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2. Acquiring bank - Wikipedia

   en.wikipedia.org/wiki/Acquiring_bank

   An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [ 1 ] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa , MasterCard , Discover , China UnionPay , American ...

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. Best business acquisition loans - AOL

   www.aol.com/finance/best-business-acquisition...

   Up to $2 million. 4.2. Bank of America. Secured business loan. From $25,000. 4.3. SMB Compass. Alternative business loans. Up to $10 million.

5. Credit card - Wikipedia

   en.wikipedia.org/wiki/Credit_card

   Merchant account: This could refer to the acquiring bank or the independent sales organization, but in general is the organization that the merchant deals with. Card association : An association of card-issuing banks such as Discover , Visa , MasterCard , American Express , etc. that set transaction terms for merchants, card-issuing banks, and ...

6. Types of small business loans offered at banks - AOL

   www.aol.com/finance/types-small-business-loans...

   SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...

7. Pros and cons of a business bank loan - AOL

   www.aol.com/finance/pros-cons-business-bank-loan...

   Compare pros and cons. Here’s a quick look at some of the pros and cons of bank business loans: Pros. Cons. Longer terms. Documentation requirements. Attractive interest rates. Not ideal for ...

8. 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 ...

9. SBA 7(a) loan: What it is and how to apply - AOL

   www.aol.com/finance/sba-7-loan-apply-123539929.html

   To apply for an SBA 7 (a) loan, you will need to work with a lender approved by the SBA. Then, be prepared to submit a long list of financial documentation to show that you can repay the loan. You ...