When shopping for an online Merchant Account for your website, be sure to compare the Discount Rate for Internet and/or card not present transactions. That is the rate you will be charged when doing business through your online store.
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| Internet / Mail / Phone Order Discount Rate |
| The Discount Rate is a percentage rate charged by the bank for processing a merchant's credit card transaction. This rate is usually determined by the type of business and/or how the credit card is processed. Retail based transactions (card present) will always have a lower discount rate than mail, phone, or Internet transactions (card not present).
When shopping for an online Merchant Account for your website, be sure to compare the Discount Rate for Internet and/or card not present transactions. That is the rate you will be charged when doing business through your online store. |