Wondering if people would share their experiences and fees with CC processors. Currently chanigng to Volusion as a platform. 2/3 of our customers are business/corporate credit cards, the other cards are mid qualified cards.
The Authorize.net rates are much higher than what we are currently at with Integrity (over 1% higher on Mid-Qualified Cards - which are cards with bill to info/card #, but card not present. Business cards processed at upper mid 3%.
Currently at mid 2% for Mid-Qualified and similar pricing for business card purchases.
Another thing we do to minimize these CC fees, I currently have the flexibility to run cards in batches - which we run automatically 2 each day M-F and once Sat/Sun. This saves us the .30 per transaction fee x 40-100 orders per day.
What are people using today? Any companies we should look at for e-commerce card processing?