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The interchange fee is what's paid between banks. Your payment processor (Stripe, Paypal, Square, WorldPay etc) essentially act as middlemen who occasionally p
by nimish 8y ago
The interchange fee is what's paid between banks.
Your payment processor (Stripe, Paypal, Square, WorldPay etc) essentially act as middlemen who occasionally provide extra value.
Depending on your volume and their product offering you could get interchange + pricing.