card fees
Swipe penalty charges
Card fees are charges imposed on transactions made with credit or debit cards.
Merchants pay processing fees to accept card payments, typically a percentage of each sale plus a fixed amount.
Cardholders may face annual fees, late payment fees, foreign transaction fees, or cash advance fees.
The restaurant raised prices to cover card fees.
- swipeQuick sliding motion
- transactionExchange of goods/money
- merchantOne who sells wares
- surchargeExtra fee added
- processingSystematic operation on data
interchange · annual · credit · debit · payment · percentage · hidden · fine print · statement · banking · charge · penalty · minimum payment · late · foreign · ATM · cash advance · overdraft
- library rulesreturn policy, food rules, due dates, renewals, borrowing limits
- banking costsbank charges, service charges, finance charges, service charge, finance charge
financial benefit vs. cost
card feescashback
Refund from spending
sign-up bonuses · fee waivers · rewards points · reward points · loyalty rewards