What fees make up the average cost of acceptance that appears on the statement?
Merchant service fees for each card type make up the average cost of acceptance.
Other fees where applicable include:
- terminal rental
- annual fee
- MOTO fee
- chargeback fee
- EFTPOS paper roll fees
- virtual POS monthly fees.
These fees will be apportioned across each of the card types, based on each card type’s proportion of the total value of transactions.