Basis Point Calculator
Just what are Basis Point (BPS)? Basis points (BPS) refer to an usual device of measure for rate of interest and also various other portions in money. One basis point amounts to 1/100th of 1%, or 0.01% (0.0001). Payment processors will often price their services in terms of percentages or basis points. You might see a payment processor list their pricing as 2.5% or 250bps or 250BPS. This means that 2.5% of your sales will be fees that go into the payment processor’s pocket. In other words, if you sell $100 of merchandise to a customer, 2.5% or 250bps of $100 will be the fee that you will pay the payment processor. This will be $2.5 for every $100 that you sell. To figure out this quickly feel free to use our basis point calculator below.
Input Basis Points: (Move the slider below to indicate basis points)
Input Sales Dollars: (Move the slider below to indicate money)