My Merchant Account Blog

NSF Charge

Friday, March 11, 2011

Credit card processors will charge a fee if a card is rejected, i.e., the amount of the charge was unable to be collected by the processor.  This fee is generally $25, but that does not include any fee your bank may charge. When this happens, merchant account providers typically will hold future batches until the money they are owed is collected; this can mean financial trouble down the line for the merchant, especially considering an electronic payment can be presented up to three times (unlike a paper check, which can only be presented twice) for collection.

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