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However, the government adds that card processing services "could potentially become limited at short notice".
The company collects a 5percenttransactionon fee, which includes the typical card processing fees.
The banks are setting out to make up for the expected drop in card processing fees.
As I hope I made clear, the world of card processing is extremely complex.
The cards were later reported stolen, resulting in a credit card processing company withholding payments to Flooz.com, he said.
I'm at a meeting of division heads in a credit card processing firm and everything seems, well, a bit grey.
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(After all, many fast-food franchises adopted credit-card processing only in the last few years).
The purchase would create the nation's fourth-largest provider of merchant bank-card processing services.
Owners pay 3% of the booking rate, which barely covers average credit-card processing fees.
A local credit-card processing firm is referred to as the "new mill".
Today, the company pays credit-card processing fees on every purchase from iTunes.
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