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  2. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    The remaining $2, known as the merchant discount [16] and fees, gets divided up. About $1.75 would go to the card issuing bank (defined as interchange), $0.18 would go to Visa or MasterCard association (defined as assessments), and the remaining $0.07 would go to the retailer's merchant account provider.

  3. Discount rate - Wikipedia

    en.wikipedia.org/wiki/Discount_rate

    Annual effective discount rate, an alternative measure of interest rates to the standard Annual Percentage Rate; Bank rate, the rate of interest a central bank charges on its loans to commercial banks; Discount yield, a rate used in calculating cash flows; Fees and other charges associated with merchant accounts

  4. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A qualified rate is the percentage rate a merchant will be charged whenever they accept a regular consumer credit card and process it in a manner defined as "standard" by their merchant account provider using an approved credit card processing solution. This is usually the lowest rate a merchant will incur when accepting a credit card.

  5. What is the Discount Rate and Why Does It Matter? - AOL

    www.aol.com/news/discount-rate-why-does-matter...

    The discount rate is a financial term that can have two meanings. In banking, it is the interest rate the Federal Reserve charges banks for overnight loans. In investing and accounting, it is the ...

  6. BancNet Payment System - Wikipedia

    en.wikipedia.org/wiki/BancNet_Payment_System

    BancNet does not charge rental or membership fees for retail merchants; instead, it charges interchange fees or a merchant discount rate for every successful debit transaction coursed through its system. Currently, BancNet's average merchant rate is about 1.0% net, while the average Visa/Mastercard credit and signature debit card merchant rate ...

  7. Discounting - Wikipedia

    en.wikipedia.org/wiki/Discounting

    [2] [6] The "discount rate" is the rate at which the "discount" must grow as the delay in payment is extended. [7] This fact is directly tied into the time value of money and its calculations. [1] The present value of $1,000, 100 years into the future. Curves representing constant discount rates of 2%, 3%, 5%, and 7%

  8. Discount policy - Wikipedia

    en.wikipedia.org/wiki/Discount_policy

    Discount policy is a policy tool used by central banks to control the money in circulation by raising or lowering interest rates. [1] If the Central Bank raises bank rates, the aim is to reduce money supply in the economy. [1] With the high rates, people are expected to not take out loans and save their money in bank. [1]

  9. Bank rate - Wikipedia

    en.wikipedia.org/wiki/Bank_rate

    Bank rate, also known as discount rate in American English, [1] and (familiarly) the base rate in British English, [2] is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some countries as ...