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The following fees may be charged in relation to credit processing services:

Discount Rate: “Discount Rate” shall mean a percentage of the total sales submitted to Bank for processing. The Visa, Mastercard, American Express, Discover and PayPal Discount Rate listed in the Merchant Application & Agreement applies to “Qualified Transactions” (American Express – “Tier 1”) only. If the version of the application lists a Credit Card Discount Rate (for Visa, Mastercard, American Express, Discover and PayPal) the rate shall apply to Qualified Credit Card (American Express – “Tier 1”) transactions. If the Agreement lists a Check Card Discount Rate, it will apply solely to Qualified Check Card transactions. If the Agreement lists a Credit/Check Discount Rate, the rate would apply to Qualified Transactions for both Credit Cards and Check Cards.

 

Qualified transactions are those in which an authorization was obtained electronically, the transaction was settled within the appropriate time frame, and the transaction meets all other requirements imposed by the bank card brands. Other transactions are categorized as “Mid-Qualified” or “Non-Qualified" transactions. Mid-Qualified transactions include but are not limited to those transactions where the card is affiliated with a special issuer program or did not meet requirements imposed by the bank card brands. Non-Qualified transactions include but are not limited to those transactions where the authorization was obtained by calling a voice authorization or Voice Recognition Unit (VRU) authorization number, the card is affiliated with a special issuer program, the transaction was not settled in the appropriate time frame, or the transaction did not meet the requirements imposed by the bank card brands. These “Mid-Qualified” or “Non-Qualified” transactions may be subject to increased fees and/or Discount Rate as determined by Bank.

 

Also, if you are a mail order telephone order or e-commerce MERCHANT, the bank card brands/organizations require additional data elements to be submitted as a part of the transaction record in order for the transactions to qualify for the lowest possible discount rate. Failure to submit the additional data elements or to meet all other requirements imposed by the bank card brands/organizations will result in the payment of a higher discount rate.

 

