Annual fee - An annual fee is a flat rate charged yearly to manage a merchant services partnership account that can cost you from $50 to $195 per year.

Batch fee - Whenever you settle your transactions or when your transactions are closed out for the day and the amount is transferred to your business account you may be charged for this in the sum of $.05 to $0.50 per day. With 352 days in a year this could add a charge to you from $17.60 to $176 a year.

Programming fee - When you get your terminal programmed some companies may charge a fee of up to $295 or higher.

Reprogramming fee - If your equipment needs to be reprogrammed by the provider or if you switch your merchant account provider this fee can run up to $150. How many times might your equipment have to be reprogrammed each year? Even if it is only once that is another amount taken out of your business.