DISCOUNT RATE

This is the percentage of the total transaction amount that the bank will usually deduct prior to transferring your deposit into your bank account. Typical discount rates range from 2.5% to 5%, depending on your type of business and other factors. A higher rate may be charged on individual transactions if the transaction doesn't conform to certain qualifications, as described by your bank or merchant provider. For instance, accepting a "Visa Business Card" credit card may cost you 1% more than regular transactions. The reasons for these non-qualified transaction surcharges and complete details on all transaction qualifications should be discussed with your bank or merchant provider. Address Verification (AVS) may also fall into this category when not used properly.

• Getting Started
• Products & Services
  • Instant Commerce
  • Merchant Master
  • Electronic Checks
  • Shopping Carts
  • Merchant Services
    • Steps 1 thru 7
    • Understanding Merchant Rates and Fees
    • Discount Rates
    • Transaction Fees
    • Monthly Fees
    • Payment Gateway System
• Information
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