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

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

   An independent auditor will review this aspect to confirm compliance. [5] The agreement now awaits the green light from the U.S. District Court for the Eastern District of New York, which, if approved, will be a significant step towards addressing anti-competitive practices in the credit card processing industry. [6]

3. Durbin amendment - Wikipedia

   en.wikipedia.org/wiki/Durbin_amendment

   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 ...

4. Mobile payment - Wikipedia

   en.wikipedia.org/wiki/Mobile_payment

   Mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under financial regulations and performed from or via a mobile device. Instead of paying with cash, cheque, or credit card, a consumer can use a payment app on a mobile device to pay for a wide range ...

5. Global Payments - Wikipedia

   en.wikipedia.org/wiki/Global_Payments

   Global Payments has been an independent, publicly-traded company on the New York Stock Exchange having the ticker symbol “GPN” since its spin off. In 2009, it paid $75 million for United Card Service, Russia 's leading credit card processing company. [ 13] In 2011, Global Payments's United Card Service bought Alfa-Bank 's credit card ...

6. Square (financial services) - Wikipedia

   en.wikipedia.org/wiki/Square_(financial_services)

   The Square Reader was the firm's first product. It accepts credit card payments by connecting to a mobile device's audio jack. The original version consisted of a read head directly wired to a 3.5 mm audio jack, through which unencrypted, analog card information was fed to smartphones for amplification and digitization. [38]

7. Contactless payment - Wikipedia

   en.wikipedia.org/wiki/Contactless_payment

   Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card ...