Energy terms . 2014.
Interchange fee — is a term used in the payment card industry to describe a fee that a merchant’s bank (the “acquiring bank”) pays a customer’s bank (the “issuing bank”) when merchants accept cards using card networks such as Visa and MasterCard for purchases. In… … Wikipedia
transaction — trans·ac·tion /tran zak shən, sak / n 1: something transacted; esp: an exchange or transfer of goods, services, or funds 2 a: an act, process, or instance of transacting b: an action or activity involving two parties or things that reciprocally… … Law dictionary
Interchange Plus — is the common name for a pricing structure for accepting credit card transactions by merchants.The Interchange fee is an important factor in determining the actual cost of accepting creditcards. In Europe, the most common commercial contract… … Wikipedia
interchange fee — noun One charged by the issuer of a debit or credit card for processing a transaction made with it • • • Main Entry: ↑interchange … Useful english dictionary
interchange — I noun alternation, barter, change, exchange, give and take, intercourse, permutatio, rearrangement, reciprocal exchange, reciprocation, requital, retaliation, swap, trade, transaction II index alternate (take turns), barter, bequeath … Law dictionary
Interchange — An interchange is a location where two things meet, usually perform some kind of exchange, and possibly go on their ways again. It is used in a number of different contexts. Interchange may refer to:Transportation* Interchange (road), a… … Wikipedia
Interchange Rate — A fee charged by banks that covers the cost of handling and credit risk inherent in a bank credit or debit card transaction. Interchange fees are usually paid to the bank funding a transaction and thus bearing the risk. The fee itself is… … Investment dictionary
Interchange — A transfer of information from one computer to another electronically. In business this typically refers to a Electronic Data Interchange (EDI), which is a system used to communicate business and financial transactions between parties. EDI… … Investment dictionary
Electronic Data Interchange — (EDI) refers to the structured transmission of data between organizations by electronic means. It is more than mere E mail; for instance, organizations might replace bills of lading and even checks with appropriate EDI messages. It also refers… … Wikipedia
Quicken Interchange Format — (QIF) is an open specification for reading and writing financial data to media (i.e. files). A QIF file typically has the following structure:!Type:type identifier string [single character line code] Literal String Data ... ^ [single character… … Wikipedia
