Interchange

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An interchange is a location where two things meet, usually perform some kind of exchange, and possibly go on their ways again. It is most commonly used in four contexts:

  • Transportation:
  • Computers:
  • Sports:
  • Banking:
    • Interchange refers to the money paid to the debit or credit card issuer for every transaction. In the United States, interchange is the most substantial component of fees charged for electronic payment.

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