Blog Archives for April of 2014

This is the Beacon Payments blog. Learn about the credit card processing and the merchant services industry. Hear about the successes of our outside sales people whose job it is to sell merchant services and sell credit card processing programs.

Visa reducing Fanf fee costs for small merchants

Published 04/18/2014

Effective April 15th Visa will be making a change to their Fanf fee schedule that will benefit merchants who run less than $1250 a month in Visa sales.  New volume tiers can potentially benefit small merchants in a big way.  For example, and online retailer who runs $1200 a month will pay $1.80 per month with the new pricing versus $7 a month under the current structure.  A client running only $200 a month will see their fee drop from $5 monthly to $0. 

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Tags: visa fanf fee