Consumer Account

An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.

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...

    Learn More
  • OCR (Optical Character Recognition)

    A technology that enables you to convert different types of documents into editable and searchable data.

    Learn More