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2. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   Some fees are set by the merchant account provider, but the majority of the per-item and percentage fees are passed through the merchant account provider to the credit card issuing bank according to a schedule of rates called interchange fees, which are set by Visa, Discover, and MasterCard. Interchange fees vary depending on card type and the ...

3. 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").

4. Surcharge (payment systems) - Wikipedia

   en.wikipedia.org/wiki/Surcharge_(payment_systems)

   A payment surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card, debit card or an e-money account, [1] 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. [2]

5. 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. However, those fees ...

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

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

   Visa and Mastercard say their merchant fees support businesses and consumers. Others say they only add to consumer inflation.

7. Acquiring bank - Wikipedia

   en.wikipedia.org/wiki/Acquiring_bank

   This arrangement provides the merchant with a line of credit. Under the agreement, the acquiring bank exchanges funds with issuing banks on behalf of the merchant and pays the merchant for its daily payment-card activity's net balance — that is, gross sales minus reversals, interchange fees, and acquirer fees. Acquirer fees are an additional ...