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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. 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 ...

5. 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 ...

6. Durbin amendment - Wikipedia

   en.wikipedia.org/wiki/Durbin_amendment

   The Durbin amendment, implemented by Regulation II, 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.

7. 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.