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  2. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A qualified rate is the percentage rate a merchant will be charged whenever they accept a regular consumer credit card and process it in a manner defined as "standard" by their merchant account provider using an approved credit card processing solution. This is usually the lowest rate a merchant will incur when accepting a credit card.

  3. Payment card industry - Wikipedia

    en.wikipedia.org/wiki/Payment_card_industry

    The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards.The security standards are developed by the Payment Card Industry Security Standards Council which develops the Payment Card Industry Data Security Standards used throughout the industry.

  4. 3-D Secure - Wikipedia

    en.wikipedia.org/wiki/3-D_Secure

    3-D Secure relies upon the issuer actively being involved and ensuring that any card issued becomes enrolled by the cardholder; as such, acquirers must either accept unenrolled cards without performing strong customer authentication or reject such transactions, including those from smaller card schemes which do not have 3-D Secure implementations.

  5. Payment card - Wikipedia

    en.wikipedia.org/wiki/Payment_card

    With a debit card (also known as a bank card, check card or plastic card) when a cardholder makes a purchase, funds are withdrawn directly either from the cardholder's bank account, or from the remaining balance on the card, instead of the holder repaying the money at a later date. In some cases, the "cards" are designed exclusively for use on ...

  6. Colorado legally requires businesses to accept cash — but ...

    www.aol.com/finance/colorado-legally-requires...

    Lily W., a nurse who goes by @lilyrnbudgets on TikTok, told Moneywise in 2023 about how cash stuffing helped her pay off $17,000 in credit card debt. “When I started working …

  7. Payment service provider - Wikipedia

    en.wikipedia.org/wiki/Payment_service_provider

    A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [1]

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