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Terms that begin with I

Interchange Reimbursement Fee

An interchange reimbursement fee may be a fee that an acquirer pays to an issuer in the clearing and settlement process of an interchange transaction, based on either the standard (manually processed) rate or electronic rate. Or, a fee that an issuer pays to an acquirer for making a cash disbursement to a cardholder or check purchaser.

Previous Credit Card Term: Interchange Rate

Next Credit Card Term: Interest Rate

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.