Credit Card Processing Fees

Credit card processing fees usually refers to the transaction fee and merchant statement fee. Transaction fees are charged for each credit card payment transaction. Unlike credit card processing rates, the transaction fee is a flat fee regardless of the ticket size (the amount being charged). This usually ranges from twenty cents to thirty cents. Transaction fees depend on the type of credit card transaction and product/service being rendered. Our Credit Card Processing Machine Network has found transaction rates as low as twelve cents from our credit card processors. Be sure to apply for a free no obligation quote. A merchant statement fee is the fee that is charged monthly for purposes of processing the merchant statement. The merchant statement is similar to a bank statement but solely for the purpose of keeping track of credit card transactions at the place of business. This is usually between five to fifteen dollars.