Payment Processing Forums & Credit Card Processors Discussion Board

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-   -   Chargeback Fees (http://paymentprocessing.cc/showthread.php?t=5496)

diy-day 03-06-2011 03:27 PM

Chargeback Fees
 
Does anyone know where I can get an itemized, complete, and up-to-date list of the fees different credit card processors charge? I tried certain search engines (which I won't mention) with less than satisfactory results...

MagicPay 07-22-2014 12:50 AM

Each merchant services company / sales agent for credit card processing, can charge any fee they want. Their buyrate is usually around the $19.00, some companies buy rates are as low as $7.00 but others, in high risk industries may be as high as $39.00 so they have to upcharge it in order to make a profit obviously.

The average chargeback fee is $25, I think this is the most common selling value of chargebacks around. And I've seen dozens of merchant applications as this is what I do for my work.


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