• Interchange is a part of the system that makes electronic payments possible.


Interchange is the transfer rate exchange between the retailer’s financial institution (an acquirer) and the cardholder’s financial institution (an issuer) every time a Visa payment product is used.

Top-down view of a woman using a tablet
Street view of cars in motion
Close-up of customer paying merchant with a Visa card
Woman shopping
Diagram showing a card transaction process

Woman paying merchant with Visa card
Close-up of someone typing on a desktop computer