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What is Interchange?

By FFS / July 22, 2014 / Comments Off on What is Interchange?

What is interchange? While more and more merchants are becoming familiar with the term “interchange”, some still find it confusing or convoluted when looking at their monthly statements. In the most basic form, interchange stands for the costs of processing and supporting the use of credit cards. Bank card issuers charge merchants this interchange fee […]

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