Like any valuable service, electronic payment systems do have costs associated with them. One of those costs is interchange, a relatively small fee paid to card issuers by card acquirers. Interchange covers a portion of the many expenses issuers incur to create the benefits merchants enjoy when they accept payment cards. Interchange plays a vital role in balancing the needs of consumers and merchants, allowing for all parties to receive the highest value and benefits at the lowest costs. To learn more about the interchange system and its benefits, check out the resources below.