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  2. How to find a business merchant category code - AOL

    www.aol.com/finance/business-merchant-category...

    A merchant category code is a four-digit number used by credit card companies to classify businesses. A business MCC indicates the types of services or goods being sold to customers.

  3. Merchant category code - Wikipedia

    en.wikipedia.org/wiki/Merchant_category_code

    An MCC reflects the primary category in which a merchant does business and may be used: to determine the interchange fee paid by the merchant, with riskier lines of business paying higher fees; by credit card companies to offer cash back rewards or reward points for spending in specific categories [4] [5]

  4. 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 ...

  5. E-commerce payment system - Wikipedia

    en.wikipedia.org/wiki/E-commerce_payment_system

    There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

  6. 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").

  7. How to read your credit card statement - AOL

    www.aol.com/finance/read-credit-card-statement...

    Applied fees. Interest charges ... Credit card providers are required by law to give you an idea of what you’d need to pay per month — with no additional purchases — to pay off the balance ...

  8. Pay per sale - Wikipedia

    en.wikipedia.org/wiki/Pay_per_sale

    Pay-per-Sale Search Engine Marketing is a variant of pay-per-sale, whereby the traffic source is largely search engine traffic, such as that from Google's AdWords "pay-per-click" system. The business model means that merchants no longer bear the cost of " pay-per-click "; instead, the " pay-per-sale " provider takes on the risk of conversion.

  9. 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.

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