Understanding Credit Card Interchange Fees

Interchange fees are regarded as transaction fees that the bank account of the merchant should pay whenever a customer would use the debit or credit card for making a purchase from the respective store. The fees are then paid to the bank that issues the card for covering the overall handling costs, bad debt costs, and fraud-related expenses along with minimizing the risks associated with approving a specific payment. Read more about Understanding Credit Card Interchange Fees

components of ethical decisions

What are the two components of ethical decisions?

In making ethical decisions, people’s autonomy or the right to self-determination must be respected, which implies the freedom to make the determinants of what has to do with oneself. From the moment the individual begins to make use of reasoning, making decisions emerge that can be oriented to achieve new achievements or goals both personally and in the family. Read more about What are the two components of ethical decisions?