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2. 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 ...

3. 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 ...

4. 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%.

5. 3 Signs a Costco Membership Is Worth It for You - AOL

   www.aol.com/3-signs-costco-membership-worth...

   Costco memberships aren't free -- as of this writing, a Gold Star membership (the basic option) will run you $60 a year, while an Executive membership (which offers additional perks and 2% cash ...

6. E-commerce payment system - Wikipedia

   en.wikipedia.org/wiki/E-commerce_payment_system

   There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...

7. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   A typical credit card terminal popular in 2005, now typically out of use and of a style/era usually non-compliant per PCI-DSS standards. A credit card terminal is a stand-alone piece of electronic equipment that allows a merchant to swipe or key-enter a credit card's information as well as additional information required to process a credit card transaction.

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

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

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9. Visa Inc. - Wikipedia

   en.wikipedia.org/wiki/Visa_Inc.

   Visa Inc. ( / ˈviːzə, ˈviːsə /) is an American multinational payment card services corporation headquartered in San Francisco, California. [ 1][ 4] It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. [ 5]