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What is clerical fee?
A clerical fee is a charge typically imposed by a business or organization for administrative processing tasks, such as document handling, data entry, or record keeping. It is a fee for the manual labor associated with processing paperwork or performing administrative duties.
When is an AVS Fee charged on a merchant account?
The AVS fee (address verification service) is usually charged on a per transaction basis, usually immediately. Not all credit card processing companies charge this fee but some unscrupulous CC processing companies that do are not upfront about this fee and charge it in addition to the per transaction fee. For more info on accepting credit cards you can check out www.AcceptingCreditCards.info
When is AVS fee charged on merchant account?
Depends of the the Credit Card Processor as not all Merchant Account Providers charge this fee. The AVS fee (address verification service) is usually charged on a per transaction basis, usually immediately. Not all credit card processing companies charge this fee but some unscrupulous CC processing companies that do are not upfront about this fee and charge it in addition to the per transaction fee. For more info on accepting credit cards you can check out www.AcceptingCreditCards.info
Does most ecommerce charge fees for credit card processing?
All credit card companies charge a merchant fee, whether the card is used in e-commerce or POS. The rate of the fee is often negotiable with the lender, depending on the sale volume of the merchant.
Is it legal for merchants in Alabama to charge a credit card processing fee?
No.
Do debt settlement companies usually charge a fee?
Yes, debt settlement companies usually charge a fee. Nothing in this world is free so a debt settlement company does charge. Even though it is ironic it is true.
Is it legal to charge customers a processing fee for using credit card in a restaurant?
Yes .
Will merchant receive fee adjustment on credit card refunds?
With most processing banks, the answer is NO, worse yet some processing banks charge a fee for the refund, as well as the original transaction.
Do legitimate loan companies charge a fee for a loan?
No, they do not. Such that do are refered to as "advance fee" scams. Best avoided.
What is a fair fee to pay to debt settlement companies?
My opinion is that the fairest price would be $0, but I think you mean market rates. Most services will charge an administrative fee to set up your account. This can be as much as $1000. Additionally, you'll be charged a service fee each month based on the size of your debt.
What is a typical interchange fee for retail credit card processing?
The fee amoutn will vary depending on the processor. An charge in the amount of 1.5% is average.
Is there an extra fee for buying stocks online?
Buying stocks online may incur a small stockbroking fee as some companies charge for the buying/selling and trading of stocks. But there are some companies that do not charge for these services.
