credit interchange
1Interchange fee — is a term used in the payment card industry to describe a fee that a merchant’s bank (the “acquiring bank”) pays a customer’s bank (the “issuing bank”) when merchants accept cards using card networks such as Visa and MasterCard for purchases. In… …
2Credit card hijacking — is a form of credit card fraud and the term is used when a person’s credit card is used by some unauthorized person (e.g. a thief or overaggressive vendor) to buy goods or services. The credit card owner usually has trouble reasserting control… …
3Interchange Plus — is the common name for a pricing structure for accepting credit card transactions by merchants.The Interchange fee is an important factor in determining the actual cost of accepting creditcards. In Europe, the most common commercial contract… …
4interchange fee — noun One charged by the issuer of a debit or credit card for processing a transaction made with it • • • Main Entry: ↑interchange …
5Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …
6Credit card fraud — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …
7Interchange Rate — A fee charged by banks that covers the cost of handling and credit risk inherent in a bank credit or debit card transaction. Interchange fees are usually paid to the bank funding a transaction and thus bearing the risk. The fee itself is… …
8Interchange — An interchange is a location where two things meet, usually perform some kind of exchange, and possibly go on their ways again. It is used in a number of different contexts. Interchange may refer to:Transportation* Interchange (road), a… …
9Credit card balance transfer — A credit card balance transfer is the transfer of the balance (the money) in a credit card account to an account held at another credit card company.[1] Contents 1 Overview 1.1 Normal rate …
10Credit limit — A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline). For example, it is the most that …
