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单词 mail order/telephone order (MOTO) discount rate
释义

mail order/telephone order (MOTO) discount rate

Definition
Fee charged by a merchant account provider for credit card transactions where the actual card is not available to the merchant, such as in mailed, phoned-in, or via Internet orders. MOTO discount rates are higher than discount rates for transactions conducted with a card-swipe machine (magnetic-stripe reader) due to the increased risk of fraud or non-payment.
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更新时间:2025/3/10 12:33:56