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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. Interac - Wikipedia

    en.wikipedia.org/wiki/Interac

    Interac Direct Payment (IDP) Interac Direct Payment (IDP) is Canada's national debit card service for purchasing of goods and services. In 1990 Interac launched a new pilot called Interac Direct Payments. Customers enter their personal identification number (PIN) and the amount paid is deducted from either their chequing or savings accounts.

  5. 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]

  6. The 5 Best Credit Cards for International Travel of ... - AOL

    www.aol.com/finance/5-best-credit-cards...

    Here are the best credit and debit cards for international travel. ... that makes it better than the fee-free Capital One VentureOne Rewards Card, which only earns 1.25 points per dollar spent ...

  7. Interchange fees cost you more than you realize - AOL

    www.aol.com/news/2010-03-04-interchange-fees...

    It's a fee we pay every day, but it's invisible. And if Robert Johnson is correct, it's strangling the economy. For those of you who don't know what an interchange fee, a little introduction is in ...

  8. Chime (company) - Wikipedia

    en.wikipedia.org/wiki/Chime_(company)

    Chime Financial, Inc. is a San Francisco–based financial technology company that partners with regional banks to provide certain fee-free [4] [5] mobile banking services. The company offers early access to paychecks, negative account balances without overdraft fees, [2] high-yield savings accounts, [5] peer-to-peer payments, [6] and an interest-free secured credit card. [7]

  9. Payment Services Directive - Wikipedia

    en.wikipedia.org/wiki/Payment_Services_Directive

    The SEPA (Single Euro Payments Area) is a self-regulatory initiative by the European banking sector represented in the European Payments Council, which defines the harmonization of payment products, infrastructures and technical standards (Rulebooks for credit transfer/direct debit, BIC, IBAN, ISO 20022 XML message format, EMV chip cards/terminals).

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