Gross vs Net Settlment
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