typical credit card transaction fees
The Two Components of a Credit/Debit Card Transaction. Each time you process a credit or debit card transaction through your merchant account, you are charged an inquiry fee and a percentage of the total transaction.The inquiry fee is a flat amount, typically between 20 cents and 35 cents.The percentage charged, is typically called your credit card rate and it is variable based on the type of transaction and the type of card used.he Two Components of a Credit/Debit Card Transaction. Each time you process a credit or debit card transaction through your merchant account, you are charged an inquiry fee and a percentage of the total transaction.