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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. How to settle credit card debt - AOL

    www.aol.com/finance/settle-credit-card-debt...

    Capital One: Call the Capital One personal credit card service line at 1-800-227-4825 to start the settlement process. Citi: Call Citi’s customer service line at 1-800-347-4934 for help with ...

  4. Advance-fee scam - Wikipedia

    en.wikipedia.org/wiki/Advance-fee_scam

    Advance-fee scam. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1][ 2] If a victim makes the ...

  5. What are credit card surcharges and where are they legal? - AOL

    www.aol.com/news/credit-card-surcharges-where...

    For premium support please call: 800-290-4726 more ways to reach us

  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"). In a credit card or debit card transaction, the card ...

  7. Who Will Charge the New Credit Card Surcharge? - AOL

    www.aol.com/news/2013-01-28-who-will-charge-the...

    Beginning this week, merchants may charge a 4% premium for people who use credit cards for their purchases. A settlement in a legal action between card companies and merchants has triggered that fee.

  8. Surcharge (payment systems) - Wikipedia

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

    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]

  9. Facing a lawsuit, Biden backs plan to cap credit card late fees

    www.aol.com/facing-lawsuit-biden-backs-plan...

    As of the end of 2023, 6.36% of U.S. credit card debt was considered more than 90 days delinquent. The delinquency rate is now at the highest in the U.S. it has been in over a decade.

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