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Subject Topic: Business Merchants Accounts: What Suits Y Post ReplyPost New Topic
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davidjohn6366
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Joined: 30 July 2022
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Posted: 05 November 2022 at 20:37 | IP Logged Quote davidjohn6366

A PIN debit transaction fee is paid when you have a PINpad
attached to your terminal. This is a fixed transaction
charge of about 70 cents, although some processors charge a
lower rate of 20 cents, but bill you the debit network fee.

An Address Verification Service
credit card payment agent
Transaction fee (AVS) is commonly included as a part of the
transaction rate. This rate ranges from 5 to 10 cents and
is charged if you key transactions into an alternate
system.

The Daily Batch Fee is charged by some processors when you
transfer the funds into your bank account. You are only
charged a rate of 5-50 cents when you settle a batch.

You will pay a Monthly Statement Fee for support, customer
service, and the monthly statement. This is normally $10 to
$15 a month and is a flat fee. Some providers charge a
lower rate, but do not provide the level of support that
you need, so it is important to know what the rate is
paying for.

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