interchange fees

concept
1 mentions 1 recordings first heard Jan 2022 last heard Jan 2022 ±0 this month

Fees paid by merchants to card issuers for processing transactions

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Anna Maria AndriotisWSJ Your Money Briefing · Credit-Card Lenders Resume Courting Subprime Consumers · 5:12 · Jan 2022
…banks get fee payments from the merchants, something called interchange fees.…
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