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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. Credit card imprinter - Wikipedia

    en.wikipedia.org/wiki/Credit_card_imprinter

    Credit card imprinter. Manual card imprinter. A credit card imprinter, colloquially known as a ZipZap machine, click-clack machine or Knuckle Buster, is a manual device that was used by merchants to record credit card transactions before the advent of payment terminals. [ 1]

  5. 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 ...

  6. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

  7. What Is a Billing Zip Code? How To Find Yours for Your Credit ...

    www.aol.com/billing-zip-code-yours-credit...

    123 Example Street. Beverly Hills, California 90210. Your billing zip code, or credit card postal code, is the five-digit number on the bottom right, which in this sample is 90210. This would be ...

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