An older term for the percentage a merchant pays on card sales. On modern statements it's clearer to compare processors by effective rate, which includes per-item and fixed fees too.
Why it matters for your business
Terms like Discount rate aren't just jargon — they sit behind what you actually pay to accept payments. Understanding them is the difference between reading your statement and being at the mercy of it. If you're not sure how this shows up in your own costs, the fastest way to find out is to have someone read your statement line by line.
See what you're really paying →Related — Pricing & Fees