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It's common practice within the payment industry. When a refund is issued for a credit card transaction, the interchange fees are (or at least, should be) refun
by Reason077 8y ago
It's common practice within the payment industry. When a refund is issued for a credit card transaction, the interchange fees are (or at least, should be) refunded to the merchant.
This will be particularly true for a large payment processor like PayPal, since they will have a lot of negotiating power when it comes to the transaction/interchange fees they pay.