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.
Visa reducing Fanf fee costs for small merchants
Published 04/18/2014