82ad790e_and_Merchant_Services_Glossary__Definition
[Term] Basis Point [Definition] 
One one-hundredth of a percent; one basis point is 0.01% or 0.0001; 10 basis points would be 0.10% or 0.0010; 25 basis points would be 0.25% or 0.0025; 100 basis points would be 1.0% or 0.0100.
Credit Card Processing and Merchant Services Glossary
Definition