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

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

    [7] [8] This amount could be decreased based on the number of plaintiffs who opt-out. [9] A part of the settlement that allows merchants to charge fees to customers paying via credit card in order to recoup swipe fees took effect on 27 January 2013. Debit cards and transactions in the ten states that prohibit credit-card surcharges will not be ...

  3. 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 ...

  4. What is a merchant cash advance? - AOL

    www.aol.com/finance/merchant-cash-advance...

    Learn what a merchant cash advance is and what fees and terms to expect. ... If your business sells products via credit or debit card payments but sees a dip in sales, a merchant cash advance (MCA ...

  5. Durbin amendment - Wikipedia

    en.wikipedia.org/wiki/Durbin_amendment

    The Durbin amendment, implemented by Regulation II, [ 1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by Dick Durbin, a ...

  6. Credit card companies adjust merchant fees. Consumers ... - AOL

    www.aol.com/news/credit-card-companies-adjust...

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  7. Best merchant cash advances - AOL

    www.aol.com/finance/best-merchant-cash-advances...

    $5,000 to $2 million. 4.6. PayPal. Accessible merchant cash advances. ... The lowest factor rate charged is 1.08, meaning the fee is your loan amount multiplied by 1.08. ... Business credit card.

  8. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A typical credit card terminal popular in 2005, now typically out of use and of a style/era usually non-compliant per PCI-DSS standards. A credit card terminal is a stand-alone piece of electronic equipment that allows a merchant to swipe or key-enter a credit card's information as well as additional information required to process a credit card transaction.

  9. What is a balance transfer fee? Here’s everything you ... - AOL

    www.aol.com/finance/balance-transfer-fee...

    Balance transfer fees are typically 3 percent or 5 percent of the total balance you transfer to your new card. So, for every $10,000 in debt you move to a balance transfer credit card, you’ll ...

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