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2. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"). In a credit card or debit card transaction, the card ...

3. Can a business charge for using a credit card? - AOL

   www.aol.com/finance/business-charge-using-credit...

   When a business charges a fee for a form of payment, whether in person, online or by phone, it’s called a surcharge. Credit card surcharges are applied when you use your credit card to make a ...

4. Payment card interchange fee and merchant discount antitrust ...

   en.wikipedia.org/wiki/Payment_Card_Interchange...

   The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

5. Credit card - Wikipedia

   en.wikipedia.org/wiki/Credit_card

   Merchants are charged several fees for accepting credit cards. The merchant is usually charged a commission of around 0.5 to 4 percent of the value of each transaction paid for by credit card. [74] The merchant may also pay a variable charge, called a merchant discount rate, for each transaction. [69]

6. Credit card companies adjust merchant fees. Consumers ... - AOL

   www.aol.com/news/credit-card-companies-adjust...

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7. What is a balance transfer fee? Here’s everything you ... - AOL

   www.aol.com/finance/balance-transfer-fee...

   Balance transfer fees are typically 3 percent or 5 percent of the total balance you transfer to your new card. So, for every $10,000 in debt you move to a balance transfer credit card, you’ll ...

8. E-commerce payment system - Wikipedia

   en.wikipedia.org/wiki/E-commerce_payment_system

   There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...

9. Surcharge (payment systems) - Wikipedia

   en.wikipedia.org/wiki/Surcharge_(payment_systems)

   Surcharge (payment systems) A surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card or debit card (but not cash) which at least covers the cost to the merchant of accepting that means of payment, such as the merchant service fee imposed by a credit card company. [1]