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What is the Batch Fee?

batch fee
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What is the Batch Fee?

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The batch fee is commonly a fee the merchants pay each time a terminal is settled. This is also known as batching and involves the merchant sending the bank their finished transactions of the day for the purpose of payment. Many of the providers do this immediately. With MasterCard and Visa it is important to do at least one batch a day or they will charge more.

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