My Merchant Account Blog
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DDA Change Fee
Monday, June 20, 2011
A DDA (demand-deposit account, or merchant checking account) fee is charged when the merchant bank account is changed; the charge will usually take place before the change. This fee is typically $15.00 - $25.00 and often will not appear on the monthly processing statement of the account. Check with your bank to learn the exact fee structure before making the change.
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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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