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Credit card processing fees and related bank fees and discounts will be charged assessed against the main MAP General Ledger account associated with the store based on the chart shown below. (These fees are subject to change.) (When completing the store request form, you can specify which GL account should be charged the fees.) When WVU is invoiced, the total fees will be prorated to each department based on their total sales for the period.

Please note that for the non-American Express cards, there is also a 15 cent fee per individual transaction.

If a transaction is refunded on the same day as the purchase (before 10 pm), a credit card fee will not be assessed. However, transactions refunded on subsequent days will still have a fee assessed, even though the refund means the store did not receive income for the product or service.

Example: If the transaction was a product purchased with a Visa card for $120, the credit card fee for that purchase would total $2.19 (2.04 + .15). Store managers can build this cost into the price of their products ahead of time since they will not be able to charge the customers a credit card fee separately; to ensure the correct calculation of taxes, product prices should be an integer value.

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