Credit Card Processing

Visa Base II Fee, Settlement Network Access Fee

by Ben Dwyer

The fee Visa charges for settlement requests is referred to as a settlement network access fee or a Base II fee.

Credit card processing fees > Assessments > Visa > Base II Fee, Settlement Network Access Fee

Visa’s processing network is called the VisaNET Integrated Payment System (VIP). VIP is comprised of a number of different components including an authorization system, called Base I, and a settlement system, called Base II.

Visa charges financial institutions a small transaction fee each time they access the VIP to authorize or settle a transaction. An acquirer processing fee is charged each time an authorization request is submitted to the VIP Base I system, and a settlement network access fee is charged each time a settlement request is submitted to the VIP Base II system.

Visa does not charge merchants directly to access the VIP, but financial institutions pass Visa’s charges to merchants along with processing fees.

The fee of $0.0018 charged for settlement requests is referred to as a settlement network access fee or a Base II fee.

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Ben Dwyer

BY Ben Dwyer

Ben Dwyer began his career in the processing industry in 2003 on the sales floor for a Connecticut‐based processor. As he learned more about the inner‐workings of the industry, rampant unethical practices, and lack of assistance available to businesses, he cut ties with his employer and started a blog where he could post accurate information about credit card processing. As the blog gained in popularity, Ben began directly assisting merchants in their search for a processor. Ben believes in empowering businesses by providing access to fair, competitive pricing, accurate information, and continued support. His dedication to transparency and education has made CardFellow a staunch small business advocate in the credit card processing industry.

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