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Data, insights and news on global Payments.
Interchange fees are the costs applied to a merchant when a customer makes a credit or debit card payment. The fee is collected by the payment acquirer and then apportioned to the card issuer, card network and acquirer. Example of interchange fees? For an EUR 100 card payment the unit economics
According to NASDAQ, USD 3.1tn in illicit flows and money laundering activity flowed through the global financial system in 2023. The most prevalent money laundering crimes were USD 783bn in drug trafficking, USD 347bn in human trafficking and USD 12bn in terrorist financing. Money laundering estimates are the money flowing […]