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Basis Points
Basis Points is a financial term that describes one one-hundreth of a percent (1 basis point = .0001 or .01%). Normally, the addition of basis points for...
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Tokenization
Tokenization replaces sensitive financial account information with a random string of characters, called a token. Learn More
Related Terms
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Surcharge
A surcharge is an extra fee that’s added to the regular total amount.
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