Interchange - Revision history

imported>Doug Williamson: Amend wording.

2021-07-01T09:20:08Z

Amend wording.

← Older revision		Revision as of 09:20, 1 July 2021
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	They include transaction fees for debit cards and turnover fees for credit cards charged by the card acquirer that processes card payments on behalf of the retailer.		They include transaction fees for debit cards and turnover fees for credit cards charged by the card acquirer that processes card payments on behalf of the retailer.

	Interchange charges are often negotiable and depend on the ~~volumes~~ of transactions, the average transaction size, the method of processing and the credit quality of the transactions.		Interchange charges are often negotiable and depend on the volume of transactions, the average transaction size, the method of processing and the credit quality of the transactions.

imported>Doug Williamson: Remove surplus link.

2021-06-23T03:29:13Z

Remove surplus link.

← Older revision		Revision as of 03:29, 23 June 2021
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	* [[Emerging Payments Association]]		* [[Emerging Payments Association]]
	* [[Information technology]]		* [[Information technology]]
	* [[Interchange Fee Regulation]]
	* [[Pay]]		* [[Pay]]
	* [[Payment]]		* [[Payment]]

imported>Doug Williamson: Create page. Sources: linked pages.

2021-06-23T01:35:14Z

Create page. Sources: linked pages.

New page

1. ''Payments - cards - charges.''

Interchange fees or charges relate to credit cards, debit cards, and other cards.

Interchange charges are levied by the merchant acquiring company (normally a bank or other financial institution that "buys” the transactions from the retailer at a discount).

They include transaction fees for debit cards and turnover fees for credit cards charged by the card acquirer that processes card payments on behalf of the retailer.

Interchange charges are often negotiable and depend on the volumes of transactions, the average transaction size, the method of processing and the credit quality of the transactions.

2. ''Information technology.''

The transmission or exchange of electronic information, usually following a prescribed format such as ASCII.

3. ''Exchange and substitution.''

Any mutual transfer or substitution, either virtual or physical.

== See also ==
* [[Acquirer]]
* [[ASCII]]
* [[Credit]]
* [[Credit card]]
* [[Debit card]]
* [[Emerging Payments Association]]
* [[Information technology]]
* [[Interchange Fee Regulation]]
* [[Pay]]
* [[Payment]]
* [[Payments and payment systems]]
* [[PSOR]]
* [[Receipt]]
* [[Remittance]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]