MCQOPTIONS
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| 1. |
Merchant discount rate refers to ______ |
| A. | the total discount a merchant offers on online transactions |
| B. | the total discount a bank offers to the merchant for promoting online transactions |
| C. | only taxes that a digital payment entails |
| D. | the rate charged to a merchant for payment processing services on debit and credit card transactions |
| Answer» E. | |