  • Account Verification Fee DS (ACCT VERF FEE DS) (charged on all account verification requests)
  • Acquirer Interchange Compliance Downgrade Fee-MC (INT COMP DWNGRD-MC) (charged on each downgraded transaction)
  • Acquirer Transaction Fee AX (ACQ TRANS FEE AX) (charged on every settled Credit sale)
  • Assessment Fee for AX (ASSESSMENT FEE-AX) (charged on settled transactions)
  • Auth Processing Fee for VS Credit (AUTH PRC CR VS) (charged on every U.S. issued card authorization)
  • Auth Processing Fee for VS DB (AUTH PRC DB VS) (charged on every U.S. issued check card authorization)
  • Auth Processing Fee for VS International Credit (AUTH PRC CR INTL VS) (charged on every international issued card authorization)
  • Auth Processing Fee for VS International DB (AUTH PRC DB INTL VS) (charged on every international issued check card authorization)
  • Assessment fee for AX (ASSESSMENT FEE AX VOL) (charged on settled transactions)
  • Base II System File Transmission Fee for VS (TRANSMISSION VS) (charged on every settled transaction)
  • Category 1 Decline International VS (CAT1 DCL VS INTL) (charged on re-attempted authorizations, after the first category 1 decline is received on a foreign card)
  • Category 1 Decline VS (CAT1 DCL VS) (charged on re-attempted authorizations, after the first category 1 decline is received)
  • Check Card Dues/Assessment-VS (DF&A VS DB VOL) (charged on settled Check Card transactions)
  • Check Dues/Assessment Fee –MC (DFA FOR MC CK VOL) (charged on settled Check Card transactions)
  • Commercial Solutions Acquiring Fee VS (COM SOL ACQ FEE-VS) (charged on all U.S. acquired commercial settled transactions)
  • Connectivity MC (CONNECTIVITY MC) (charged per settled transaction)
  • Credit Dues/Assessment Fee-MC (DFA UND1K MC CR VOL) (charged on settled Credit transactions < $1,000)
  • Credit Dues/Assessment-VS (DF&A VS CR VOL) (charged on settled Credit transactions)
  • Credential Continuity Program MC (CCP FEE MC) (charged on all non-swiped recurring payment transactions made with outdated payment credentials)
  • Cross Border Fee for MC (XBRD FOR MC VOL) (charged on foreign settled transactions)
  • Cross Border Fee for VS (XBRD FOR VS VOL) (charged on foreign settled transactions)
  • Data Quality Fee for AX (DATA QLT AX VOL) (charged on settled transactions that do not meet data quality standards)
  • Data Usage for DS (DAT USG DS TRAN) (charged on every settled transaction)
  • (DECLINE CODE MC) (charged on all non-swiped sales, when the decline reason states updated credentials required, or do not try again)
  • Digital Commerce Service Fee (DGT COM SRV FEE-VS) (charged on all card not present settled transactions)
  • Digital Enablement Fee for MC (DGT ENBL MC VOL) (charged on card not present transactions)
  • Digital Investment Fee DS (DGT INV FEE DS) (charged on the gross amount of non-swiped card sales)
  • Dues/Assessment Fee >=$1K-MC (DFA OVR1K MC CR VOL) (charged on settled Credit transactions > $1,000)
  • Dues/Assessments Fee DS (DF&A FOR DS VOL) (charged on settled transactions)
  • Estimated Auth VS (ESTIMATED AUTH VS) (charged on each estimated authorization amount)
  • Excessive Authorization Attempts (EXCESSIVE AUTH ATTEMPTS-MC) (charged per authorization after 10 previously issuer declined attempts on the same account number in a 24-hour period)
  • Excessive Authorization Declines VS (XAUTH DCL-VS) (charged on declined transaction resubmissions for the 16th & subsequent reattempts in a 30-day period)
  • Excessive Authorization Declines VS International (XAUTH DCL-VS INTL) (charged on declined transaction resubmissions for the 16th & subsequent reattempts in a 30-day period on an international issued card)
  • Fallback Fee VS (FALLBACK FEE VS) (Charged per fallback where a merchant exceeds monthly threshold of 10%)
  • Fixed Acquirer Network Fees for VS (NTWK FEE FOR VS)
  • Global Acquiring Program Fee for MC (ACQ PRG MC VOL) (charged on foreign settled transactions)
  • Inbound Fee for AX (INBOUND AX VOL) (charged on foreign settled transactions)
  • Incremental Auth VS (INCREMENTAL AUTH VS) (charged on each incremental authorization amount)
  • Installment Program Fee A MC (INSTLL-A FEE MC) (charged on every settled Installment Program A transaction)
  • Installment Program Fee B MC (INSTLL-B FEE MC) (charged on every settled Installment Program B transaction)
  • International Assessment Fee for VS (INTL FOR VS VOL) (charged on foreign settled transactions)
  • International Processing Fee for DS (INTL PRC DS VOL) (charged on foreign settled transactions)
  • International Service Fee for DS (INTL SRV DS VOL) (charged on foreign settled transactions) Access Fee for DS (ACCESS FOR DS)
  • Mail Order Telephone Order Fee MC (MOTO FEE-MC) (charged on all MOTO settled transactions)
  • Mag Stripe Data Contactless Fee (MSD CONTACTLESS FEE VS) (charged per mag stripe data contactless authorization)
  • Manual Cash Switch VS (MNL CSH SWTCH VS) (charged on each cash disbursement transaction)
  • Merchant Location Fee for MC (MER LOC FEE-MC) (charged monthly)
  • Network Acquirer Brand Usage Fee / Safety Net for MC (BRND USG FEE/SAFETY NET MC) (charged on every authorization)
  • Network Authorization Fee for DS (NETWORK AUTH FEE-DS) (charged per authoriza­tion)
  • Network Fee for MC (NTWK FEE FOR MC)
  • Nominal Authorization Fee MC (NOMINAL AUTH MC) (charged per nominal authoriza­tion reversal)
  • Non-Compliance Fee for AX (NON COMP AX VOL) (charged on settled transactions that do not comply with technical specifications)
  • Non-Settle Fee for VS (NON STL VS TRAN) (charged on approved authorizations not settled within 10 days of authorization)
  • Non-Swiped Application-initiated Transaction Fee (NONSWIPE APP INT AX VOL) (charged on digital wallet settled transactions)
  • Non-Swiped Transaction Fee for AX (NONSWIPE AX VOL) (charged on non-swiped settled transactions)
  • Pre-authorization Card Not Present MC (PRE AUTH FEE-CNP MC) (charged on approved, fully or partially, preauthorization credit card, card not present transactions)
  • Pre-authorization Card Present MC (PRE AUTH FEE-CP MC) (charged on approved, fully or partially, preauthorization credit card, card present transactions)
  • Primary Account Number Status Check-VS (PAN STATUS CHECK-VS) (charged on every domestic credit card holder account status check)
  • Primary Account Number Status Check-VS Debit (PAN STATUS CHECK-VS DB) (charged on every domestic check card holder account status check)
  • Primary Account Number Status Check-VS International (PAN STATUS CHECK-VS INTL) (charged on every foreign card holder account status check)
  • Processing Integrity Fee-Final Authorization (FNL AUTH-MC) (charged per final autho­rization not cleared within seven calendar days and/or cleared within seven days but the clearing amount differs from the authorization amount)
  • Processing Integrity Fee-Final Authorization-Minimum (FNL AUTH MIN-MC) (charged per final authorization not cleared within seven calendar days and/or cleared within seven days but the clearing amount differs from the authorization amount)
  • Processing Integrity Fee-Preauthorization (PREAUTH-MC) (charged per authorization not cleared or reversed within thirty calendar days for pre-authorizations)
  • Processing Integrity Fee-Undefined Authorization (UNDEF AUTH-MC) (charged per authorization not cleared within seven calendar days for undefined authorizations)
  • Program Continuation Fee for AX (PRG CONT FEE AX VOL) (charged on sale transactions submitted under industries with an ECV limit < $1,000,000, with charge volume in excess of $3,000,000 in a rolling 12-month period)
  • Program Integrity Fee for DS (PRG INTEGRITY FEE DS) (charged on settled transac­tions qualifying for Base Submission Level)
  • Repeat Authorization Decline Fee VS (STOP PYMT AUTH FEE VS) (charged per transaction following three previous declines by the same stop instruction)
  • TPE Advice Code MC (TPE ADV CODE MC) (charged on all authorization requests when declined with for do not try again, card is closed or is fraudulent, or cardholder cancelled agreement, do not reattempt)
  • Transaction Integrity Fee for VS (TIF FOR VS TRAN) (charged on credit, check card or prepaid card transactions that do not meet CPS qualifications)
  • Zero Floor Limit for VS (NO AUTH VS TRAN) (charged on settled transactions that can­not be matched to previously approved authorizations)
  • These fees further outlined above are passed along to the merchant and may include an additional surcharge to cover bank sponsorship fees, bank reconciliation costs and other expenses associated with transaction processing.

