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When a business charges a fee for a form of payment, whether in person, online or by phone, it’s called a surcharge. Credit card surcharges are applied when you use your credit card to make a ...
A business card is a credit card designed to support small business owners and entrepreneurs, keeping business spending separate from personal spending. These cards typically offer higher credit ...
Song-Beverly Credit Card Act. The Song-Beverly Credit Card Act of California was passed in 1971 to protect consumer information in credit card transactions. Under the act, companies may not collect personally identifiable information from consumers who purchase goods or services using credit cards.
Corporate Credit Cards. Small Business Credit Cards. Availability. For larger, established businesses often with revenue of $1 million+. For small companies, sole proprietors, freelance workers ...
The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 is a federal statute passed by the United States Congress and signed by U.S. President Barack Obama on May 22, 2009. It is a comprehensive credit card reform legislation that aims "to establish fair and transparent practices relating to the extension of credit under ...
Durbin amendment. The Durbin amendment, implemented by Regulation II, [1] 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. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by ...
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