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Payment Industry Term: ATM Interchange Fee

Payment Industry terms can be confusing. In addition to the hundreds of various interchange fees, payment compliance standards, and complex statements, the merchant is also tasked with understanding industry jargon. ATM Interchange Fee, when used in context with payment processing, means:

ATM Interchange Fee – The fee paid to the Acquirer Member by the Issuer Member for a STAR ATM Transaction as established from time to time by the STAR Network.

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