Learn more about what interchange has to do with YOU.
So what is interchange, in plain English?
Interchange is paid by a merchant’s bank to a customer’s bank or credit union when a merchant chooses to accept a card for payment.
It’s a simple cost of doing business that helps to partially reimburse card issuers for the activities they perform and the risk they take on for each transaction.
Get the facts for yourself.
Don’t be fooled by confusing messages about interchange.
