Interchange Fee

The fee paid by the acquirer to the issuer to compensate the issuer for the costs and risks of the transaction. It's the largest component of your processing costs.

Key points:

• Set by card networks (Visa, Mastercard), not negotiable
• Varies by card type, MCC, and transaction type
• Can be optimized by qualifying for lower rate categories

Learn more: Interchange Reference | Interchange Optimization | Understanding Fees