Interchange
The fee paid by the acquirer to the issuer for each card transaction, set by the network.
Related terms in Card Payments
Continue reading
Related across the knowledge graph
Cross-collection links surfaced by semantic relevance.
- How It WorksRead →
How Card Payments Work
From tap to settlement, the four-party model behind every card transaction.
- GlossaryRead →
Acquirer Reference Number
A network identifier used to trace a specific card transaction across the settlement lifecycle.
- StatisticsRead →
Contactless Payment Statistics
Adoption, transaction share, and ticket-size trends for tap-to-pay.
- GlossaryRead →
Acquirer
A bank or processor that enables merchants to accept card payments and settles funds from the card networks.
- GlossaryRead →
Chargeback
A consumer-initiated reversal of a card transaction processed through the network's dispute mechanism.
- TopicRead →
Tokenization
Replacing sensitive credentials with cryptographic surrogates.
- TopicRead →
Merchant Systems
Acquiring, gateway, vault, and the modern merchant stack.
- GuideRead →
Real-Time Payments for Product Teams
How real-time rails differ from card and ACH, and what that means for product, ops, and risk.