Credit card terms and glossary - Interchange fee


	CreditCardGuide > Glossary > Interchange fee Credit Card Glossary Puzzled by credit card jargon? Browse the CreditCardGuide.com glossary for the definitions of common and confusing credit card terms. All 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Interchange fee A payment that the bank that issues your credit card collects from the bank that handles the credit card transaction (the merchant's bank) when your card is accepted as payment for goods or services. The merchant's bank generally kicks this fee back to the merchant.

Interchange fee