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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?
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Come on somebody has to know this...:helpme
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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.
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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
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You pay it for every new merchant account you open. Everything in that merchant account is covered.
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