These fees are passed along to MERCHANT and may include an additional surcharge to cover bank sponsorship fees, bank reconciliation costs, and other expenses associated with transaction processing.

  • Access Fee for Discover (ACCESS FOR DS) may be charged monthly.
  • Address Verification Fee (AVS) will be charged on all AVS attempts.
  • Annual Fee of not less than ninety-five dollars ($95.00) per year may be charged and will be collected via ACH transfer within forty-five (45) days from the approval date of this Agreement and on the first business day of the anniversary month each year thereafter.
  • Bank Identification Number (BIN FEE VS) may be charged monthly.
  • Batch Settlement Fee will be charged on all batch settlements.
  • Breach Protection/Secure Shield/Security Pro Fee/1ST Pay Secure Fee may be charged for coverage in the event of a data compromise in connection with the Breach Protection/Secure Shield/Security Pro/1ST Pay Secure Program. This program is administered by RGS Limited, LLC. and is funded by a policy purchased from the Great American Insurance Group. Additional information regarding the terms of the program is available by going to com/BPP. RGS Limited LLC., Great American Insurance Group or Bank may modify or cancel the program at any time with or without notice.  Bank does not warrant nor guarantee the terms and conditions of, or the features of, the Breach Protection/Secure Shield/Security Pro Program.
  • Chargeback Fee (of not less than $25.00 per item) will be charged for each chargeback case worked.
  • CVV2 Auth Fee will be charged on each CVV2 authorization.
  • DDA/DBA Change Fee will be charged on any bank account change or name change on MERCHANT’s account.
  • Decline Auth Fee will be charged on each declined authorization.
  • Early Termination Fees may be charged, by service, as outlined in the Merchant Application & Agreement, and the Term; Termination section of the Merchant Processing Terms & Conditions, if applicable.*
  • Interbank Card Association Number (ICA FEE MC) may be charged monthly.
  • Merchant Benefits Package Monthly Fee may be charged if MERCHANT wishes to utilize this service. The services included and associated fees are outlined in the Merchant Application & Agreement, if applicable.
  • Monthly Funding Fee may be charged per Card Brand as a percentage of monthly settled volume for merchants utilizing monthly discount.
  • Monthly Minimum fee may be charged, and if so, applies to Visa and MasterCard transactions only.
  • Monthly Maintenance Fee will be charged for general account maintenance and online statement preparation.
  • Network Inquiry Fee may be charged at the same rate as the applicable transaction/authorization fee, for any non-card specific or non-card identifiable transmission to the host.
  • Next Day Funding Program may be charged a Rate and/or Fee as outlined in the Merchant Application & Agreement.
  • Per Item Fee may be charged on each specified settled transaction.
  • Retrieval Fee (of not less than $10.00 per item) will be charged for each retrieval requested by card issuing bank.
  • Return Draft Fee (of not less than $30.00 per item) will be charged on any items returned by MERCHANT’s bank.
  • PCI Fee may be charged in association with a PCI DSS compliance program which Bank may make available through a third-party. Bank shall have the right to charge an annual or monthly PCI fee whether or not MERCHANT participates in the program.
  • PCI Non-Compliance Fee may be charged on a frequency to be determined by Bank if MERCHANT fails to provide certification of PCI compliance and maintain an annual certificate of compliance.
  • Regulatory Compliance Fee will be charged in regards to application changes, MERCHANT notifications and other requirements resulting from changes in rules, regulations, or operating procedures, or any additional requirement imposed by any federal or state governmental agency or regulatory authority.
  • Transaction/Authorization Fee may be charged on each transaction attempted whether approved or declined, and whether or not the sale was actually charged.
  • Voice Authorization Fee (VA) (of not less than $0.95 per request) will be charged on each requested voice authorization.
  • Wireless Activation/Re-Activation Fee and Wireless Monthly Access Fee may be charged for use of wireless terminals, and are outlined in the Merchant Application & Agreement, if applicable.
  • MERCHANT understands and agrees that Bank reserves the right to assess any associated fees not previously specified in the "Fees Section" of the Merchant Application & Agreement that are billed to Bank as a result of the device(s) or software used by MERCHANT communicating with any third party host.

