Internet Gateway Fee
This only applies if you are using an Internet payment gateway and does not apply if you are using software or a terminal. The gateway fee is a monthly fee that is usually billed directly by the gateway provider, although sometimes it can be billed through your merchant account. The gateway fee can be as high as $30 per month. Sometimes there can be an additional per-transaction fee that the gateway provider may charge. This is in addition to any transaction fees charged by your merchant account provider.
Other Merchant Account Fees Explained:
- Discount Rate
- Transaction Fees
- PIN Debit Transaction Fees
- Address Verification Service Fee
- ACH Fee or Daily Batch Fee
- Monthly Statement / Support / Service 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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