Also appears as: Interchange
Interchange is the mixed-case form of the same label confirmed in the Electronic Payments source documented in this entry. Interchange Fee and Interchange Fees are related labels that may appear across different statement formats but have not been confirmed as equivalent to INTERCHANGE on any single named processor's published statement key beyond the Electronic Payments source reviewed. They should be treated as unconfirmed related labels.
A label that appears in the fee section of some payment processing statements. On Electronic Payments' published sample statement, INTERCHANGE appears in the Fees Charged section and is associated with card associations. The label INTERCHANGE alone does not establish the applicable interchange category, rate, issuing-bank recipient, processor markup, or whether the amount shown is correct.
Electronic Payments' published walkthrough states that INTERCHANGE appears in the Fees Charged section of its sample statement and is associated with card associations. This entry relies on the provider's prose description of the statement image; the embedded screenshot was not independently read during research. This interpretation is specific to the Electronic Payments statement format reviewed.
Visa and Mastercard publish interchange rate information and explain that interchange is generally paid by acquirers to issuing banks — the merchant discount is separately established between the merchant and the acquirer. This fund-flow context is drawn from those publications and describes where money moves; it does not establish what the INTERCHANGE label means on any specific processor's statement.
This clarification is drawn from Visa and Mastercard interchange publications. See source notes below for scope.
Cannot be determined from this label alone. Contact your processor.
Recurring or event-triggered
In the Electronic Payments example, the label is associated with statement-period transaction activity. The label alone does not establish how another provider presents or bills interchange.
These questions require information beyond the label itself.
“Which interchange categories and rates make up this amount, and where can I see the corresponding transaction detail?”
Electronic Payments blog post authored by Michelle Richter, Director of Merchant Support (published 2024-10-15; revised 2025-03-14; accessed 2026-07-29). Electronic Payments' published walkthrough states that INTERCHANGE appears in the Fees Charged section of its sample statement and is associated with card associations. This entry relies on the provider's prose description of the statement image; the embedded screenshot was not independently read during research. This interpretation is specific to the Electronic Payments statement format reviewed.
Visa publishes interchange reimbursement fee rates by card type and transaction category. Fund-flow context: interchange is generally paid by acquirers to issuing banks; the merchant discount is separately established between the merchant and the acquirer. This source is used for fund-flow clarification only and does not establish what the INTERCHANGE label means on any specific processor's statement. Page last revised 2023-04-14. Accessed 2026-07-29.
Mastercard publishes interchange rate information by card type and merchant category. Mastercard states that interchange rates are typically updated semiannually and that its website may not always be current in every respect. Mastercard encourages merchants to speak with their acquirer or other card-acceptance service provider about interchange rates or their card-acceptance agreement. Fund-flow context: interchange is generally paid by acquirers to issuing banks; the merchant discount is separately established between the merchant and the acquirer. This source is used for fund-flow clarification only and does not establish what the INTERCHANGE label means on any specific processor's statement. Publication or revision date not stated. Accessed 2026-07-29.
Research date: 2026-07-30. Verify all information directly with your processor.
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