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    Merchant banks allow merchants to accept deposits generated by credit and debit card payments. Payment processors are companies that process credit and debit card transactions on behalf of merchants and their merchant banks. ... Card associations are the card brands such as Visa, Mastercard, Discover and American Express.


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    Check payment services are a way to transfer or receive money without visiting the banks. They are very simple, have no limitation amount and never result in errors, as all processing is online.


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