What are “Credit Card Assessment Fees”?

Assessment fees are a very small flat rate percentage that applies to the total monthly volume on a specific type of card.

If you’re using Stripe (our default plan after January 3rd, 2014), you won’t be billed for any credit card assessment fees.

If you’re using Merchant Focus + Authorize.Net (our default plan prior to January 3rd, 2014), these fees are called out separately on your billing statement. Currently, assessment fees are:

• Visa 0.11%
• Mastercard < $1000 monthly volume: 0.11%
• Mastercard >= $1000 monthly volume: 0.13%
• Discover 0.105%

If you have an existing merchant account, you will need to check with your provider.