You know the feeling. The statement arrives. You scan the top, see a familiar rate, and feel the small relief of a number you recognize. Then you scroll. The line items multiply. Something called Network Access Fee. Something called Quarterly PCI Tech. A handful of acronyms in a font slightly smaller than the rest of the page. You squint, you guess, you move on.
We have written this letter for you.
The statement is doing what it was designed to do. The industry that built it has spent two decades pricing for inattention. It works because you are running a business and do not have a free afternoon to teach yourself interchange theory. We are not blaming you. We are pointing at the thing that has been quietly costing you money for as long as the statement has been arriving.
There is a version of this product that does not require a translator. The savings on the legacy version, if you sit down and audit it, are not small. Owners who have spent fifteen minutes reading their statement and fifteen minutes comparing a like-for-like quote tend to find a number that surprises them. Sometimes the number pays for an annual hire. Sometimes it pays for a second truck. Always, it is the kind of money that should not have been hidden in the first place.
We, co-founders Austin Diaz and Max Umlas, started LastPay because you should not have to argue with a statement to understand what you paid. Our statement is one page. The line items are in plain English. The markup is on the page. You can answer the three questions every owner deserves to have answered. What did I pay. Why did I pay it. What is the vendor’s margin.
If you have not run the audit, run it. Pull three months of statements. Compute your effective rate. Send the statements to a vendor that will give you a side-by-side comparison without asking for a phone call first. Read what comes back. The audit is free. The savings, if they exist, are yours.
If you do run the audit and your existing vendor wins, that is a fair outcome. You will know what you are paying for. You will be done arguing with a piece of paper.
If we win, we will earn the renewal every month. We do not lock customers into long contracts. We do not raise rates without telling you. The deal is the deal.
Specific examples are useful here. An HVAC company doing 1.4 million in card volume found 18,200 dollars of annual savings on the audit. A consulting firm doing 600,000 found 7,400. A multi-location auto detailer doing 3.2 million found 41,000. None of those numbers came from a feature. They came from a statement that had been quietly drifting for years.
The offer is short. Send a recent processing statement to LastPay. The team will return a side-by-side comparison within two business days. There is no obligation to switch. If the math does not work, walk away knowing what you are paying for. If it does, the savings start the month after the cutover.
Owners who have already switched describe the moment of relief in a similar way. They pulled the new statement at the end of the first month. They computed the effective rate. They saw the number drop by a meaningful amount. They closed the laptop and did not think about their processor again for thirty days. The lack of thinking about the processor is, for most owners, the highest praise the product ever receives.
Either way, you are no longer the person who stopped scrolling on the second page of the statement. That alone is worth the hour.
For a closer look at the platform, watch How To Send Quick Invoices Using LastPay on the LastPay YouTube channel.
