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Direct Sales of Credit Cards
Direct Sales of Credit Cards

... The UK has one of the most competitive credit card markets in the world. Industry guidelines on direct sales of credit cards ensure that products are marketed appropriately within this competitive environment. They apply to face-to-face marketing of credit cards away from branch premises in, for exa ...
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Dear Parents - Solid Rock Academy

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A1 Advanced products for managing the bank`s balance sheet

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Merchant account



A merchant account is a type of bank account that allows businesses to accept payments by payment cards, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales organization (ISO), or member service provider (MSP) is also a party to the merchant agreement. Whether a merchant enters into a merchant agreement directly with an acquiring bank or through an aggregator, the agreement contractually binds the merchant to obey the operating regulations established by the card associations.
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