-
DFA (Dodd-Frank Act)
The Dodd-Frank Act was made effective in 2010 to promote financial stability in the U.S. by increasing accountability and transparency.
Learn More
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 receive when they accept electronic payments.
Related Terms
-
FCRA (Fair Credit Reporting Act)
The Fair Credit Reporting Act protects consumers from inaccurate information that may be found within credit reports.
Learn More
