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What is a discount rate?
The discount rate is the percentage of sales amounts that the bankcard acquirer or travel and entertainment (T&E) card issuer (i.e., American Express, etc) charges the merchant for the settlement of the transactions. Much of the discount rate is dictated by the "interchange" costs imposed by the card associations. Our discount rates are extremely competitive. See our price list for information on the rates that apply to each of our services.
The discount rate is the percentage of the sales amounts that the bankcard acquirer charges the merchant for the settlement of the transactions. The card associations impose much of the discount rates. We offer competitive discount rates and great customer service to provide you the best solution possible.
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