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…

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payment gateway API

How do I Create a Payment Gateway API?

We live in an omnichannel customer experience era, and developers play a critical role. They ensure that all data is processed correctly, from when a customer looks at a product…

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Auto Debit vs Manual Payment Processing

Auto Debit vs Manual Payment Processing: Which is Better for Your Business?

As a business owner, you know that managing finances is crucial to the success of your business. And a critical aspect of financial management is payment processing. But with so…

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Short-Term vs Long-Term Fixed Deposits

Short-Term vs Long-Term Fixed Deposits: The Ultimate Investment Comparison

When it comes to investing, fixed deposits are a popular option for many people. Fixed deposits offer a reliable and secure way to earn interest on your savings, making them…

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how-to-know-transactions-are-successful-in-payment-gateway

How To Know Your Transactions Are Successful Using A Payment Gateway

Online payments have become essential to our lives and will continue to impact business. According to Economic Times, digital payments will grow to 71.7% of all transactions by 2025.  A…

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