Monthly Processing Volume (MPV) refers to the total value of all credit and debit card transactions processed by a business within a month. This metric is crucial for payment processors and acquiring banks, as it helps assess a business’s transaction volume, risk level, and eligibility for certain processing rates or services. Higher monthly processing volumes can often result in lower transaction fees, while businesses with lower volumes may face higher rates or additional requirements. MPV is a foundational element in setting up a payment processing account and in evaluating processing needs as a business grows.
Monthly processing volume significantly impacts the rates and fees that businesses pay for payment processing. A 2023 survey found that businesses processing over $100,000 monthly secure up to 20% lower per-transaction fees compared to those processing under $10,000. Example: A growing online retailer increased its MPV from $15,000 to $100,000 within a year, enabling it to negotiate better rates with its processor and reducing overall transaction costs by 15%. Insight: Studies show that businesses with high MPV can benefit from advanced features like fraud detection and chargeback management included in their processing plan, optimizing both cost efficiency and security.
Swipesum specializes in analyzing your monthly processing volume to match you with the best-fit processing solutions and pricing tiers. Our team reviews your MPV trends, helping you leverage volume-based discounts and features that align with your business needs. With Swipesum’s expertise, you’ll gain access to competitive rates, scalable processing options, and the tools to reduce processing costs as your business grows. Let us help you turn your MPV into a valuable asset in optimizing transaction costs.
