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Effective Rate
The effective rate shows the amount of volume a business pays in credit card processing fees to process a given amount. It is shown as a percentage,...
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Acquirer
An acquirer is a bank that processes credit and debit card transactions for a merchant.
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NPR (Notice of Proposed Rulemaking)
A Notice of Proposed Rulemaking is a notice that is publicly issued when any independent agency decides to change, remove or add a rule.
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