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2. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   Interchange fees have a complex pricing structure, which is based on the card brand, regions or jurisdictions, the type of credit or debit card, the type and size of the accepting merchant, and the type of transaction (e.g. online, in-store, phone order, whether the card is present for the transaction, etc.).

3. Visa, Mastercard Will Lower Credit Card Fees — How It ... - AOL

   www.aol.com/visa-mastercard-lower-credit-card...

   What Are Credit Card Fees? USA Today explained that credit card fees are the interchange fees charged to the merchant to process your payment. Most of that fee is paid to the bank issuing the ...

4. 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. The merchant is ...

5. Payment card interchange fee and merchant discount antitrust ...

   en.wikipedia.org/wiki/Payment_Card_Interchange...

   Plaintiffs allege that Visa, Mastercard, and other major credit card issuers engaged in a conspiracy to fix interchange fees, also known as swipe fees, that are charged to merchants for the privilege of accepting payment cards, at artificially high levels. In their complaint, the plaintiffs also alleged that the defendants unfairly interfere ...

6. Lower Mastercard and Visa Swipe Fees Are Coming - AOL

   www.aol.com/finance/lower-mastercard-visa-swipe...

   A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card ...

7. Four Corners Model for Payment Security - Wikipedia

   en.wikipedia.org/wiki/Four_Corners_Model_for...

   The Four Corners model, often referred to as the Four Party Scheme is the most used card scheme in card payment systems worldwide. This model was introduced in the 1990s. It is a user-friendly card payment system based on an interbank clearing system and economic model established on multilateral interchange fees (MIF) paid between banks or other payment institutions.