| Rate and Fee Definition Chart |
| Interchange |
This is paid to your customers credit card company |
| Dues and Assessments |
This is paid to Visa and MasterCard; .0925% Visa/ .095% MasterCard |
| Transaction fee |
This is paid per Fremont credit card transaction |
| Avs fee |
Address Verification System; Matches customer address with CC #, waivable with referral |
| Batch Header fee |
This sends the batch of credit card money, in your merchant credit card terminal, to your checking account (once daily) |
| Amex fee |
This is for American Express transactions only |
| Statement fee |
This is for your monthly statement or the ability to view your charges online |
| Annual fee |
This charged once per year, waivable with referral |
| Retreival fee |
This is only charged in the event your customer Issuing Bank requests a copy of a reciept |
| Chargeback fee |
This is only charged in the event you lose a Chargeback |
| ATM transaction fee |
This is only charged on Pin-based Debit Card transactions |
| Monthly minimum |
You pay the greater of all your fees collectively or this fee, waivable with referral |
| Cancellation fee |
The agreement is 3 years, waivable with referral |
