interchange fee means a fee paid between the payment service providers of the payer and of the payee for each direct debit transaction;
interchange fee means a fee paid for each transaction directly or indirectly (i.e. through a third party) between the issuer and the acquirer involved in a card-based payment transaction. The net compensation or other agreed remuneration is considered to be part of the interchange fee;
interchange fee means interchange fee as defined in point (10) of Article 2 of Regulation (EU) 2015/751;
More Definitions of interchange fee
interchange fee means a fee paid between the payer’s PSP and the payee’s PSP for direct debit transactions;
interchange fee means a fee paid for each transaction directly or indirectly (i.e. through a third party) between the payment service providers of the payer and of the payee involved in a payment card or a payment card-based transaction;
interchange fee means the fee which is paid daily by Bank to the Card Associations for entering Sales Records and Credit Records into their respective settlement networks.
interchange fee means a fee paid between the PSPs of the payer and of the payee for direct debit transactions;
interchange fee means the charge levied and collected in accordance with the Rules with respect to Credit Card transactions.
interchange fee means the fee charged by the Card Scheme to the bank for processing a certain Card type. These fees are the same for all Financial Institutions.
interchange fee means an interchange fee within the meaning of Article 2(10) of Regulation (EU) 2015/751;