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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. 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 ...

  4. 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]

  5. American Express - Wikipedia

    en.wikipedia.org/wiki/American_Express

    American Express Co. (2018), merchants filed a class action lawsuit against American Express and claimed that charging high fees to merchants is a violation of the Sherman Antitrust Act. [110] [111] According to the lawsuit, American Express charges significantly higher fees than other credit card providers.

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    You can find instant answers on our AOL Mail help page. Should you need additional assistance we have experts available around the clock at 800-730-2563.

  7. 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.

  8. Want a better credit card interest rate? Try smaller ... - AOL

    www.aol.com/finance/want-better-credit-card...

    Large banks charge higher interest rates, irrespective of credit score. According to the consumer protection agency, the 25 largest credit card issuers charged interest rates that were 8 to 10 ...

  9. MoneyPass ATMs near me: How to find one - AOL

    www.aol.com/finance/moneypass-atms-near-one...

    The network is currently one of the largest fee-free networks in the nation, with more than 2,000 institutions and over 160 million cardholders being part of the network.

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