Below are the most common fees for merchants:
Address Verification Fee:
fee charged to merchants for address verification purposes
yearly fee in order to maintain a merchant account
This is needed when a merchant cancels an account for it expires
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 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.
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.
Fee required to conduct a retrieval request.
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.
The fees necessary to have a wireless network for the wireless terminal.