If you’ve ever run a small business—even just a weekend pop-up—you know those credit card processing fees can be downright confusing. It’s one of those hidden costs that quietly eat into your profits. Most business owners don’t even know it exists, but if you accept credit cards, chances are you’re...
What Is FANF Fee? Where the FANF Fee Appears on Merchant Statements?
The Fixed Acquirer Network Fee (FANF) is a monthly fee imposed by Visa on merchants that accept Visa card payments. Introduced in 2012, FANF helps maintain Visa’s payment infrastructure and varies based on transaction type, sales volume, and business size. Card-present transactions are billed per location, while card-not-present fees depend...