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

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

    Whenever a merchant accepts a credit card payment, the credit card network that processes the payment will charge a merchant fee. The merchant is expected to cover this fee. The merchant is ...

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

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

    Merchant fees are fees that businesses are required to pay to accept cards as payment. They vary depending on the type of card used and can include several layers of charges. For example ...

  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.

  6. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    If the percentage goes above, there are penalties starting at $5,000 – $25,000 charged to the merchant's processing bank and ultimately passed on to the merchant. In all cases, a chargeback will cost the merchant a chargeback fee, typically $15–$30, plus the cost of the transaction and the amount processed.

  7. Online marketplace eBay to drop American Express, citing fees ...

    www.aol.com/news/online-marketplace-ebay-drop...

    “After careful consideration, eBay has decided to no longer accept American Express globally effective Aug. 17 due to the unacceptably high fees American Express charges for processing credit ...

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