Meaning Authorization Fee
What does Authorization Fee mean? Here you find 2 meanings of the word Authorization Fee. You can also add a definition of Authorization Fee yourself
1 |
0
0
Authorization FeeThis is also called a transaction fee. This is the amount charged to a merchant account each time a communication happens between the software or point-of-sale terminal and the authorizing network. The communication can occur either over a dial up telephone line, leased line, or an Internet IP line. In all cases, each time the merchant communicates [..]
|
2 |
0
0
Authorization Feeis an annual fee that is calculated as .002 of gross tuition after refunds, or a minimum of $500 for Nondegree-granting institutions and a minimum of $1,000 for degree-granting institutions.
|
| << C-PAP | Credit Card Processing >> |