What
is a statement fee?
- by Jeff Cohen
@ iMerchantNetwork.com
This merchant fee may be called a Statement Fee, Maintenance
Fee or Account Fee.
In any case, this
fee is for preparing and providing you (the merchant) a
comprehensive monthly merchant statement detailing
all transactions processed.
Typical statement fees can range from $5 - $10 per month.
If a merchant conducts a large number of transactions, this
fee is usually dropped.
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