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Interchange
Interchange is a small fee paid by a merchant's bank (acquirer) to a cardholder's bank (issuer) to compensate the issuer for the value and benefits that merchants...
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CFPB (Consumer Financial Protection Bureau)
The Consumer Financial Protection Bureau (CFPB) is a government agency that is responsible for protecting consumers from questionable financial practices.
Related Terms
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PBR (Consumer Cross-Border Payment)
A PBR entry is a debit or a credit entry to or from the account of a consumer where the participants are in two different countries.
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