Mobile Payments

Mobile Payments

Mobile payments allow for anytime, anywhere payments using a mobile phone, tablet, and more. Learn More

Related Terms

  • Discount Rate

    Merchants are charged a fee for the processing services that enable them to accept cards as payment. This fee, called the “merchant discount” or “discount rate,” is...

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  • Existing Relationship

    There is an existing relationship between an originator and a receiver when there is either a written agreement in place or when the receiver has purchased goods...

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