FeeLeak

Merchant processing cost audits

Find what a business is
overpaying to process cards.

Upload a merchant statement. FeeLeak separates network pass-through from processor markup, benchmarks it against what comparable merchants pay, and names every charge with no service behind it — as a report you put your own logo on.

A real statement

Liquor retailer, $52,901 in monthly card volume, August 2025. Merchant name withheld; every figure below is taken from the processor's own statement.

Annual overpayment identified

$53,000

The processor charged a 4.87% discount rate stacked on top of pass-through interchange, plus $0.75 per transaction where the market is about a dime.

Effective rate

11.13%
total fees ÷ volume

Market benchmark

2.60%
same size, same profile

Above market

842 bps
$4,400 per month

Junk fees found

6 lines
no service behind them

Most statements are nothing like this one. Plenty of merchants are priced fairly, and FeeLeak says so — three of the last fifteen statements it read came back below market with nothing to recover.

How it works

1

Upload the statement

A PDF from any processor. Thirty seconds, no data entry.

2

Check the extraction

Every line is shown with its classification. Anything the parser is unsure of is flagged for you to verify against the source before it goes anywhere.

3

Send the report

A white-labeled PDF under your firm's name, including a ready-to-send renegotiation letter to the current processor.

What it will not do

An audit is only worth what its independence is worth. So:

Who is behind this

I'm Wade Kurio. I've been an independent sales agent in merchant services since 2023, writing processing on the Echelon platform for medical, e-commerce, auto and B2B merchants. Before that I was at InfoIMAGE in the banking industry.

I built FeeLeak because I read these statements for a living and got tired of doing the arithmetic by hand — and because the fee structures I kept finding were worse than most business owners would believe. The liquor retailer above was a real prospect of mine.

It's a one-person operation in Austin, Texas. If you email me, I'm the one who answers. FeeLeak is built under Vantyx Labs, my payments software practice — which is why my email lands from vantyx.io.

Email · wade@vantyx.io Phone · (512) 999-1543 LinkedIn · Wade Kurio

Send one statement. I'll audit it free.

No account, no call, no obligation. Send a client's processing statement and I'll send back the finished report, white-labeled to your firm — yours to keep and use with the client whether or not we ever speak again. It takes me a couple of minutes and it's the only honest way to show you whether this is any good.

Email me a statement