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2. 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 ...

3. 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 ...

4. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   A typical credit card terminal popular in 2005, now typically out of use and of a style/era usually non-compliant per PCI-DSS standards. A credit card terminal is a stand-alone piece of electronic equipment that allows a merchant to swipe or key-enter a credit card's information as well as additional information required to process a credit card transaction.

5. How to get a refund for a fraudulent credit card transaction

   www.aol.com/finance/refund-fraudulent-credit...

   You should send this so that it reaches your issuer within 60 days of when the first statement with the fraudulent charge was mailed to you. As a precaution, send it by certified mail and ask for ...

6. How credit card companies make money - AOL

   www.aol.com/finance/credit-card-companies-money...

   The annual fee you may pay, as well as the interchange fees you generate each time you use your card, all contribute to the credit card issuer’s revenue. There are costs for the privilege and ...

7. 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 ...

8. Durbin amendment - Wikipedia

   en.wikipedia.org/wiki/Durbin_amendment

   The Durbin amendment, implemented by Regulation II, [ 1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by Dick Durbin, a ...

9. Bank of America accused of opening fake accounts and ... - AOL

   www.aol.com/bank-america-accused-opening-fake...

   “Bank of America wrongfully withheld credit card rewards, double-dipped on fees, and opened accounts without consent,” CFPB Director Rohit Chopra said in a statement. “These practices are ...