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  2. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    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"). In a credit card or debit card transaction, the card ...

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

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

    The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

  4. Merchant category code - Wikipedia

    en.wikipedia.org/wiki/Merchant_category_code

    MCCs are assigned either by merchant type (e.g., one for hotels, one for office supply stores, etc.) or by merchant name (e.g., 3000 for United Airlines [1]) and is assigned to a merchant by a credit card company when the business first starts accepting that card as a form of payment. [2]

  5. Worldpay, Inc. - Wikipedia

    en.wikipedia.org/wiki/Worldpay,_Inc.

    Number of employees. 8,500 (2024) Website. www .worldpay .com. Worldpay is an American multinational financial technology company and payment processing company. Worldpay provides payment and technology services to merchants and financial institutions globally generating 40 billion transactions across 146 countries and 135 currencies. [ 2] With ...

  6. 20 Metro Areas With the Worst Credit Card Debt Problems - AOL

    www.aol.com/2011/01/26/worst-credit-card-debt...

    American families are still struggling to dig out from under credit card debt, and a new study from credit reporting agency Equifax (EFX) says that households in some metropolitan areas owe as ...

  7. Form 1099-K - Wikipedia

    en.wikipedia.org/wiki/Form_1099-K

    Form 1099-K, 2015. In the United States, Form 1099-K "Payment Card and Third Party Network Transactions" is a variant of Form 1099 used to report payments received through reportable payment card transactions (such as debit, credit, or stored-value cards) and/or settlement of third-party payment network transactions. [ 1]

  8. 5 Cities Where Gen Xers Have the Most Credit Card Debt - AOL

    www.aol.com/finance/5-cities-where-gen-xers...

    Millennials: $4,372. Gen Z: $2,076. The median Gen X credit card debt balance across 100 metros is $6,255. Gen Xers in the five cities below have a considerably higher median credit card debt ...

  9. Credit card companies adjust merchant fees. Consumers ... - AOL

    www.aol.com/news/credit-card-companies-adjust...

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