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Source: Live Mint Credit card swipe charges, also termed as interchange fees. These are charges imposed on a user every time they use their credit cards for transactional purposes. These charges cover operational expenses such as fraud prevention, processing along with taking care of payment infrastructure. They are controlled and determined by card networks such…
Source: Live Mint It is essential for every credit card user to understand various fees to ensure cost-effective use. Credit card swipe charges, also known as interchange fees, are one such fee, which is charged every time a transaction is made through a credit card. The card network determines this fee. It covers several costs,…
Source: Live Mint It is essential for every credit card user to understand various fees to ensure cost-effective use. Credit card swipe charges, also known as interchange fees, are one such fee, which is charged every time a transaction is made through a credit card. The card network determines this fee. It covers several costs,…
