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On a bank statement is says "Bankcard Mtot Disc", what does that mean?

I am using quick books to balance the books for the company that I work for. I came across "Bankcard Mtot Disc" in the accounts and done know what is stands for, or how to record it. It shows up as a negatives in the account.

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Does your company accept credit cards for payment? If so, this might be the transaction fee that a credit card company deducts. You might find more information by checking the bank's web site to see if they have a "balancing your account" FAQ page for businesses; it might have a listing of abbreviations used. Or just call the bank and ask; you won't be the first person to ask about whatever it is.

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