Glossary
Daily Discount
The daily discount is a practice in merchant services where processing fees are deducted from the merchant's settlement account on a daily basis. This method involves subtracting the fees directly from the total sales amount processed each day.
Key Aspects of Daily Discount:
Benefits of Daily Discount:
In summary, the daily discount method provides advantages in terms of financial clarity and cash flow management for merchants, offering a straightforward way to handle processing fees by aligning daily expenses directly with daily revenues.