Visa Interchange Rates 2024: What You Need to Know
Stax
JANUARY 31, 2024
Visa interchange rates are the fees charged by Visa to process transactions between issuing banks and merchants. Visa sets these rates, and they’re non-negotiable for merchants. They cover the costs of managing the network, ensuring security, and facilitating the transfer of funds between banks. The fee is 0.0075%.
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