Address Verification Service Fee
This fee only applies to merchants who key in their credit card transactions. It’s usually between 5 and 10 cents, and is lumped in with the transaction fees, although some processors charge this as a separate line item. AVS provides you with valuable address and zip code information that helps reduce fraud. AVS is mandatory on all Visa and MasterCard transactions and on all keyed transactions where the card is not present.
Other Merchant Account Fees Explained:
- Discount Rate
- Transaction Fees
- PIN Debit Transaction Fees
- ACH Fee or Daily Batch Fee
- Monthly Statement / Support / Service Fee
- Internet Gateway Fee
- Voice Authorization Fee
- Monthly Minimum Fee
- Surcharge / Partially & Non-qualified Fees
- Application / Setup Fee
- Reprogramming Fee
- Chargeback / Retrieval Fee
- Annual Fee
- Cancellation or Termination Fee
- Hidden Fees or Junk Fees
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