Find recipes, tips and techniques for cooking with pasta from Giada, Ellie and more Food Network chefs. Giada's Pasta Picks.ind recipes, tips and techniques for cooking with pasta from Giada, Ellie and more Food Network chefs. Giada's Pasta Picks.
Definition: A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. So a merchant account is an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions.f you already have a merchant account, you'll probably notice that another difference between the two is the fees; typically, the Internet merchant account fees are higher because of the assumed higher risks of online payment (as opposed to a face-to-face credit card or debit card transaction).
The Discount Rate. A discount rate applies to all the credit card processing fees a merchant must pay to their merchant service provider with each transaction. Though it can consist of many more fine components, we can think of it as follows: the discount rate = interchange fee + assessment fees.