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2. DOJ goes after payment giant Visa with new antitrust suit

   www.aol.com/finance/doj-goes-payment-giant-visa...

   According to the DOJ, Visa fashioned a “web of contracts” with major banks and merchants that required merchants to choose Visa’s network or pay higher fees to Visa for sales transactions.

3. Payment card interchange fee and merchant discount antitrust ...

   en.wikipedia.org/wiki/Payment_Card_Interchange...

   The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

4. Visa and Mastercard agree to $30 billion settlement that will ...

   www.aol.com/visa-mastercard-agree-30-billion...

   The settlement is set to lower swipe fees merchants pay when customers make purchases using their Visa or Mastercard by $30 billion over five years, according to a press release announcing the ...

5. Add, edit, or delete a payment method for AOL services

   help.aol.com/articles/update-your-payment-method

   Never worry about your AOL services or subscriptions going past due because your financial info changed. Add, edit, or delete the payment method used for AOL products and service right from your My Account page. To access your billing info, you'll need to sign in with your Primary username and password.

6. Accepted payment methods for AOL services

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

   Accepted payment methods. Credit or debit cards. American Express. Visa (credit or debit) Discover (credit or debit) MasterCard (credit or debit) PayPal (for most online purchases) Direct debit is no longer available for active accounts, however, it can be used to pay past due balances, with a $7 fee.

7. Contactless payment - Wikipedia

   en.wikipedia.org/wiki/Contactless_payment

   EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...

8. 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"). In a credit card or debit card transaction, the card ...

9. How credit card companies make money - AOL

   www.aol.com/finance/credit-card-companies-money...

   Key takeaways. Credit card companies generate most of their income through interest charges, cardholder fees and transaction fees paid by businesses that accept credit cards. Even if you don't pay ...