How much do Payment Gateways Charge for International Transactions? | Dodo Eye-Q
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Founders, you're paying almost 10% to your payment gateway. Here's how.
So payment gateways are 3% for processing a transaction. But it doesn't stop there. They also charge 0.4% for invoicing 0.7% for billing, and 0.5% for tax collection. To this you have additional surcharge of 2.5% to 4% for any international transaction.
Moreover, you also need accounting fraud analytics. And secondly, you're paying close to 10% to your payment gateway.
To avoid such fees, check out a merchant of record like Dodo Payments.
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