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    What does Minimum Discount mean on my merchant statement?

    Description

    What does Minimum Discount mean on my merchant statement?

    Resolution

    A monthly Minimum Discount fee may have been negotiated when you first signed up for your merchant account.  This means that the Discount Due listed in the Plan Summary section of your merchant statement must exceed the Minimum Discount amount.  If it does not, you will be assessed the difference between the Discount Due and the Monthly Minimum Discount as a separate line item on that statement.

    If you have questions or require additional information, please submit a ticket and we will be in touch with you shortly.

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