Businesses that allow their customers to charge their purchases on national credit cards usually collect the credit card charges, less a service fee, daily from the credit card companies.

Question

Quizplus · Accepted Answer

Businesses typically receive payments for credit card purchases from the credit card companies on a daily basis, minus a service fee, which compensates the credit card company for processing the transaction and assuming the risk of fraud or non-payment.

Businesses That Allow Their Customers to Charge Their Purchases on National