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FIXED ACQUIRER NETWORK FEE
Visa imposes a monthly fixed acquirer network fee (FANF) on all businesses that accept Visa cards. The cost of this fee is calculated based on a number of different factors including sales volume, business location, and processing methods.
MONTHLY VISA FAN Fee - CARD PRESENT ENVIRONMENTS
TIERS 1-18 (FEE IS PER LOCATION)
Tier 1
$2.00
Number of locations: 1
Tier 2
$2.00
Number of locations: 2
Tier 3
$2.00
Number of locations: 3
Tier 4
$2.90
Number of locations: 4
Tier 5
$2.90
Number of locations: 5
Tier 6
$2.90
Number of locations: 6 - 10
Tier 7
$4.00
Number of locations: 11 - 20
Tier 8
$4.00
Number of locations: 21 - 50
Tier 9
$6.00
Number of locations: 51 - 100
Tier 10
$8.00
Number of locations: 101 - 150
Tier 11
$10.00
Number of locations: 151 - 200
Tier 12
$14.00
Number of locations: 201 - 250
Tier 13
$24.00
Number of locations: 251 - 500
Tier 14
$32.00
Number of locations: 501 - 1,000
Tier 15
$40.00
Number of locations: 1,001 - 1,500
Tier 16
$50.00
Number of locations: 1,501 - 2,000
Tier 17
$60.00
Number of locations: 2,001 - 4,000
Tier 18
$65.00
Number of locations: 4,001 +
MONTHLY VISA FAN FEE - CARD NOT PRESENT ENVIRONMENTS
TIERS 1-15 (FEE IS BASED ON VOLUME)
Tier 1
$0.00
Less Than or Equal to $199.99
Tier 2
0.15%
$200.00 - $1,249.99
Tier 3
$7.00
$1,250.00 - $3,999.99
Tier 4
$9.00
$4,000.00 - $7,999.99
Tier 5
$15.00
$8,000.00 - $39,999.99
Tier 6
$45.00
$40,000.00 - $199,999.99
Tier 7
$160.00
$200,000.00 - $799,999.99
Tier 8
$450.00
$800,000.00 - $1,999,999.99
Tier 9
$1,000.00
$2,000,000.00 - $3,999,999.99
Tier 10
$2,000.00
$4,000,000.00 - $7,999,999.99
Tier 11
$4,000.00
$8,000,000.00 - $19,999,999.99
Tier 12
$8,000.00
$20,000,000.00 - $39,999,999.99
Tier 13
$16,000.00
$40,000,000.00 - $79,999,999.99
Tier 14
$45,000.00
$80,000,000.00 - $399,999,999.99
Tier 15
$70,000.00
Greater Than or Equal to $400,000,000.00
Velocity Processing is a registered Independent Sales Organization (ISO) / Member Service Provider (MSP) of Elavon, Inc. Georgia, a wholly owned subsidiary of U.S. Bancorp, Minneapolis, MN. Elavon has been processing electronic payments for 35 years and maintains an "A+" rating with the Better Business Bureau.
"Visa", "MasterCard", "American Express", "Discover", "OptBlue", "Apple Pay", "VeriFone", "ARB", "CIM", "PulsePoint", "Global Learning Lab", and "CardX" are trademarks and/or service marks of their respective owners.