Merchant bankcard discounts refer to the fees that merchants pay to accept credit and debit card payments from their customers. These fees are charged by the bank that issues the card, the payment processor, and the card networks such as Visa and Mastercard.

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(DOC) Merchant Bankcard Discount: Understanding the Fees and Savings | Shreya Sharma - Academia.edu
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(DOC) Merchant Bankcard Discount: Understanding the Fees and Savings | Shreya Sharma - Academia.edu

Merchant bankcard discount is a term used to describe the fees that merchants pay to accept credit and debit card payments from their customers. This fee is charged by the merchants bank, also known as the acquiring bank, and is a percentage