-
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,...
Learn More
RDFI (Receiving Depository Financial Institutions)
A financial institution qualified by the National Automated Clearing House Association (NACHA) to receive ACH transactions.
Related Terms
-
Mobile Payments
Mobile payments allow for anytime, anywhere payments using a mobile phone, tablet, and more. Learn More
Learn More









