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Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC/RFID enabled device.
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").
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed.At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
The Pakistan Institute of Public Finance Accountants (PIPFA) (Urdu: ادارہَ محاسبانِ حساباتِ عامّہ ، پاکستان) is an autonomous body recognized mainly in the government sector and established under license from the Securities and Exchange Commission of Pakistan by the authority given under section 42 of the Companies Ordinance, 1984.
A U.S. appeals court has rejected British socialite Ghislaine Maxwell's request to revisit its decision upholding her conviction for helping the late financier Jeffrey Epstein sexually abuse ...
A father has been charged with fatally shooting his adult son with Down syndrome at a home in East Texas after claiming he had mistaken him for an intruder and then later burning his body in what ...
PayPak (Urdu: پے پاک) is a domestic payment service available in Pakistan. [1] It was launched in 2016 by 1Link to save inter-change costs of International Payment Schemes. PayPak cards can only be used on ATMs, POS terminals, and online transactions within Pakistan. [2]
A disgraced 93-year-old New Orleans priest pleaded guilty Tuesday to charges involving the sexual assault of a teenage boy in 1975. Lawrence Hecker, who left the ministry in 2002, had been ...