PIN Debit Transaction Fees
These fees only apply if you accept debit cards and have a PINpad attached to your terminal. This fee is a fixed transaction fee and is usually around 70 cents. Some processors, however, charge a low transaction fee (around 20 cents) and then bill you the debit network fee, which varies depending on the debit network.
Other Merchant Account Fees Explained:
- Discount Rate
- Transaction Fees
- Address Verification Service Fee
- 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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