The discount rate is the percentage deducted from the value of a receivable when it is exchanged for available money before the date it would originally have been paid. It is the cost of a receivables advance: the higher the discount rate, the less is left of the advanced amount.
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Documentation exists so a seller never learns a rule on the day it costs them. Worth reading before you need it.
Wellington CostaGlobal Payments Specialist
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Written by
Wellington Costa
Global Payments Specialist
Writes about payment infrastructure, checkout conversion and chargeback reduction. Works directly with digital product sellers, affiliates and creators selling to more than 40 countries through Mundpay.