What is Interchange, again?

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FeeFighters uses Interchange Plus pricing in our credit card processor marketplace. This type of pricing has historically only been available to larger merchants, but we’ve made all of the processors on our marketplace abide by interchange plus rules. Interchange is the set of rules that define how much of a cut the issuing bank (the bank that issued the customers’ credit card, big issuing banks include Capital One and MBNA) gets to keep from the credit card transaction.
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Added: 1 year ago

Rank: 3557 of 4785 in Business

Tags: interchange, credit card, Interchange Plus, marketplace, customer

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