Sentence examples for processing the transaction from inspiring English sources

The savings may outweigh any fees charged by the agent for processing the transaction.

But banks can't levy a fee that isn't "reasonable and proportional" to the cost of processing the transaction.

If a patient is insured, a pharmacy-benefit manager is paid for processing the transaction between the pharmacy and the insurer or employer.

Colin Baptie, a spokesman for Visa International, said it charges card issuers a 1percentt fee for processing the transaction through computer networks, and that banks can choose to pass this fee on to customers (most do).

Whatever the specifics of any one deal, the business works essentially the same way for all the ticketing companies: they divide the service fee with theaters after credit card companies take a percentage for processing the transaction.

This worldview persists in the continued sale of trees on federal lands to lumber companies at prices below even the cost of processing the transaction, let alone any market value.

The proposed rules have faced complaints and heavy lobbying from banks, credit unions and credit card companies, which say that cutting and capping fees mean that the fees will fail to cover the cost of processing the transactions and accounting for fraud.

Discover's goal has been to win over more merchants in the U.S. to accept Discover card payments, thus expanding its network and the fees it takes from processing the transactions.

In addition to interest rates, late fees, annual fees and other charges on cardholders, the banks rack up fees from 1% to 3% on merchants for processing the transactions.

During the company's participation in the 500 Startups accelerator program this year, co-founder and CEO Mark Thomas and his team found that by processing the transactions on its platform, they were accumulating listing and property data in real-time.

Even as technology has reduced the costs of processing the transactions substantially, the amount of money generated by credit card swipe fees has continued to rise.