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Archives: Glossary Terms

MATCH List

Member Alert To Control High Risk Merchants or MATCH for short is an electronic bulletin board used to track people and businesses whose merchant processing

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Mid-Qualified

A discount rate that is billed in addition to the “Qualified” discount rate, usually for these reasons: (A) with a “retail” merchant account, where the

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Monthly Minimum

The minimum amount of discount fees charged by a processing bank in a given month. If account activity does not generate the monthly minimum, the

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