Fee Disclosures

These fees are passed along to MERCHANT and may include an additional surcharge to cover bank sponsorship fees, bank reconciliation costs, and other expenses associated with transaction processing.

• Account Minimum Fee may be charged, and if so, applies to Visa, MasterCard, Discover, & American Express transactions only.
• Address Verification Service Fee (AVS) may be charged on transactions for all Card Brands on which the AVS service is utilized.
• Annual Membership Fee may be charged.
• Authorization Fee may be charged on each transaction attempted whether approved or declined, and whether or not the sale was actually charged.
• Batch Settlement Fee may be charged on all batch settlements.
• Early Termination Fees may be charged, by service, as outlined in the Merchant Application & Agreement, and the Term; Termination section of the Merchant Processing Terms & Conditions, if applicable.*
• Monthly Maintenance Fee may be charged for general account maintenance and online statement preparation.
• Network Inquiry Fee may be charged at the same rate as the applicable authorization fee, for any non-card specific or non-card identifiable transmission to the host.
• Next Day Funding Program may be charged a Rate and/or Fee as outlined in the Merchant Application & Agreement.
• PCI Fee may be charged in association with a PCI DSS compliance program which Bank may make available through a third-party.  Bank shall have the right to charge an annual or monthly PCI fee whether or not MERCHANT participates in the program.
• PCI Non-Compliance Fee may be charged on a frequency to be determined by Bank if MERCHANT fails to provide certification of PCI compliance, and maintain an annual certificate of compliance.
• Regulatory Product Fee will be charged in regards to application changes, MERCHANT notifications and other requirements resulting from changes in rules, regulations, or operating procedures, or any additional requirement imposed by any federal or state governmental agency or regulatory authority.
• Transaction Fee may be charged on each specified settled transaction.
• Additionally, the following fees may be charged:  Monthly Statement Fee, Terminal Service Fee, Internet Service Fee, Monthly Report Fee, Monthly Service Charge, Monthly Access Fee, Stored Value Monthly Fee, Help Desk Fee, and Private Label Auth Fee.
• Additional fees are charged for use of Wireless terminals.  These fees include “Wireless Activation/Reactivation Fee” and “Wireless Comm Monthly Fee”, and are outlined in the Merchant Application & Agreement, if applicable. The services included and associated fees are outlined in the Merchant Application & Agreement, if applicable. Wireless “Monthly Access Fee” includes 1MB of wireless data per wireless SIM card. Data utilized in excess of the 1MB allowance on an individual SIM card in a given month may be charged at the rate of $3.00 per MB.  Limits on monthly maximum data may be set for individual SIMs at BANK’s discretion.  Using wireless service for application downloads could result in overage fees and/or SIM deactivation due to reaching the maximum data limit.
• ADDITIONAL SERVICES:  MERCHANT should also review the Merchant Application & Agreement and Merchant Processing Terms & Conditions for fees charged for additional services utilized by MERCHANT, including but not limited to Debit, SecurChex, FirstPay.net, 1stPayMobile, 1stPayPOS and FirstAdvantage Gift/Loyalty.
• COMPLIANCE RELATED FEES:  MERCHANT agrees to comply with all security standards and guidelines that may be published from time to time by any card brand or organization, including, without limitation, the Payment Card Industry Data Security Standards (“PCIDSS”), the Visa Cardholder Information Security Program (“CISP”) the MasterCard Site Data Protection program (“SDP”), the Discover-Security Requirements and the American Express® Data Security Operating Policy - United States (“DSOP”) (collectively, the “Security Guidelines”).
• NON-RECURRING FEES:  MERCHANT further understands that Bank will assess Non-Recurring Fees when applicable, as set forth in this paragraph.  Bank will assess MERCHANT a fee as well as administrative costs as determined by Bank for each chargeback through ACH, including but not limited to the following:  “Retrieval Fee” (per item), “Chargeback Fee” (per item), “ACH Fee” (per item), and “ACH Reject Fee” (per item).  Additionally, MERCHANT shall be responsible for other fees including a “Voice Authorization Fee” (per request).
• MERCHANT understands and agrees that Bank reserves the right to assess any associated fees not previously specified in the "Fees Section" of the Merchant Application & Agreement that are billed to Bank as a result of the device(s) or software used by MERCHANT communicating with any third party host.

