Cryptocurrency Q&A How much does interchange fee cost per transaction?

How much does interchange fee cost per transaction?

Michele Michele Thu Sep 05 2024 | 6 answers 1277
Could you please elaborate on the typical cost of an interchange fee per transaction? I'm interested in understanding the range of fees charged for different types of transactions and the factors that might influence the final cost. Is there a standard percentage or is it variable depending on the merchant's agreement with the payment processor? Additionally, how do these fees compare to other transaction costs associated with cryptocurrency or traditional financial transactions? How much does interchange fee cost per transaction?

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