Just like any other bill, it’s imperative to know what each fee on your Merchant account statement means. This way, you’ll have a clear understanding of what products and/or services you are paying for and will have a much easier time reviewing it every month. Plus, if you’re not familiar with the types of costs associated with credit card processing, you may never realize that your provider is including unwarranted fees at a high rate, which often occurs. That means more money out of your pocket and less money to put back into your business.