Table of Contents
    Home / Definitions / Credit Card Interchange
    Ecommerce 1 min read
    The process by which all parties involved in a credit card transaction (i.e., processors, acquirers, issuers and so on) manage the processing, clearing and settlement of credit card transactions, including the assessment, and collection and/or distribution of fees between parties. Also known as Interchange. [Source: Authorize.Net]

    Was this Article helpful? Yes No