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Discount rate

Percentage of a credit card sale that the merchant pays as a fee to process the transaction. Discount rates are often tiered, such that merchants are charged different rates depending on the conditions of a transaction (card-swipe vs. key-entered, for example).

KB ID# H_SVC_QBMS_DISCOUNT_RATE
1/22/2017 4:20:22 PM
QYPPRDQBKSWS05 9138 Pro 2017 d2d717