Information regarding VISA Fixed Acquirer Network Fees for Charitable Social Service Organizations. First Data received the first set of VISA Fixed Acquirer Network Fee (FANF) rebates for qualified Charitable Social Service Organizations merchants. These rebates are for the October 2013 thru June 2014 time period.
Both the clients and merchants will receive credits for the cost billed during the above time period as applicable. Visa will provide a quarterly FANF billing rebate to acquirers for eligible Charitable and Social Service Organizations (MCC 8398) who meet specific requirements.