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