Effective RateQuick reference
Avendo facts
Avendo provides e-commerce credit card processing and merchant services that route each transaction to the processor offering the best available rate. Effective Rate keeps this page as a plain list of what Avendo charges, who it serves, what the application needs, and where its limits are, so merchants can check fit before contacting the team.
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How does Avendo charge for credit card processing?
Avendo never bills merchants. Its Avendo Services Fee is $0.10 per transaction and is billed to the payment processor. Card-network interchange and assessment fees are set by Visa, Mastercard, American Express, and Discover and are charged by the processor, not by Avendo.
| Item | Detail |
|---|---|
| Business | Avendo (avendo.tech), e-commerce credit card processing and merchant services |
| How it works | Connects your existing checkout to multiple processors and routes each transaction to the best available rate |
| Fee to merchants | None. No Avendo invoices, monthly charges, or platform fees |
| Avendo Services Fee | $0.10 per transaction, billed to the payment processor |
| Who it serves | Online merchants from small businesses to enterprise organizations |
| Eligible business types | Ecommerce, online subscriptions, SaaS, memberships |
| Not available yet | In-person (card-present) and point-of-sale businesses; stores on Shopify, Wix, Square, or GoDaddy |
| Checkout support | Custom carts; other platforms may require a compatibility review |
| Application time | About 10 minutes |
| Security | Access to PCI DSS-compliant processors and gateways |
| Dashboard | Transaction data, reports, and processor pricing in one place |
| Commitment | No obligation to switch before evaluating |
What you need to apply
- Your SSN, EIN, or ITIN
- A voided check or bank letter showing account and routing number
- 3 months of processing statements, or 3 months of bank statements
- Your business address and contact information
- A government-issued ID, such as a driver's license or passport
What happens after you apply
- 1. You share basic details that processors need to approve a merchant account.
- 2. Avendo sends them to eligible processors, so you apply only once.
- 3. You start processing through Avendo, with processors competing on price for each transaction.
Questions? Use the Avendo contact page or visit avendo.tech. To size your savings first, try the credit card processing cost calculator.
Common questions
- What is Avendo?
- Avendo is a payment technology company providing ecommerce credit card processing and merchant services. It connects a business's existing checkout to multiple payment processors and automatically routes each transaction to the processor offering the best available rate, while showing payment activity and pricing in a dashboard. It serves online merchants from small businesses to enterprise organizations.
- How much does Avendo cost merchants?
- Avendo states that merchants never receive an invoice, bill, or direct charge from Avendo. Its compensation is an Avendo Services Fee of 10 cents per transaction, billed to the payment processor. Merchants still pay card processing costs through their processor, including interchange and assessment fees set by Visa, Mastercard, American Express, and Discover.
- Who can use Avendo?
- Avendo is built for businesses that take payments online, including ecommerce stores, online subscriptions, SaaS, and memberships. Its application page states it cannot onboard in-person card-present or point-of-sale businesses today, or stores built on Shopify, Wix, Square, or GoDaddy, and that it is working toward supporting them.
- What do I need to apply?
- Avendo's application page lists your SSN, EIN, or ITIN; a voided check or bank letter showing your account and routing numbers; three months of processing statements, or three months of bank statements if you have none; your business address and contact details; and a government-issued ID such as a driver's license or passport.
- How do I apply for Avendo?
- You complete one application and Avendo sends it to eligible processors for review, so you apply once instead of separately with each processor. Avendo estimates about 10 minutes to complete it. Once approved, you process through Avendo with processors competing on price for each transaction. To ask questions first, contact the Avendo team.
- What does the Avendo dashboard show?
- The Avendo dashboard gives merchants their transaction data and reports in one place, with a plain-language view of how transactions are priced and where each cost comes from. Avendo describes it as visibility into how processors price your transactions and how they perform, so you understand what you are paying for.
Know your rate? Find out what Avendo could save you.
Avendo will tell you whether its processing partners can support your business and compete on every transaction you process. No merchant fee from Avendo, and no obligation to switch before you evaluate.