In addition to paying a percentage rate when accepting credit cards, there are also transaction fees. Sometimes, multiple transaction fees can be charged on the same transaction. Here is an explanation of the fees found on a merchant services or merchant processing statement.

Transaction Fees on a Credit Card Processing Statement

In addition to paying a percentage of the dollar amount of the sale, the merchant pays a transaction fee. This fee ranges from $.02 to $.45. Some processors offer a reduced transaction fee for merchants who process small ticket sales (e.g. ice cream parlor, coffee shop, doughnut shop, diners).

American Express (AMEX) is almost always separate, but often, the processor will charge a transaction fee in the range of $.10 to $.35 for AMEX transactions. American Express then bills its rates (a percentage of the sale amount) separately.

• Debitel Germany

• Banking Card Card Debit Master Stored Virtual Visa

• Atm Card Debit Machine Scam

• Accounting Debit Credit

  Learn about debits and credits for FREE. AccountingCoach.com provides clear explanations, illustrations, and drills to help you understand debits and credits. Learn the ...

• Debit Card Cash Back