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Authorizations (Card Processing)
All transactions must be authorized via terminal, cash register, voice authorization, or automated voice response phone system (IVR).
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Convenience Fees
These fees allow for the quick offset of transaction processing costs for methods of payment that are outside of a business’s traditional methods. Learn More
Related Terms
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Existing Relationship
There is an existing relationship between an originator and a receiver when there is either a written agreement in place or when the receiver has purchased goods...
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