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2. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   Some fees are set by the merchant account provider, but the majority of the per-item and percentage fees are passed through the merchant account provider to the credit card issuing bank according to a schedule of rates called interchange fees, which are set by Visa, Discover, and MasterCard. Interchange fees vary depending on card type and the ...

3. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   The remaining $2, known as the merchant discount [16] and fees, gets divided up. About $1.75 would go to the card issuing bank (defined as interchange), $0.18 would go to Visa or MasterCard association (defined as assessments), and the remaining $0.07 would go to the retailer's merchant account provider.

4. Online Banking ePayments - Wikipedia

   en.wikipedia.org/wiki/Online_Banking_ePayments

   Because the merchant is not responsible for storing and protecting confidential consumer information, OBeP systems also reduce costs associated with mitigating fraud, fraud screening, and PCI audits. Transaction fees on Online Banking ePayments vary by network, but are often fixed, and lower than the average 1.9% [ 10 ] merchant fees associated ...

5. Can a business charge for using a credit card? - AOL

   www.aol.com/finance/business-charge-using-credit...

   Whenever a merchant accepts a credit card payment, the credit card network that processes the payment will charge a merchant fee. The merchant is expected to cover this fee. However, those fees ...

6. Visa lowers merchant credit fees for small businesses - AOL

   www.aol.com/news/visa-lowers-merchant-credit...

   Visa says it will lower its credit card “swipe” fees for online and in-store transactions by 10% for small businesses starting in April. The move comes as the pandemic continues to accelerate ...

7. Surcharge (payment systems) - Wikipedia

   en.wikipedia.org/wiki/Surcharge_(payment_systems)

   A payment surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card, debit card or an e-money account, [1] 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. [2]