Bank Discount Rates

Discount Rate Tables (DRTs) are used to calculate a fixed rate discount for merchants.

Navigation

1. Search for the bank that you want to view.
2. Click on the value in the Bank column for the merchant that you want to modify.

   The Bank Summary page displays.

3. Click the Bank Discount Rates link.

Page: Bank Discount Rates

Create a discount rate table

1. Type the new table's identification number in the New Table Number field.
2. Click Add.

   The Bank Discount Rate Details page displays.

3. Enter the discount percentage for the card plan's settled transactions in the Discount Percentage field.
4. Enter the discount per item for the card plan's settled transactions in the Discount Per Item field.
5. Enter the percentage of volume from deposited transactions that is rebated to the user or association in the Rebate Percentage field.
6. Enter the processing charge per item, in dollars, that is rebated to the user or association in the Rebate Per Item field. You can enter dollar values in this field to 1/1000th of a percent (0.000 - 9999.999, where 1.0 = $1.00).
7. Enter the minimum amount that a merchant pays as a discount in the Minimum By Plan field. The calculated discount value may be greater than the minimum by plan value entered in this field.
8. Click Validate.

Copy an existing discount rate table

1. Select the table that you want to copy from the Existing DRTs list.
2. Type the new table's identification number in the New Table Number field.
3. Click Copy.

   The Bank Discount Rate Details page displays.

4. Enter values for required fields and optional fields, as needed.
5. Click Validate.

Modify a discount rate table

1. Select the table that you want to modify from the Existing DRTs list.
2. Click Edit.

   The Bank Discount Rate Details page displays.

3. Enter values for required fields and optional fields, as needed.
4. To delete all values from the fields in the Future Settings group box, click Delete Pending Changes.
5. Click Validate.