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-   -   Visa / Mastercard Fees (https://gfy.com/showthread.php?t=317062)

ModelBuffet 06-24-2004 05:38 AM

Visa / Mastercard Fees
 
Does anyone know if you have to pay their big fees EVERY time you get a merchant account or is it a one time deal?

ModelBuffet 06-24-2004 05:54 AM

Come on somebody has to know this...:helpme

Validus 06-24-2004 06:34 AM

Are you referring to merchant accounts or 3rd party processors? Although I am not 100% sure, I?d say you?d have to pay the fees every time you get a merchant account. The acquiring bank sometimes pays all those things for you, depending on the transaction volume.

ModelBuffet 06-24-2004 06:42 AM

I belive it is the same fees no matter if it's 3rd party or standard merchant if you are applying for a "high risk" account

Gottis 06-24-2004 07:03 AM

You pay it for every new merchant account you open. Everything in that merchant account is covered.


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