-
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
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.
Related Terms
-
Receiver
Any company, organization or entity authorizing an originator to initiate an ACH credit or ACH debit transaction.
Learn More









