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

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

    Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have agreed to settle a decadeslong antitrust case brought upon by merchants.

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

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

    Merchants ultimately pass on those fees to consumers who use credit or debit cards. The fees are calculated as a fixed fee plus a percentage of the sales total, typically about 1% to 3%.

  4. 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]

  5. List of North Carolina state prisons - Wikipedia

    en.wikipedia.org/wiki/List_of_North_Carolina...

    This is a list of state prisons in the U.S. state of North Carolina: [1] In January 2015, the former five male divisions and one female division were consolidated into four regions, as listed below. [2] As of February 2015, North Carolina houses about 38,000 offenders in 56 correctional institutions. [3]

  6. List of newspapers in North Carolina - Wikipedia

    en.wikipedia.org/wiki/List_of_newspapers_in...

    The North Carolina Press Association (NCPA) was formed in 1873. It supports newspapers, readership and advertisers throughout the state. Membership includes 155 of the North Carolina newspapers, as of 2020. [3] The North Carolina Press Foundation was formed in 1995. It is a non-profit organization supporting journalists. [146]

  7. 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.

  8. How Durbin's Debit Card Fee Cut Backfired on Small Merchants

    www.aol.com/2011/12/08/how-durbins-debit-card...

    The Durbin Amendment, part of the Dodd-Frank Act, set a cap on the amount financial. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...

  9. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    These fees are typically from 1 to 6 percent of each sale but will vary not only from merchant to merchant (large merchants can negotiate lower rates [91]), but also from card to card, with business cards and rewards cards generally costing the merchants more to process. The interchange fee that applies to a particular transaction is also ...

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