What is a set-up fee?
A set-up fee is a one time charge applied when a merchant account or payment service is first established.
What does a set-up fee cover?
It may cover onboarding, system configuration, compliance checks, and integration support.
Do all providers charge set-up fees?
No. Some providers waive them to attract new customers, while others include them as part of their pricing structure.
How does a set-up fee affect merchants?
It increases initial costs but does not impact ongoing transaction expenses.
Can set-up fees be negotiated?
In many cases, yes. Merchants can negotiate or compare providers to find more favourable terms.