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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. Credit card delinquencies are surging - AOL

    www.aol.com/finance/credit-card-delinquencies...

    The flow of credit card debt moving into delinquency hit 8.9% in the first quarter at an annualized rate, compared with an 8.5% rate the previous quarter and 5.87% at the end of 2023.

  6. 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 ...

  7. TransNational Payments - Wikipedia

    en.wikipedia.org/wiki/TransNational_Payments

    TransNational Payments. TransNational Payments is a private payment service provider headquartered in Rosemont, Illinois, United States. TransNational provides credit card processing and electronic payment solutions for small to medium-sized businesses and organisations across a variety of industries.

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