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  2. Payment Card Industry Data Security Standard - Wikipedia

    en.wikipedia.org/wiki/Payment_Card_Industry_Data...

    The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands. It was created to better control cardholder data and reduce credit ...

  3. Can a business charge for using a credit card? - AOL

    www.aol.com/finance/business-charge-using-credit...

    Regulations for surcharges are U.S.-specific, and merchants are prohibited from imposing surcharges on card payments abroad (with the exception to this rule being Canada). Why do merchants pass ...

  4. Payment card industry - Wikipedia

    en.wikipedia.org/wiki/Payment_card_industry

    The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards.The security standards are developed by the Payment Card Industry Security Standards Council which develops the Payment Card Industry Data Security Standards used throughout the industry.

  5. Can a business charge for using a credit card? - AOL

    www.aol.com/finance/business-charge-using-credit...

    Credit card surcharges can’t exceed the cost of accepting the card or 4 percent, whichever is the lower amount, even if it costs the business more than that amount to process your credit card ...

  6. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    SaaS payment processors offer a single, regulatory-compliant electronic portal that enables a merchant to scan checks (often called remote deposit capture or RDC), process single and recurring credit card payments (without the merchant storing the card data at the merchant site), process single and recurring ACH and cash transactions, process ...

  7. Durbin amendment - Wikipedia

    en.wikipedia.org/wiki/Durbin_amendment

    Interchange fees or "debit card swipe fees" are paid to banks by acquirers for the privilege of accepting payment cards. Merchants and card-issuing banks have long fought over these fees. Prior to the Durbin amendment, card swipe fees were previously unregulated and averaged about 44 cents per transaction. [3]

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