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    What is a basis point?

    A basis point is equal to one-hundredth of a percentage point. For example, one basis point is equal to 0.01% and 100 basis
    points is equal to 1.0%.

    Below is a table with some examples showing percentage to basis point conversion. Use this as a guide to help better understand basis points.

     

    Basis Points

    Percentage

    Decimal

    5

    0.05%

    0.0005

    10

    0.10%

    0.0010

    15

    0.15%

    0.0015

    25

    0.25%

    0.0025

    30

    0.30%

    0.0030

    35

    0.35%

    0.0035

    40

    0.40%

    0.0040

    45

    0.45%

    0.0045

    50

    0.50%

    0.0050

    55

    0.55%

    0.0055

    60

    0.60%

    0.0060

    65

    0.65%

    0.0065

    70

    0.70%

    0.0070

    75

    0.75%

    0.0075

    80

    0.80%

    0.0080

    85

    0.85%

    0.0085

    90

    0.90%

    0.0090

    95

    0.95%

    0.0095

    100

    1.00%

    0.0100

     

     

    We know that .50% = 50 Basis Points or to show as a decimal would be   .0050

    We know that 1% = 100 Basis Points or to show as a decimal it would be .0100

     

    Example:

    Here is one scenario with processing volume of $3000 with discount Rate of .50% (50 basis points)

    How much does it cost to process the above amount?   .0050 * $3000 = $15

     

    If you have questions or require additional information, please submit a ticket and we will be in touch with you shortly.

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