My Merchant Account Blog
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Set Up Fee
Tuesday, December 14, 2010
This is a fee charged when the merchant applies for a new account or when the new account is set up. Most providers will not charge a fee for new accounts; some charge it before starting the account and others add it to later billing statements.
The fee can be free or it can be as high as $1000.00.
See also Application Fee.
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My Merchant Account Blog Recent Entries
- Visa Chargeback Reason Code 75 - Transaction Not Recognized
- Visa Chargeback Reason Code 74 - Late Presentment
- Visa Chargeback Reason Code 73 - Expired Card
- Visa Chargeback Reason Code 72 - No Authorization
- Visa Chargeback Reason Code 71 - Declined Authorization
- Visa Chargeback Reason Code 62 - Counterfeit Transaction
- Visa Chargeback Reason Code 60 - Illegible Fulfillment
- Visa Chargeback Reason Code 57 - Fraudulent Multiple Transactions
- Visa Chargeback Reason Code 41 - Cancelled Recurring Transaction
- PCI Compliance - A Review of Consumer Benefits
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