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  2. Kiva (organization) - Wikipedia

    en.wikipedia.org/wiki/Kiva_(organization)

    Website. kiva .org. Kiva Microfunds is a 501 (c) (3) non-profit organization [ 2 ][ 3 ] headquartered in San Francisco, California. Kiva's mission is "to expand financial access to help underserved communities thrive." [ 4 ] Kiva distributes funds that it receives to microfinance institutions, social impact businesses, schools or non-profit ...

  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. Durbin amendment - Wikipedia

    en.wikipedia.org/wiki/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 Dick Durbin, a ...

  5. ActBlue - Wikipedia

    en.wikipedia.org/wiki/ActBlue

    The organization is open to Democratic campaigns, candidates, committees, and progressive 501(c)4 organizations. Groups that use ActBlue pay a 3.95% credit card processing fee. As a nonprofit, ActBlue runs its own, separate fundraising program and accepts tips on contributions to pay for its expenses. [4] [5] [6]

  6. Merchant category code - Wikipedia

    en.wikipedia.org/wiki/Merchant_category_code

    MCCs are assigned either by merchant type (e.g., one for hotels, one for office supply stores, etc.) or by merchant name (e.g., 3000 for United Airlines [1]) and is assigned to a merchant by a credit card company when the business first starts accepting that card as a form of payment. [2]

  7. 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 ...

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