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  2. Can a business charge for using a credit card? - AOL

    www.aol.com/finance/business-charge-using-credit...

    When a business charges a fee for a form of payment, whether in person, online or by phone, it’s called a surcharge. Credit card surcharges are applied when you use your credit card to make a ...

  3. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A typical credit card terminal popular in 2005, now typically out of use and of a style/era usually non-compliant per PCI-DSS standards. A credit card terminal is a stand-alone piece of electronic equipment that allows a merchant to swipe or key-enter a credit card's information as well as additional information required to process a credit card transaction.

  4. Business line of credit vs. business credit cards - AOL

    www.aol.com/finance/business-line-credit-vs...

    A business line of credit (LOC) can provide financing for larger business expenses but could be more difficult to qualify for than a business credit card. An LOC offers financing for a defined ...

  5. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...

  6. Durbin amendment - Wikipedia

    en.wikipedia.org/wiki/Durbin_amendment

    The Durbin amendment, implemented by Regulation II, [1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by Dick Durbin, a ...

  7. How much will a business line of credit cost? - AOL

    www.aol.com/finance/much-business-line-credit...

    Here’s how you do it using a $100,000 loan with a factor rate of 1.4 and a two-year repayment period: Step 1: Find the overall loan amount. First, multiply the loan amount by the factor rate to ...

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