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In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [35]
An address verification service (AVS) is a service provided by major credit card processors to enable merchants to authenticate ownership of a credit or debit card used by a customer. [1] AVS is done as part of the merchant's request for authorization in a non-face-to-face credit card transaction.
ASCII (/ ˈ æ s k iː / ⓘ ASS-kee), [3]: 6 an acronym for American Standard Code for Information Interchange, is a character encoding standard for electronic communication. . ASCII codes represent text in computers, telecommunications equipment, and other devic
The Victoria Cross (VC) is the highest and most prestigious decoration of the British decorations system.It is awarded for valour "in the presence of the enemy" to members of the British Armed Forces and may be awarded posthumously.
The deficit. No matter who wins in November, expect to see the federal budget deficit grow significantly. A budget deficit occurs when the government spends more than the revenue it collects.
Adrian Wojnarowski is retiring from journalism, a career where he emerged as the No. 1 breaker of NBA news. (Photo by Allen Berezovsky/Getty Images) (Allen Berezovsky via Getty Images)
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