Knowing the merchant account fees and rates will enable you to identify which the best service or account provider suit for you business. Therefore, you have to understand the numerous merchant account fees such Discount rate, Transaction fees, PIN Debit transaction fees, Address Verification Service Transaction Fee, Daily Batch Fee, Monthly statement fee, The Internet Gateway Fee, Voice authorization fee, Monthly Minimum Fee, Surcharge fee, Programming/Reprogramming fees, and Cancellation fee. In some case, there are hidden fees that merchants are not aware. keep learning! yay