Below are the most common fees for merchants:

Address Verification Fee:

fee charged to merchants for address verification purposes

Annual Fee:

yearly fee in order to maintain a merchant account

Cancellation Fee:

This is needed when a merchant cancels an account for it expires

Chargeback Fee:

The fee charged by banks when a chargeback is issued to a merchant.

Check Guarantee Fee:

These fees are structured like credit card processing fees. They’re usually a percentage fee, transaction fee and application fee.

Check Verification Fee:

Check verifications fees are needed in order to see if the check writer has a history of writing bad checks.

Debit Fees:

Debit fees are network fees and transaction fees and they vary per debit network.

Discount Per Transaction Fee:

The acquirer charges these fees in order to process transactions.

Equipment Warranty Plan:
This is a monthly fee that will replace or repair a terminal if it breaks.

Internet Payment Gateway Fees:
This monthly fee maintains the security of a payment gateway.

Investigation Fee:
This fee is required in order to investigate transactions.

Monthly Statement Fee:
This is required in order to create a monthly accounting report of the transactions.

Monthly Minimum Fee:
This fee is the minimum that banks want to receive regardless of the number of transactions.

Retrieval Fee:
Fee required to conduct a retrieval request.

Transaction Fee:
The fee charged in order to authorize any transaction.

Voice Authorization Fee:
The fee required if a merchant wants to call Mastercard or Visa for voice authorization.

Wireless Fees:
The fees necessary to have a wireless network for the wireless terminal.

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