The ____ is the percentage of each transaction that a financial institution will charge the e-business.
A) chargeback rate
B) discount rate
C) risk rate
D) payment rate

Question

Quizplus · Accepted Answer

The discount rate is the percentage of each transaction that a financial institution charges the e-business. The chargeback rate refers to the percentage of transactions that are disputed or refunded, the risk rate is an assessment of the likelihood that a customer will default on a payment, and there is no commonly used term for a "payment rate."

The ____ Is the Percentage of Each Transaction That a Financial