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  2. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A merchant account is a type of bank account that allows a seller, known as the merchant, to accept payments by debit or credit cards.A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions.

  3. Acquiring bank - Wikipedia

    en.wikipedia.org/wiki/Acquiring_bank

    An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [1] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa, MasterCard, Discover, China UnionPay, American Express.

  4. American Express - Wikipedia

    en.wikipedia.org/wiki/American_Express

    Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [14] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...

  5. Online marketplace eBay to drop American Express ... - AOL

    www.aol.com/news/online-marketplace-ebay-drop...

    Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to ...

  6. CORRECTING and REPLACING American Express Refunds Merchant ...

    www.aol.com/news/2012-11-02-correcting-and...

    CORRECTING and REPLACING American Express Refunds Merchant Discount Rate to Charities for Contributions Made for Hurricane Sandy Relief Company Also Contributes $1,000,000 NEW YORK--(BUSINESS WIRE ...

  7. Payment card industry - Wikipedia

    en.wikipedia.org/wiki/Payment_card_industry

    On 7 September 2006, American Express, Discover Financial Services, Japan Credit Bureau, Mastercard and Visa International formed the Payment Card Industry Security Standards Council (PCI SSC) with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard. The council itself claims to be independent of the ...

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