should usage fee that’s for mastercard that too is about two cents discover calls it an access beam so when you think about it the basis points in the additional two cents that’s above interchange but it’s part
of the additional fees that are Adelaide Tax Accountant going to be charged to the merchant and once again it helps them continue to be profitable to a lessen the risk and the fraud that might be committed and that helps them continue on so really these are branding fees so if you pull out a Visa card you’re going to get that dude’s assessments and that couple penny AP fe if you pull out a mastercard they’re going to get that basis points of assessments in that two cents
for that fee and then cross-border fees so if you travel out of the country and you use your card in Italy Spain Europe something like that you might be charged an additional fee cross-border fee from your issuer for that card with the merchants where you use those cards we’ll also pay between and basis points and cross-border fees so if someone comes to the United States from Japan on business they use their cards at a local area near airports and restaurants things like that they’ll happily take those cards however
when everything settles through the end of the month and they realize that that United States networks had to touch and shake hands with the Japanese networks to continue to move that money through their banking system that’s what those cross-border fees an additional basis points help pay for then we have the fa NF fixed acquired network feed this is an annual fee paid by merchants and it could be as little as five bucks it could be you know as high as a few hundred bucks or more it’s really tight into the volume
that the merchants are processing in a given month so the communication fee so here on our statements of economic communication fee so who gets that well that’s going to be we’re going to collect that and that’s going to help pay for some of the movement of the money so there’s networks think about highways and freeways to get from one place to the other with our credit