Daily vs. Monthly Fees
Introduction
You have two options to choose from in deciding when you want the payment processer to deduct your credit card fees from your account: Monthly or daily discount.
In monthly discount, the processor deducts fees from the account in one lump sum once a month.
With daily discount, the processor deducts fees daily throughout the month as well as at the end of the month.
Both options at the end of the day will deduct the same amount of money (it is not an inherent real discount). What you are deciding is basically how you want to do your accounting.
Comparison Criteria:Criteria
Monthly Billing
Daily Billing
Summary
