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What is the MasterCard per location fee?

Why am I being charged an annual per location fee?

MasterCard introduced a Per Merchant Location Fee in 2016. This per location fee for 2016 will appear on your April 2017 statement as MASTERCARD
ANNUAL FEE in the amount of $18. 

Moving forward, the per location fee will be assessed as a monthly fee starting in May 2017 at a rate of $1.50 per month.**

Exclusions of this fee include merchants with less than $200 USD per month in MasterCard volume and merchants with MCC 8398 or 8661**

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