Overview

There are a lot of fees associated with credit card processing. Most of these fees can be associated with network fees or card brand fees. There are a couple of charges that customers will see on a monthly basis that are not associated with card brand fees or network fees.

Different types of fees that merchants will see

There are a few different fees that a customer can see when looking at their statement. The vast majority of the line items are standard fees like network access or card brand fees. There are a few fees that will show up on a monthly basis that are standard fees.

• PCI Management Monthly Fees - This covers the security metrics account for our customers to access PCI help to fill out their documentation.
  
  
• DC Direct Initial Activation Fees - When activating a new terminal, a fee MAY be applied. If it is, this will be a one time per terminal basis.
  
  
• Shipping & Handling - This is the shipping fee charged to the customer's account when shipping a terminal from Full Steam. This is one time per terminal fee.
  
  
• Terminal Sales Tax - Sales tax for the terminal being sent to the customer.
  
  
• Card Monthly Fee - Management fee for merchant services.
  
  
• Terminal Lease Fee - Covers the lease on the terminal per month per terminal.
  
  
• Accelerated Funding - Covers the fee for next day funding, monthly fee per Merchant ID.
  
  
• Full Settlement Fee - .05% fee for changing monthly instead of daily billing.