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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. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    Reward programs create a two-sided market between merchants and consumers resulting in increased adoption of credit cards. [129] Card holders typically receive between 0.5% and 3% of their net expenditure (purchases minus refunds) as an annual rebate, which is either credited to the credit card account or paid to the card holder separately. [130]

  4. Dynamic currency conversion - Wikipedia

    en.wikipedia.org/wiki/Dynamic_currency_conversion

    Unlike a credit card company, a DCC operator must disclose the exchange rate used for conversion at the time of the transaction according to credit card company rules which govern how DCC is offered. [1] [2] The DCC exchange rate must be based on a wholesale interbank rate, to which any additional markup is then applied. Visa requires that this ...

  5. 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.

  6. HDFC Bank - Wikipedia

    en.wikipedia.org/wiki/HDFC_Bank

    HDFC Bank provides a number of products and services including wholesale banking, retail banking, treasury, auto loans, two-wheeler loans, personal loans, loans against property, consumer durable loan, lifestyle loan and credit cards. Along with this various digital products are PayZapp and SmartBUY. [37] It also launched SmartWealth app in 2024.

  7. Sam's Club - Wikipedia

    en.wikipedia.org/wiki/Sam's_Club

    Sam's West, Inc. (doing business as Sam's Club) is an American chain of membership-only warehouse club retail stores owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. [4]

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