Mar 12, 2024 · Interchange fees are transaction fees charged between banks for processing credit and debit card payments. When a customer makes a purchase using a card, the business’s acquiring …

Jan 27, 2025 · Interchange fees are fees merchants pay to issuing banks to cover the costs of issuing cards and processing card transactions. Every time a customer makes a purchase with a credit or …

Jul 31, 2025 · What Is an Interchange Fee? An interchange fee is one of several credit card processing fees that payment services providers collect from merchants for processing credit and debit card...

Sep 15, 2025 · Interchange fees are charged by card-issuing banks whenever a customer uses a credit or debit card. They cover fraud risk and payment processing costs, including moving funds to the …

Nov 9, 2025 · When you buy something with a credit card, the merchant pays a fee in order to accept that payment. Several parties get a cut of that fee, including the bank that issued your credit card. …

Mar 2, 2024 · Learn more about interchange fees and how interchange works. See the latest interchange fees, rates, and updates from credit card networks and processors.

Mar 7, 2025 · Interchange rates are updated biannually, typically in April and October, to reflect changes in market conditions, card usage, and regulatory factors. This pricing model is known as interchange …

Every time you accept a credit card at your business, you pay a fee to a credit card processor. That fee has three parts: interchange, assessments, and processor markup. Interchange is the largest part, …

May 9, 2025 · Interchange fees are a critical—but often misunderstood—component of credit card merchant processing. Every time a customer swipes their card, a small fee is deducted and …

Apr 3, 2022 · Understand interchange fees and how they affect your processing costs to help your business save more.