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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 ...
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 ...
Chargeback. A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card.
Travelers must register on the e-Visa platform at least 48 hours prior to travel and pay a processing fee of 650 MT. No Myanmar: eVisa [196] [197] 28 days e-Visa holders must arrive via Yangon, Nay Pyi Taw or Mandalay airports or via land border crossings with Thailand — Tachileik, Myawaddy and Kawthaung or India — Rih Khaw Dar and Tamu.
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 ...
Canada portal. v. t. e. The Permanent Resident card ( French: carte de résident permanent) also known colloquially as the PR Card or the Maple Leaf card, is an identification document and a travel document for permanent residents of Canada. [ 1] It is one of the methods by which Canadian permanent residents can prove their status and is, along ...
Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...
t. e. The Canadian Certificate of Identity ( French: Certificat d’identité) is an international travel document issued by Immigration, Refugees and Citizenship Canada (formerly by Passport Canada) to a permanent resident of Canada who is not yet a Canadian citizen, is stateless, or is otherwise unable to obtain a national passport or travel ...
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