Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the easy definition of the interchange rate for credit cards?

Prioritisation Credit Cards Credit Administration Smart Cards Economics
user-image
Question added by Deleted user
Date Posted: 2016/01/12
Upvote (0) Views (0) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Noha Rifai
by Noha Rifai , head of product development and management , areeba

It is the fee paid by acquirers to issuers upon usage of the issuers's card on pos machines

Write Your Answer
More Questions Like This