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A large retailer is preparing to accept credit cards and anticipates monthly credit card sales...

A large retailer is preparing to accept credit cards and anticipates monthly credit card sales of $1,000,000. If the terms with the acquiring bank include bundled allocated fees of 6% and the retailer wishes to delay fee payment as long as possible, what should the retailer do?

A.

Accept gross settlement.

B.

Place a hold on consumer credit limits.

C.

Receive net settlement.

D.

Delay funds transfer to card-issuing banks.

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