QR Codes

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January 16, 2013

A Quick Response Code, or QR code, is a type of two-dimensional bar code designed to have faster readability and greater storage capacity than standard bar codes. A QR code consists of square black dots set in a square grid on a plain white background. Originally developed for...

Qualified Discount Rate

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December 10, 2010

A Qualified Discount Rate is the percentage that a business is charged when they process a regular consumer credit card in a conventional manner governed by their merchant account provider that uses an accepted credit card processing solution. This is almost always the...

Qualified Rate

Merchant Warehouse | VIEW PROFILE

December 10, 2010

Discount rates are percentage-based fees required for processing a merchant’s credit card or other electronic sales transaction. It is paid to an acquiring bank and the credit card processing organization for the time and expense that is typically involved in the handling...

Questionable Merchant

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December 10, 2010

A Questionable Merchant is a merchant or merchant location at which an excessive number of confirmed fraud transactions have occurred within a specified period. Questionable merchants are often reported by referral groups and third party sellers who regularly interact with...