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2. 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 ...

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. Merchant services - Wikipedia

   en.wikipedia.org/wiki/Merchant_services

   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 ...

5. Surcharge (payment systems) - Wikipedia

   en.wikipedia.org/wiki/Surcharge_(payment_systems)

   Surcharge (payment systems) A surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card or debit card (but not cash) which at least covers the cost to the merchant of accepting that means of payment, such as the merchant service fee imposed by a credit card company. [1]

6. How to find a business merchant category code - AOL

   www.aol.com/finance/business-merchant-category...

   Merchant code range. Business type. 0001–1499. Agricultural services. 1500–2999. Contracted services. 4000–4799. Transportation services. 4800–4999. Utility ...

7. What is a merchant cash advance? - AOL

   www.aol.com/finance/merchant-cash-advance...

   A merchant cash advance is an alternative type of business financing that advances a lump-sum payment based on future credit or debit card sales. You’re essentially guaranteeing the advance with ...

8. Acquiring bank - Wikipedia

   en.wikipedia.org/wiki/Acquiring_bank

   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 ...

9. Payment gateway - Wikipedia

   en.wikipedia.org/wiki/Payment_gateway

   A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...