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 the fee set by and collected by the Card Association from Your financial institution (Acquiring Bank) and paid to the issuing financial institution (Issuing Bank) to cover expenses incurred in billing the cardholder.
interchange fee means a fee paid between the payer’s PSP and the payee’s PSP for direct debit transactions;
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 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 a fee established, charged, or received by a payment card network for the purpose of compensating the issuer for its involvement in an electronic payment transaction.
interchange fee means the fee set by and collected by the Card Association from Your financial institution (Acquiring Bank) and paid to the issuing financial institution (Issuing Bank) to cover expenses incurred in billing the cardholder. “IP Address” means an internet address usually represented in dotted decimal, e.g. “127.0.0.1”. “Issuing Bank” means the financial institution that issues Card Association branded Payment Cards directly to consumers. “PCI DSS” means Payment Card Industry Data Security Standard. “Privacy Policy” means the then current Payment Gateway Privacy Policy which can be found on the internet at xxxxx://xxx.xxx.xxx/privacy-policy “Return Payment Fee” is a fee charged to You by Payment Gateway on each occurrence when Payment Gateway is unable to collect fees on Your Account for any reason, including but not limited to insufficient funds, closed account, or any other negative response.
interchange fee means a fee paid between the PSPs of the payer and of the payee for direct debit transactions;