 *[ARKANSAS MERCHANTS - early termination fee is fifty dollars ($50.00)].

POS RELATED FEES: Equipment supplies provided shall consist of (i) replacement of printer receipt paper and (ii) replacement of receipt printer ribbons only. Supplies provided are intended for use with Bank processing services only and Bank reserves the right to limit quantities based upon MERCHANT transaction history.

POS Terminal replacement services shall consist of replacement or repair, at Bank's option, of MERCHANT's processing equipment (terminal, printer, pinpad or check reader.) Bank will perform this service if (i) MERCHANT has honored and paid all amounts owed to Bank including, but not limited to, all amounts owed for Chargebacks and ACH rejects, (ii) the equipment has been verified to be in working order with Bank (verification of this shall occur by MERCHANT submitting a transaction to Bank using the equipment that is being requested to be replaced). Bank, at its option, may use refurbished equipment for replacement and at Bank's sole discretion may substitute comparable equipment. Bank shall charge a shipping fee of not less than seven dollars and twenty-five cents ($7.25) plus applicable tax for each supply request. Additional fees will apply to orders above the standard quantities established by Bank. Bank shall charge a fee not less than seventy-five dollars ($75.00) for shipping and handling on equipment exchanges or swaps and a fee not less than one-hundred seventy-five dollars ($175.00) for all premium equipment, including but not limited to, all wireless equipment and select check imagers. MERCHANT is required to return all defective equipment replaced by Bank to Bank. Bank may assess a restocking fee of not less than fifty dollars ($50.00) on all returned equipment. If equipment is not returned, Bank, at its sole discretion, may assess a fee of not less than five-hundred dollars ($500.00) for each piece of equipment not returned and a fee of not less than nine-hundred fifty dollars ($950.00) for each piece of premium equipment not returned, including but not limited to, all wireless equipment and select check imagers. Bank reserves the right to assess a fee, to be determined by Bank, for equipment upgrades when compatible equipment is not available or when MERCHANT’s existing equipment is obsolete or no longer supported by Bank.

POS Terminals may be made available for use by MERCHANT free of charge ("complimentary equipment"), at Bank's option. MERCHANT is required to return all complimentary equipment at the termination of the processing agreement with Bank. Failure to return the complimentary equipment may result in Bank assessing a fee of not less than five-hundred dollars ($500.00) for each piece of equipment not returned and a fee of not less than nine-hundred fifty dollars ($950.00) for each piece of premium equipment not returned, including but not limited to wireless equipment and check imagers.

Bank shall have the right to adjust charges as necessary to offset any direct or indirect cost to Bank associated with providing services hereunder including, but not limited to, costs associated with collection and administration of chargebacks, fees charged by Visa, Mastercard, American Express, or Discover fees charged by other providers in processing, increases in the cost of living index or changes in rules, regulations, or operating procedures of Visa, Mastercard, American Express and Discover or other applicable bank card brand/organization, charges for changes to merchant accounts or information, adjustments in foreign exchange rates, or any additional requirement imposed by any federal or state governmental agency or regulatory authority, or due to any increases in communication costs charged to Bank by common carriers. Such charges shall, without prior notice, become effective as of the date of change. Upon any request from MERCHANT for copies of file information, account research, or other information, Bank may charge fees for such services, including per hour fees as determined by Bank. Without limiting the foregoing, Bank shall have the absolute and unconditional right to introduce new fees and increase Discount Rates, Transaction Fees, Authorization Fees, Per Item Fees, Statement Fees, Access Fees, Monthly Minimums, DF&A and any other fees for any reason when deemed appropriate in Bank’s sole discretion. Said changes will be available thirty days prior to the implementation at www.firstview.net.