Nura Eston July 9, 2021 Have you ever wondered what interchange is, and why you’re charged fees for it? Here’s what you need to know. What is interchange? When a customer makes a purchase using a credit or debit card, your business pays a fee to a credit card processor. That fee is made up … Continue reading Interchange Basics: How Does It Work, and Where Does the Money Go?
Tag Archives: Interchange
Why Electronic Data Interchange is a Missed Opportunity for the Mid-Market
by Kevin BeasleyAugust 10, 2016 In today’s global market, companies routinely face obstacles when attempting to broker sales in different languages. Differing currencies can create sales headaches, but language barriers can be an even greater impediment to securing agreements. Fortunately for us humans, our computer colleagues have been speaking the same language for decades, and … Continue reading Why Electronic Data Interchange is a Missed Opportunity for the Mid-Market