Authorization Fee is a cost associated with Payment processing that can be shifted from the Shop owner to the purchasing Customer. It’s an option that allows for the distribution of Transaction costs between the Merchant and the Customer.
Here are the key points about Authorization Fee (AF):
Cost Distribution: Authorization Fee allows for the transfer of part or all of the Payment processing costs from the company or Merchant to the Customer. This can help balance Transaction costs between the parties.
Availability of Various Payment Methods: Thanks to the Authorization Fee, Merchants can continue to offer Customers high-cost Payment methods without burdening their budget with Transaction fees.
Price Transparency: With the Authorization Fee, the Customer is aware of the costs associated with Payment processing, which can contribute to greater price transparency in the Shop.
No Additional Settlements: By enabling the Authorization Fee in your plan, you don’t need to reconcile your company with the commissions charged by ZEN.COM
