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Interchange fee: Revision history


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  • curprev 12:3612:36, 30 July 2022Aapeliv talk contribs 26,408 bytes −454 remove interpretation of the fees: it's unsourced, hard to follow, sounded too authoritative, and the reason for these fees is discussed in the article anyway undo

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  • curprev 06:1706:17, 3 December 2018LittleHans talk contribs 25,401 bytes +454 Added: Thus, the Interchange Fee is understood to be mainly the compensation for the Issuing Bank for the statement accumulation period and the post-statement 'Grace Period'. In substance, it is best viewed as the discounting of merchants' receivables until the 'Payment Due Date' when the customer settles the bill either from own sources, or the credit line inherent in the card automatically pays it, and the bank starts charging credit card interest on it. undo Tag: Visual edit

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