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  2. Surcharge (payment systems) - Wikipedia

    en.wikipedia.org/wiki/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]

  3. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    In the EU, interchange fees are capped to 0.3% of the transaction for credit cards and to 0.2% for debit cards, while there is no cap for corporate cards. [3] In the US, card issuers now make over $30 billion annually from interchange fees. Interchange fees collected by Visa [4] and MasterCard [5] totaled $26 billion in 2004. In 2005 the number ...

  4. Stripe, Inc. - Wikipedia

    en.wikipedia.org/wiki/Stripe,_Inc.

    On June 6, 2019, Stripe led a $22.5 million fundraising round for Step, a financial services startup offering fee-free bank accounts to teenagers. [97] On March 26, 2020, Stripe led a $20 million Series A fundraising round for Fast, a company creating a universal, one-click checkout service. [98]

  5. 13 common bank fees you shouldn't be paying — and how to ...

    www.aol.com/finance/avoid-common-bank-fees...

    U.S. Bank protects customers from overdraft fees by automatically pulling up to $50 from linked accounts or, if you are charged a fee, allowing qualified deposits on the same day to avoid any penalty.

  6. What these small business owners want customers to know about ...

    www.aol.com/finance/small-business-owners-want...

    Other fees are charged periodically rather than per transaction. For instance, assessment fees are paid to the credit card network (Visa, Mastercard, American Express or Discover) on a monthly basis.

  7. Bank Fees: What's the Breaking Point for Customers? - AOL

    www.aol.com/2011/10/19/bank-fees-whats-the...

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  8. 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.

  9. Payment card - Wikipedia

    en.wikipedia.org/wiki/Payment_card

    Some merchants charge a fee for purchases by credit card, as they will be charged a fee by the card issuer. In other countries such as France , the distinction between debit and credit cards is based on when the customer's account is debited for the transaction.