Interchange Fee (IF) Definition

Interchange Fee (IF)

Definition of what Interchange Fee (IF) stands for (in finance):

A fee paid between banks for processing card transactions, typically charged by the acquirer to the issuer.

More Term Definitions

• BlockDAG (Block Directed Acyclic Graph) Definition
• Web Application Definition
• Startup Phase Definition
• Account Information Service Provider (AISP)
• Ethereum Classic Definition