![]() Additionally, rates are adjusted throughout the year. Understanding these fees can be complicated because the payment brands do not have one set rate that applies to every industry and/or every type of transaction. Fulton Financial passes these card brand fees to our merchants to the best of our processing system capabilities. In addition to these fees, the payment brands may charge various assessment fees associated with the costs of managing their networks, the complexity of data being transmitted, the risks to the transactions, etc. These fees cover the cost to issuing banks for offering lines of credit and fraud mitigation and are also tied to the level of risk for that transaction the lower the risk, the lower the rate will be. Visa ®, Mastercard ®, Discover ®, and American Express ® assess fees when a debit or credit card transaction is passed from a merchant through the payment brand to the card issuer. Learn more about updated fee descriptors on your new merchant statement (PDF). Updated Fee DescriptionsĪs noted in the statement message from your October merchant statement, some fee descriptions will be changing with your new statement starting with your November month-end statement. If you have any questions regarding access to FirstView or your PCI DSS Compliance validation, please contact our Merchant Support group at 88. We have partnered with our merchant processor, Fitech by Deluxe, to provide you with an easy to use PCI DSS (Payment Card Industry Data Security Standard) certification service, accessible through our online reporting solution, FirstView. If you have questions about your Merchant Agreement with Fulton Bank, view a PDF of your agreement.Īt Fulton Merchant Card Services, we are committed to providing you with leading products and services to help you maintain the security of sensitive customer information and reduce the risk of a data compromise. ![]() Up-to-date information on fees, technology requirements, and your Merchant agreement.
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