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

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

    It marks the end of a long-standing legal battle over antitrust issues involving these two major credit card issuers. As part of the settlement, the companies agreed to lower their processing fees at all US merchants by at least four basis points for the next three years, ensuring these reduced rates stick for a total of five years.

  3. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A merchant account is a type of bank account that allows businesses to accept payments in multiple ways, typically 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. In some cases a payment processor, independent sales ...

  4. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    About $1.75 would go to the card issuing bank (defined as interchange), $0.18 would go to Visa or MasterCard association (defined as assessments), and the remaining $0.07 would go to the retailer's merchant account provider. If a credit card displays a Visa logo, Visa will get the $0.18, likewise with MasterCard.

  5. Get help with your AOL billing questions - AOL Help

    help.aol.com/articles/account-management...

    We have a billing verification process in place when a new charge occurs. As part of the process, we bill a temporary $1 authorization charge to the credit card submitted. This is used only to verify the validity of the credit card and because you must be at least 18 years of age to purchase an AOL service.

  6. Mastercard - Wikipedia

    en.wikipedia.org/wiki/Mastercard

    Mastercard Inc. (stylized as MasterCard from 1979 to 2016, mastercard from 2016 to 2019) is an American multinational payment card services corporation headquartered in Purchase, New York. [3] It offers a range of payment transaction processing and other related-payment services (such as travel-related payments and bookings).

  7. Business line of credit vs. business credit cards - AOL

    www.aol.com/finance/business-line-credit-vs...

    To access the funds, you usually use a company checking account, credit card or mobile app. ... An application processing fee that is typically charged as a percentage of the LOCs total value ...

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