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

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

    In December 2023, claim forms began mailing to millions of business owners in the class who accepted Visa and/or Mastercard payment cards during the 15-year class period from January 1, 2004, to January 25, 2019. [3] The claims period was extended from May 31 to August 30, 2024, and further extended to February 4, 2025.

  3. Unified Payments Interface - Wikipedia

    en.wikipedia.org/wiki/Unified_Payments_Interface

    The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1] [2] It is used on mobile devices to instantly transfer funds between two bank accounts. The mobile number of the device is required to be registered with the bank. The UPI ID of the recipient can be used to transfer money.

  4. Termination for convenience - Wikipedia

    en.wikipedia.org/wiki/Termination_for_convenience

    A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract.

  5. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A merchant account is a type of bank account that allows a seller, known as the merchant, to accept payments by debit or credit cards.A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions.

  6. Florida homeowner shoots and kills one intruder, injures ...

    www.aol.com/news/florida-homeowner-shoots-kills...

    A Florida man opened fire on two home intruders, killing one of them, on Thursday night, authorities said. The Lakewood Ranch area homeowner saw two masked men on his motion-activated home ...

  7. Termination fee - Wikipedia

    en.wikipedia.org/wiki/Termination_fee

    Termination fees are common to service industries such as cellular telephone service, subscription television, and so on, where they are often known as early termination fees. For instance, a customer who purchases cellular phone service might sign a two-year contract, which might stipulate a $ 350 fee if the customer breaks the contract.

  8. US hits JetBlue with $2 million penalty over chronic flight ...

    www.aol.com/news/us-hits-jetblue-2-million...

    WASHINGTON (Reuters) -The U.S. Transportation Department imposed a $2 million penalty on JetBlue Airways for operating four chronically delayed flights on domestic routes - the first time it has ...

  9. Acquiring bank - Wikipedia

    en.wikipedia.org/wiki/Acquiring_bank

    An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [1] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa, MasterCard, Discover, China UnionPay, American Express.

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