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  2. 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.

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

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

    Whenever a merchant accepts a credit card payment, the credit card network that processes the payment will charge a merchant fee. The merchant is expected to cover this fee.

  4. Merchant services - Wikipedia

    en.wikipedia.org/wiki/Merchant_services

    Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC/RFID enabled device.

  5. Payment gateway - Wikipedia

    en.wikipedia.org/wiki/Payment_gateway

    The credit card issuer makes a settlement payment to the acquiring bank (the next day in most cases). The acquiring bank subsequently deposits the total of the approved funds into the merchant's nominated account (the same day or next day). This could be an account with the acquiring bank if the merchant does their banking with the same bank ...

  6. Looking to open a business bank account? 7 things you may ...

    www.aol.com/finance/looking-open-business-bank...

    A merchant services account allows you to take debit and credit card payments from customers. You’ll want to compare the transaction fees (usually charged per transaction) for different merchant ...

  7. Merchant account provider - Wikipedia

    en.wikipedia.org/wiki/Merchant_account_provider

    Merchant Account Providers give businesses the ability to accept debit and credit cards in payment for goods and services. This can be face-to-face, on the telephone, or over the internet. Credit cards have become the preferred method of payment in today's market, making a merchant account essential for most businesses.

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