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  2. 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 ...

  3. 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 ...

  4. Dynamic currency conversion - Wikipedia

    en.wikipedia.org/wiki/Dynamic_currency_conversion

    The merchant, the merchant's bank or ATM operator usually impose a markup on the transaction, in addition to the exchange rate that would normally apply, sometimes by as much as 18%. [3] Without DCC, the currency conversion would take place by the card issuer when the transaction is charged to the card holder's statement, usually a day or two ...

  5. How to get an unsecured business loan - AOL

    www.aol.com/finance/unsecured-business-loan...

    In either case, you pay fees to the financing company once the invoices are paid, which can be high. Merchant cash advances: Merchant cash advances are an advance paid based on your credit and ...

  6. Merchant cash advance - Wikipedia

    en.wikipedia.org/wiki/Merchant_cash_advance

    A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales. [1] The idea originated from Barbara Johnson, who needed funds for her small business franchise. As a result, Barbara, her husband Gary, and Les Falke co-founded ...

  7. Multi-currency pricing - Wikipedia

    en.wikipedia.org/wiki/Multi-currency_pricing

    Multi-currency pricing. Multi-currency pricing (MCP) is a method that international companies use to do business using local currencies. [1] [2] This allows them to price goods and services in a variety of foreign currencies, while continuing to receive settlement and reporting in their home currency. With MCP, merchants can sell the same item ...

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