How do I read the Fees Charged section on my statement?

The Fees Charged section of your statement provides a breakdown of the fees associated with processing your payments. These fees may include card brand charges, payment network costs, compliance-related fees, and other services required to process your transactions.

Why are there so many fees?

Payment processing involves multiple parties, including card brands (such as Visa, Mastercard, and American Express), banks, and payment networks. Each fee supports a different part of the payment ecosystem: from verifying cardholder data to securely routing transactions and maintaining compliance. Such fees ensure your transactions are processed quickly, securely, and reliably.

Can I reduce these fees?

Most fees are applied by the card brands and cannot be avoided, while others, such as the PCI Non-Validation fee can be avoided by completing compliance requirements.

For more details about specific fees and opportunities to reduce charges, please refer to the FAQ articles shown below.