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  2. Merchant services - Wikipedia

    en.wikipedia.org/wiki/Merchant_services

    Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC / RFID enabled device.

  3. Surcharge (payment systems) - Wikipedia

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

    The merchant fees for MasterCard and Visa cards were around 0.6% and the fees for Diners Club cards were around 2.2%. [31] Additionally, many merchants seeking to reduce transaction costs have implemented non-compliant solutions that fail to meet price transparency and consumer friendliness standards imposed by the card brands' contract ...

  4. Payment service provider - Wikipedia

    en.wikipedia.org/wiki/Payment_service_provider

    They will often provide merchant services and act as a payment gateway or payment processor for e-commerce and brick and mortar businesses. They may also offer risk management services for card and bank based payments, transaction payment matching, digital wallets , reporting, fund remittance , currency exchange and fraud protection.

  5. Expense and cost recovery system - Wikipedia

    en.wikipedia.org/wiki/Expense_and_cost_recovery...

    An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.

  6. 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").

  7. 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 ...

  8. Angelina Jolie Gets Asked 'the Most Insane Question.' Here's ...

    www.aol.com/angelina-jolie-gets-asked-most...

    Angelina Jolie laughed when a reporter asked her what a biopic of her life might look like and said in part, "Let’s hope there isn’t one about my life"

  9. 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 ...

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