How do I get a complete Fees Disclosure from a Merchant Account Provider or 3rd Party Processor?
In many states it is a legal requirement for the Merchant Account Provider to provide a Schedule of Fees to the merchant as a part of the merchant agreement. You can and should ask each provider for a complete Fee Disclosure before signing any committment or making an on-line agreement. Be sure to print and copy any pages on the website that include fees and agreement details. Since these rates can be changed, you need to read the fine print regarding notification of fee changes.
