01 Feb Credit Card Processing – What is Interchange?
Credit Card Processing
What is Interchange?
Interchange is the name for the fee schedule of all the different categories of cards issued through the card brands. Each individual card type, issued by banks falls under one of those categories. In this video Ryan Cabrera, from the TampaBay, FL based merchant service provider, Precision Payments, explains more about Interchange and how it pertains to credit card processing.
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