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An interchange fee is a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank").
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| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Interchange fee | is a | fee paid between banks for the acceptance of card-based transactions | 0.90 | text |
| Visa | instance of | at which time the matter of whether cash and credit prices were to be forced by law to give an advantage to those paying cash.Interchange fees are set by the payment networks | 0.80 | text |
| MasterCard | instance of | at which time the matter of whether cash and credit prices were to be forced by law to give an advantage to those paying cash.Interchange fees are set by the payment networks | 0.80 | text |
| Wal-Mart have the ability to negotiate fee prices | instance of | Many large merchants | 0.80 | text |
| and while some merchants prefer cash or PIN-based debit cards | instance of | Many large merchants | 0.80 | text |
| most believe they cannot realistically refuse to accept the major card network | instance of | Many large merchants | 0.80 | text |
| Interchange fee | related to Australia and New Zealand | In | 0.60 | section |
| Interchange fee | related to Australia and New Zealand | Reserve Bank | 0.60 | section |
| Interchange fee | related to Australia and New Zealand | Australia | 0.60 | section |
| Interchange fee | related to Australia and New Zealand | One | 0.60 | section |
| Interchange fee | related to Australia and New Zealand | Visa | 0.60 | section |
| Interchange fee | related to Australia and New Zealand | MasterCard | 0.60 | section |
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