Fees: How often are the merchant processing fees charged to me?

Each day that you process payments, you will receive the full deposit (minus any refunds). The merchant processing fees will be debited from your bank account the first week of the following month.

• For example, January processing fees will be debited from your bank account the first week of February. February processing fees will be debited from your bank account the first week of March, etc.

Merchant fees are also charged per merchant account. If you have all 3 merchant accounts with us (MOTO, EFT, and RETAIL), you will see the fees debited separately from your bank account for each of your merchant accounts.

• For example, there will be one merchant fee debited for all of your MOTO transactions from last month (listed as "Bankcard Merchant" on your bank account) and one merchant fee debited for all of your RETAIL transactions for last month (also listed as "Bankcard Merchant" on your bank account). EFT fees can be debited in smaller individual amounts, therefore you may see several smaller fees related to EFT (listed as "Paya Month End").

To view your MOTO, EFT, and RETAIL merchant processing statements (which provide a detailed breakdown of each of your merchant processing fees), click HERE.