E commerce

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Title: E commerce

Essay Details:

Subject: Business

Author: Hanna B

Date: May 24, 2015

Level: University

Grade: A

Length: 2 / 467

Essay text:

This acceptance is also known as payment processing, credit card processing or merchant card processing. A bank that has an online merchant processing relationship with Visa and Mastercard, also known as a member bank, can issue online merchant accounts directly to merchants A Merchant Account has a variety of fees, some periodic, others charged on a per-item or percentage basis. Some fees are set by the merchant account provider, but the majority of the per-item and percentage fees are passed through the merchant account provider to the credit card issuing bank according to a schedule of rates called interchange fees, which are set by Visa and Mastercard...

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