Famous Bankcard Mtot References. Web merchant total discount fee, or mtot, is a fee that is charged to merchant account holders by the payment processor. Located at some train stations.

Web mtot disc is a monthly fee for payment processing that shows up on your merchant statement. However, if you do not receive monthly deposits, you may not see this descriptor combined with “dep.” this is your mtot dep or. $0 monthly account fees while you’re under 30.