It is set by the card schemes and varies significantly by card type. Consumer debit may sit below 0.3%, while commercial credit cards can exceed 2%, particularly on unregulated or cross-border transactions.
This variation is becoming more relevant as transaction profiles shift.
Many businesses are now seeing a higher proportion of commercial cards and international payments, which increases overall interchange exposure.
What makes this challenging is that interchange cannot be negotiated.
However, understanding how it is structured within your transaction data is essential, particularly as its influence on total cost continues to grow.
If costs have increased recently, reviewing interchange composition is often the first step in understanding why: https://lnkd.in/ef5kiAcD
