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2. Top Credit Card Payment Apps for Entrepreneurs - AOL

   www.aol.com/top-credit-card-payment-apps...

   The best apps for taking credit card payments are secure, convenient, and user-friendly. However, an occasional seller may want a different system than a food truck owner or retailer.

3. American Express - Wikipedia

   en.wikipedia.org/wiki/American_Express

   Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [14] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...

4. 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.

5. Credit card - Wikipedia

   en.wikipedia.org/wiki/Credit_card

   A card belongs to a account. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services, or withdraw cash, on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world. [2]

6. Payment gateway - Wikipedia

   en.wikipedia.org/wiki/Payment_gateway

   The credit card issuer makes a settlement payment to the acquiring bank (the next day in most cases). The acquiring bank subsequently deposits the total of the approved funds into the merchant's nominated account (the same day or next day). This could be an account with the acquiring bank if the merchant does their banking with the same bank ...

7. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   These fees are set by the credit card networks, [1] and are the largest component of the various fees that most merchants pay for the privilege of accepting credit cards, representing 70% to 90% of these fees by some estimates, although larger merchants typically pay less as a percentage. Interchange fees have a complex pricing structure, which ...