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  2. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    These fees are set by the credit card networks, and are the largest component of the various fees that most merchants pay for the privilege of accepting credit cards, representing 70% to 90% of these fees by some estimates, although larger merchants typically pay less as a percentage. Interchange fees have a complex pricing structure, which is ...

  3. Lower Mastercard and Visa Swipe Fees Are Coming - AOL

    www.aol.com/finance/lower-mastercard-visa-swipe...

    Currently, swipe fees average about 2% per transaction and are only lowered by “at least 0.04 percentage points.”. This means on a $100 sale, the $2 fee will be reduced to a maximum of $1.96 ...

  4. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    Merchants are charged several fees for accepting credit cards. The merchant is usually charged a commission of around 0.5 to 4 percent of the value of each transaction paid for by credit card. The merchant may also pay a variable charge, called a merchant discount rate, for each transaction.

  5. 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 ...

  6. American Express - Wikipedia

    en.wikipedia.org/wiki/American_Express

    American Express Company ( Amex) is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based ...

  7. Accepted payment methods for AOL services - AOL Help

    help.aol.com/articles/payment-methods-available-CS41

    Credit or debit cards• American Express • Visa (credit or debit) • Discover (credit or debit) • MasterCard (credit or debit) Direct debit is no longer available for active accounts, however, it can be used to pay past due balances, with a $7 fee. Entering your payment info. When adding a new payment method, keep the following in mind ...

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