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Old 24-03-2004, 21:38   #3
MovedGoalPosts
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Re: What does this mean?

It seems to be fairly common now, I've seen similar small print at Tescos and other large shops. It appears to apply to credit cards, not debit cards?

I dont know whay they do it, but presumably theres some financial benefit. It looks like the companies set up a subsidiary agent company who will claim the money owed from the credit card bank, and then pay it to the shop itself. Maybe the credit processing subsidiary is acting as a credit facility to the shop?
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