Helcim · Payment processors
Helcim review
Helcim, a Calgary payments company founded in 2006, uses interchange-plus pricing: you pay the card networks’ actual cost plus a published margin, starting at 0.40% + 8¢ in person and 0.50% + 25¢ online and falling automatically as your monthly volume grows. There’s no monthly fee and no contract, and Interac debit costs just 9¢ in Canada.
Who Helcim is best for
Businesses processing more than about $10,000 a month and merchants wanting transparent, contract-free pricing.
Businesses selling outside North America.
Helcim, a Calgary payments company founded in 2006, uses interchange-plus pricing: you pay the card networks’ actual cost plus a published margin, starting at 0.40% + 8¢ in person and 0.50% + 25¢ online and falling automatically as your monthly volume grows. There’s no monthly fee and no contract, and Interac debit costs just 9¢ in Canada.
Fees, features and eligibility
| Recurring billing | Recurring payments available |
|---|---|
| Bank debits | ACH/EFT at 0.5% + 25¢ |
| Card rate | Interchange + 0.40% + 8¢ in person and + 0.50% + 25¢ online, falling to + 0.15% at $1M–$5M a month |
| Monthly fee | $0 monthly; no contract |
| Type | Payment processor |
| Coverage | US and Canada |
| Best fit | Small and mid-sized merchants with growing volume |
Source: Helcim published product information.
What stands out
Pros
- Transparent interchange-plus pricing
- No monthly fee or contract
- Automatic volume discounts
Cons
- US and Canada only
Helcim: common questions
How does Helcim price card payments?
Interchange-plus: the card networks’ cost plus a published margin that falls as your volume grows.
Does Helcim have a monthly fee?
No, and there’s no contract.
Where does Helcim operate?
The US and Canada.
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