Does the merchant processing fees differ depending on whether you choose gross vs net settlement?
Hey Sandra, that is a good question but unfortunately I’m not sure. I recommend that you contact your merchant and see what they have to say. In my experience, the settlement (gross vs net) does not generally have an impact on the fees but then again I can’t speak for all merchants.
Best of luck,
Crystalynn Shelton, CPA
You must be logged in to reply to this topic.
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.