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What is the interchange fee?

What is the interchange fee?

Credit card issuers Visa and Mastercard take a fee for every transaction. The bank that issued the card pays the majority of it, but puts a portion of it on the merchant’s bill. This small amount is called the interchange fee.

 

 

 
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First Financial ® Corporate Headquarters 2850 Womble Road Suite 100-604 San Diego, CA 92106

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