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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]
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 ...
Show map of Luzon Show map of Philippines Show all. Philippine Merchant Marine Academy ( Filipino: Akademiya sa Bapor Pangkalakalan ng Pilipinas; [ 2] PMMA) is a maritime higher education institution operated by the Philippine government in San Narciso, Zambales. Students are called midshipmen but are often also referred to as cadets.
BancNet does not charge rental or membership fees for retail merchants; instead, it charges interchange fees or a merchant discount rate for every successful debit transaction coursed through its system. Currently, BancNet's average merchant rate is about 1.0% net, while the average Visa/Mastercard credit and signature debit card merchant rate ...
Name Type [a] Location Year established Year granted university status [b] Regulation status [c]; Batanes State College: SUC Main Basco, Batanes not applicable
Number of employees. 3,734 (2014) Parent. Global Payments. Website. Heartland.us. Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton, New Jersey. [ 2] The company acquired Global Payments for $4.3 billion in 2016. [ 3][ 4]
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 ...
The Philippine Accrediting Association of Schools, Colleges and Universities ( PAASCU) is a private, voluntary, non-profit and non-stock corporation which was registered with the Securities and Exchange Commission of the Philippines. It is a service organization that accredits academic programs which meet commonly accepted standards of quality ...