“Less Discount Paid” Defined “Less discount paid” is the term that credit card processing services use to indicate the amount of money that a business has paid in fees throughout a given month. Howeer, in order to determine the total amount paid in processing fees that month, you have to add “less discount paid” to […]
The phrase “less discount paid” on a processing statement can be confusing. It actually means the amount that you’ve paid in processing fees already.