what is merchant discount rate in payments

What is the Merchant Discount Rate for Payments?

The Merchant Discount Rate (MDR) is a critical component in online payment processing, encompassing the fees levied on merchants for incoming transactions. Ranging between 1% and 3%, MDR involves a…

Read more »
Merchants Digital Wallet

Merchants Digital Wallet: Pros and Cons

Digital wallets have become increasingly popular payment options for merchants and consumers. Let’s explore the key advantages and disadvantages of merchants digital wallet and what you should consider when accepting…

Read more »
a comprehensive guide to accrued expenses

A Comprehensive Guide to Accrued Expenses

Accrued expenses are liabilities that arise when a business incurs expenses but hasn’t made the corresponding payment yet. This comprehensive guide to accrued expenses provides an overview, significance for businesses,…

Read more »
Fraud Detection in Payments

Fraud Detection in Payments – A How to Guide

Fraud is a growing concern in the digital payments system. However, businesses can proactively detect and prevent fraudulent transactions through advanced analytics, machine learning, and security measures.    In this…

Read more »
Show Buttons
Hide Buttons