Interchange Fees Explained: How Credit Card Fees Work

Ever wonder why businesses pay fees for accepting card payments? In this video, I break down everything you need to know about interchange fees – the hidden charges in every card transaction that affect merchants, banks, and cardholders.

Learn how Visa, Mastercard, and other card networks set these fees, why they exist, and how they impact the cost of doing business.

🔍 What you’ll discover:
(1) Elements of credit card transactions fee in a Four Party Model
(2) Factors affecting the interchange fee
(3) How card networks, banks, and merchants profit from these fees
(4) Can businesses affect these fees

Subscribe for more videos on personal finance, fintech, and business insights.

#InterchangeFees #CreditCardProcessing #PaymentIndustry #Fintech #MerchantFees