We are being accessed a monthly Visa FANF Fee. What is this?

Synopsis
You are being charged a monthly Visa FANF Fee and want to know what it is.

Solution
Visa introduced the Fixed Acquirer Network Fee (FANF) in April 2012. This is a monthly fee that is assessed on all merchants that accept Visa's credit and debit cards. Please see this PDF for more information on the fee and how Visa determines the fee.

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