Assertion: merchant | /r/CapableOf | accept a credit card
Facets:
value: for purchases
type: PURPOSE
value: until the time
type: TEMPORAL
value: as payment
type: MANNER
value: depending on the type of merchant
type: OTHER
Source sentences:
text: This is usually the lowest rate a merchant will incur when accepting a credit card.
text: Not every merchant who accepts credit cards has an MID, but for those who do, the MID plays a key part in how money is transferred from the customer to the merchant.
text: Aggregators allow merchants to accept credit card and bank transfers without having to set up a merchant account with a bank or card association.
text: Also known as a partially qualified rate, the mid-qualified rate is the percentage rate a merchant will be charged whenever they accept a credit card that does not qualify for the lowest rate (the qualified rate).
text: The non-qualified rate is usually the highest percentage rate a merchant will be charged whenever they accept a credit card.
text: The time that it takes for a merchant who accepts a credit card as payment until the time the funds are deposited into the merchant’s bank account can vary depending on the type of merchant account the business owner uses.
text: A credit card terminal, also known as a merchant terminal, is one of the key elements in this cashless commerce system, allowing the merchant to accept credit cards for purchases.