Take the fee off the amount to see what reaches you
5. Lowest fee listed: $1.43
The lowest fee is Venmo business profile, at 1.9% + $0.10
Take the fee off the amount to see what reaches you
6. Lowest fee listed: $1.53
The lowest fee is Apple Cash, at 1.7% ($0.25 minimum) (capped at $25.00)
Take the fee off the amount to see what reaches you
7. Lowest fee listed: $1.70
The lowest fee is Apple Cash, at 1.7% ($0.25 minimum) (capped at $25.00)
Take the fee off the amount to see what reaches you
8. Lowest fee listed: $2.48
The lowest fee is Stripe card reader, at 2.7% + $0.05
Take the fee off the amount to see what reaches you
9. Lowest fee listed: $2.48
The lowest fee is Venmo business profile, at 1.9% + $0.10
Take the fee off the amount to see what reaches you
10. Lowest fee listed: $2.38
The lowest fee is Apple Cash, at 1.7% ($0.25 minimum) (capped at $25.00)
Take the fee off the amount to see what reaches you