The following fees should be disclosed in writing at your
request. If a processor claims not to have one of the following fees…simply ask for it in writing.
- Monthly
Minimums
- Cancellation
Fees
- Batch
Fees
- Statement
or Monthly Service Fees
- Business
Card Surcharges
- AVS
Charges (Address Verification for mail/phone order or Internet
businesses)
- Non-Qualified
Fees (key-in surcharges and Non AVS)
- Charge-Back
Fees
- Voice
Authorization Fees
Once you have a basic understanding of ALL associated
fees, you will have the knowledge necessary
to obtain the best deal possible. Unfortunately,
business owners often research only the difference
in percentage rates. This is meaningless if
the savings disappear in higher fees hidden
elsewhere. Did you know Visa/MasterCard have
close to 50 different fee categories? The majority
of them may not affect you, however, they are
important and do vary depending on business
type.
Rather then placing hidden
fees in small print though out the contract as
some of our competitors commonly do; Paynet Systems
has placed all relevant fees on the contract’s
front page. This allows our customers to easily
assess their true costs.
Feel free to contact a Paynet Systems representative
for a thorough analysis of your credit card processing
needs. |
