Domestic interchange fees.
What does interchange mean?
Interchange is the fee that the cardholder’s bank (the “Issuer”) charges for the provision of card payment services, this can include card holder services, reward schemes, processing costs and fraud protection. The fee is charged to the financial institution that processes card transactions on behalf of a merchant (the “acquirer”). This is a variable fee set by the card schemes. Find out more about merchant service fees here.
- Mastercard - Consumer credit & commercial products
- Mastercard - Consumer debit products
- Mastercard - Consumer prepaid products
- Visa - Consumer credit products
- Visa - Consumer prepaid products
Visa domestic interchange fees - Consumer prepaid products.
Take a look at our business transaction and service fees brochure.