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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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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, and is calculated by dividing gross processing fees by gross sales. Learn More
Related Terms
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FISMA (Federal Information Security Management Act)
The Federal Information Security Management Act requires all federal agencies to implement cybersecurity programs to protect the information from unauthorized access.
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