I
| Term | Definition |
|---|---|
| Interchange Fees |
Fees generally collected from Acquirers on the value of their card sales and paid to Issuers. |
| Interchange Network |
An electronic network maintained by DIscover®, MasterCard® or, VISA® that exchanges data relating to the value of card sales and credits among Issuers and Acquirers. |
| Issuer |
Any Discover®, MasterCard® or, VISA® member, or a commercial organization that establishes and maintains customer credit lines that are accessed through the use of a card. (Public and private companies and financial institutions that offer card-accessed lines of credit to consumers and businesses.) |
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