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Category: Payment Processing
Retrieval Fee
A retrieval fee is charged when a customer or the customer’s issuing bank requests a copy of a sales draft in order to verify a transaction. This is called a retrieval request, ...
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Annual Administrative Fee
Accepting cards has hidden costs. A $24 annual administrative fee can be your clue. It points to two parts of pricing: wholesale (interchange + assessments, non-negotiable) and m...
Read MoreBatch Close Fee
Payment processors charge a fee each time a terminal with transactions is settled, or batched out. This fee varies from processor to processor, Host Merchant Services charges me...
Read MorePer Item Fee
Payment processors charge a Per Item Fee for each transaction a merchant processes. Along with the Discount Rate, the Per Item Fee is part of the ‘Plus’ of the Interchange ...
Read MoreDiscount Rate
Payment processors charge a type of fee called a discount rate, for each transaction processed. Using an Interchange Plus pricing model, the discount rate is consid...
Read MoreInternet Gateway Fee
Host Merchant Services offers one of the most affordable gateways with its processing services. The HMS Internet Gateway Fee amounts to $5 per month. This allows a merc...
Read MorePCI Compliance Fee
Host Merchant Services knows that your business needs secure transactions to function. And we’re here to make the process of PCI Compliance easy, understandable and consist...
Read MoreHMS Monthly Statement Fee
Host Merchant Services charges a $10 per month Statement Fee. Also known as an Account On File Fee, this is charged to cover the costs associated with mailing out a paper stat...
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How Credit Card Processing Works
Credit Card Processing Host Merchant Services can guarantee its customers savings at the lowest rates possible. By understanding how credit card processing works, where the ...
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