What are the merchant account fees?

Merchant accounts go hand in hand with different fees attached to them. However, not all of which are always clearly identified in contracts, including:

  • Application Fees;
  • Setup Fees;
  • Monthly Fees;
  • Discount Rate;
  • Per-Transaction Fees;
  • Cross-border Fees;
  • Rental fees for a credit card terminal ( in case you run a brick-and-mortar store).

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