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
- Banking Of Things (BoT) Definition
- Electronic Wallet (e-Wallet) Definition
- Proof-of-Burn (PoB) Definition
- Halving Definition
- Bancassurance Definition

