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  2. Can a business charge for using a credit card? - AOL

    www.aol.com/finance/business-charge-using-credit...

    Businesses tend to cover merchant fees, but other times consumers eat the cost. ... adding convenience fees to credit card transactions is legal, but there are still rules businesses must follow ...

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

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

    The settlement lowers interchange fees for merchants and also protects credit card companies from being sued over the issue again in the future. [21] That settlement was reversed. Currently one for US$ 6.24 billion is scheduled to go before the district court on November 7, 2019.

  4. Visa, Mastercard settle long-running antitrust suit over ...

    www.aol.com/news/visa-mastercard-settle-long...

    Swipe fees are paid to Visa, Mastercard and other credit card companies in exchange for enabling transactions. Merchants ultimately pass on those fees to consumers who use credit or debit cards ...

  5. Visa and Mastercard agree to $30 billion settlement ... - AOL

    www.aol.com/visa-mastercard-agree-30-billion...

    Typically, swipe fees cost merchants 2% of the total transaction a customer makes — but can be as much as 4% for some premium rewards cards, according to the National Retail Federation. The ...

  6. 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 ...

  7. Merchant cash advance - Wikipedia

    en.wikipedia.org/wiki/Merchant_cash_advance

    A merchant cash advance (MCA) is a type of business funding or loan that is repaid by the lender taking a percentage of the businesses' daily credit or debit card income, directly from the payment processor. The term Merchant Cash Advance is commonly used to describe a variety of small business financing options characterized by purchasing ...

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