Card Brand Fees are buyer charges, regulated by card brands, that are available to sellers that can't use Common Fees. Card Brand Fees include:
| Name | Description |
|---|---|
| Card Surcharge Fees | A fee to charge buyers to offset the cost of processing that the seller would normally incur. |
| Card Convenience Fees | A fee to charge buyers for providing a more convenient payment channel. Convenience fees can only get charged to buyers when the seller is providing a method of payment (usually internet or over the phone) different from its standard payment channel (historically mail or in-person). |
| Card Service Fees | A fee to charge buyers that only certain MCCs are eligible to charge (specifically in the education or government industry). |
| Visa Rent Fees | A fee to charge renters for making payments to qualified landlords under the Visa Rent Program. |
These Card Brand Fees get used for various reasons depending on the transaction:
- Any fee that gets charged must fit into one of the categories above.
- Sellers can only pass one Buyer Charge per transaction (e.g., sellers can’t pass a Convenience Fee and a Rental Fee in a single transaction).
Sellers collect the funds from Buyer Charges as a part of their payout.