Batch Fee Definition

Merchant Account Batch Fee Explained:

What is a Batch Fee? A “batch” is the total dollar amount of credit card sales charged in a single business day that will be deposited into a business owner’s checking account. Instead of business owners getting a deposit for every credit card sale, the sales are “batched” together into one overall deposit. Batch amounts are typically transferred and deposited within 48 hours. Generally, merchants must settle batches manually but some credit card systems can automatically settle daily batches at preset intervals. Typically, batches must be settled every 24 hours or else all the transactions of the batch will be charged the maximum transaction fees no matter which pricing tier each transaction fell into originally. Batch fees usually cost around 15 – 25 cents per batch and vary by processor. Other known name variations for “Batch Fee” are: Batch Capture Fee, Batch Header Fee, Batch Settlement Fee or Daily Closeout Fee.

Thank you for reading my review. I hope that it has helped you with your research.

My Qualifications

I'm a former credit card processing sales director who left the industry to start my own a small business. From the time that I starting working in the merchant services industry to when I left to write about it, I've been on the pulse of payments for nearly 15 years. It didn't seem fair to keep this insider knowledge to myself, so decided to build this website to help you research which providers to use and how to save money on rates and fees. I've reviewed hundreds of companies, read thousands of user reviews, and learned the pricing tricks of every provider. If you have questions about credit card processing, you can find the answers here. Simply scroll to the top of the page to find the search bar. You can also message me if you need any guidance.

Need help understanding your rates and fees? Submit a recent statement and I'll take a look at it for free.

Submit a Statement

  • Accepted file types: jpg, png, pdf, xls, xlsx.

No Reviews Yet Leave Your Review Below

Leave a Review

Your email address will not be published. Required fields are marked *

Please do not use profanity or ALL CAPITAL LETTERS in your review. Reviews must provide a detailed account of your experience. By submitting a review or comment to CPO, you are agreeing to our Comment Policy.