Monthly Statement / Support / Service Fee
This fee is charged by your processor or merchant service provider and is a fixed fee, regardless of the number of transactions. This fee provides you with a monthly statement, as well as any 800 toll-free customer assistance/support you may need on your account. Usually this fee is around $10 per month, but it can be as high as $15.
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
- 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
