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Cost of A Credit Card Authorization
We use Merchant E-Solutions for all of our credit card processing needs...
What I am trying to figure out is what is the cost of an authorization?
Is it the gateway fee + the authorization fee? Currently $.10 +$.25 or only $.35?
The reason I'm asking is we have a line of products that cannot be shipped outside of the U.S. and I can't block all overseas orders just because of one vendor's restrictions.
So we get web orders and we have to then cancel them. If the cost is $.35 it doesn't warrant paying someone $1000-$3000 to write a script to catch these orders. We are talking about 1-3 orders per week ($1.05)...
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