Save At Every Step In Payment Processing Fees

When you discuss about payment processing industry, there are high chances that you will be charged more. Although some fees are legitimate, there are a lot of aspects on which you can save!

We bring to you a list of charges that are generally associated with payment gateway providers. Here are the charges:

1. Cancelation Fees

When you are in contract with merchant account and payment gateway, you will have to commit and if you break the contract midway, there will be a charge associated with it.

2. Chargeback Fees

There is generally 0.1% charge associated with every transaction made, known as chargeback fees.

3. Gateway Fees

The gateway will process credit card charges on your behalf on the client’s account and will charge you a fee for the same.

4. Monthly Minimum Fees

There is a monthly minimum fee associated with your account, which will be waived off if your transaction value is more than a threshold.

5. Statement Fees

There is a statement fee charged by all payment service providers, which should be reasonable.

We, at UniPay gateway, can assist you with everything and address all your needs. Get in touch with us now! 

Full version of this article can be found on #UniPayGateway.