Transaction Expert

What is the Authorization Fee on a Merchant Statement?


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Many times on your statement you’ll see the term “authorization fee” or “auth fee.” This is the charge to authorize each individual transaction. After you swipe the card, enter the amount, and hit “enter”on a credit card transaction, there must be authorization before the transaction is complete. The transaction will travel over the Visa, Mastercard, or […]
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Transaction ExpertBy Transaction Expert