*[ARKANSAS MERCHANTS - early termination fee is fifty dollars ($50.00)].

Equipment supplies provided shall consist of (i) replacement of printer receipt paper and (ii) replacement of receipt printer ribbons only. Supplies provided are intended for use with Bank processing services only and Bank reserves the right to limit quantities based upon MERCHANT transaction history. Bank shall charge a shipping fee of not less than nine dollars ($9.00) plus applicable tax for each supply request. Additional fees will apply to orders above the standard quantities established by Bank.

Bank shall charge a fee not less than seventy-five dollars ($75.00) for shipping and handling on equipment exchanges or swaps and a fee not less than one-hundred seventy-five dollars ($175.00) for all premium equipment, including but not limited to, all wireless equipment and select check imagers. MERCHANT is required to return all defective equipment replaced by Bank to Bank. Bank may assess a restocking fee of not less than fifty dollars ($50.00) on all returned equipment. If equipment is not returned, Bank, at its sole discretion, may assess a fee for each piece of equipment not returned, including but not limited to, all wireless equipment and select check imagers. Bank reserves the right to assess a fee, to be determined by Bank, for equipment upgrades when compatible equipment is not available or when MERCHANT’s existing equipment is obsolete or no longer supported by Bank.

POS Terminals may be made available for use by MERCHANT free of charge ("complimentary equipment"), at Bank's option. MERCHANT is required to return all complimentary equipment at the termination of the processing agreement with Bank. Failure to return the complimentary equipment may result in Bank assessing a fee for each piece of equipment not returned, including but not limited to wireless equipment and check imagers.

Bank shall have the right to adjust charges as necessary to offset any direct or indirect cost to Bank associated with providing services hereunder including, but not limited to, costs associated with collection and administration of chargebacks, fees charged by Visa, MasterCard, American Express, Discover, or PayPal, fees charged by other providers in processing, increases in the cost of living index or changes in rules, regulations, or operating procedures of Visa, MasterCard, American Express, Discover and PayPal or other applicable bank card brand/organization, charges for changes to MERCHANT accounts or information, adjustments in foreign exchange rates, or any additional requirement imposed by any federal or state governmental agency or regulatory authority, or due to any increases in communication costs charged to Bank by common carriers. Such charges shall, without prior notice, become effective as of the date of change. Upon any request from MERCHANT for copies of file information, account research, or other information, Bank may charge fees for such services, including per hour fees as determined by Bank. Without limiting the foregoing, Bank shall have the absolute and unconditional right to introduce new fees and increase Discount Rates, Transaction Fees, Authorization Fees, Per Item Fees, Statement Fees, Access Fees, Monthly Minimums, DF&A and any other fees for any reason when deemed appropriate in Bank’s sole discretion. Notice of changes will be available thirty days prior to the implementation on FirstView.