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OCR (Optical Character Recognition)
A technology that enables you to convert different types of documents into editable and searchable data.
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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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SSL (Secure Sockets Layer)
SSL, proceeded by TLS, is a security protocol that encrypts data and enabled authentication between applications over a network.
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