Interchange

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Dictionary Says

Definition of 'Interchange'

A transfer of information from one computer to another electronically. In business this typically refers to a Electronic Data Interchange (EDI), which is a system used to communicate business and financial transactions between parties. EDI usually takes the form of direct transactions between computers, databases and order systems.
Investopedia Says

Investopedia explains 'Interchange'

The development of the internet gave EDI a real shot in the arm. Nevertheless, many EDI transactions use XML format instead of traditional EDI data formats such as X12 or EDIFACT. These transaction are sent via web using standard http protocol. Interchange can also refer to a web application server for e-commerce which is used to build customized e-commerce solutions.
Search results for

'Interchange'

  • Bank Revenues Threatened By New Interchange Fees

    http://stocks.investopedia.com/stock-analysis/2011/Bank-Revenues-Threatened-By-New-Interchange-Fees-RF-HBAN-PNC-WFC0426.aspx
    Proposed rules from the Federal Reserve on debit interchange fees received by banks
    will lead to sharp drops in revenue for the banking industry. ...

  • The Truth About Credit Card Swipe Fees - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0711/The-Truth-About-Credit-Card-Swipe-Fees.aspx
    ... It's called the interchange fee, but politicians changed the name to the swipe fee. ...
    At that time, the merchant is charged an interchange or swipe fee. ...

  • Feds Nickel And Dime The System

    http://stocks.investopedia.com/stock-analysis/2010/Feds-Nickel-And-Dime-The-System-V-MA-WFC-BAC-TCB-AXP-USB1221.aspx
    A proposal to chop interchange fees could lead to
    a wide range of unintended consequences. ...

  • Green Dot Looking Black And Blue

    http://stocks.investopedia.com/stock-analysis/2011/Green-Dot-Looking-Black-And-Blue-GDOT-NTSP-WU-WMT-MA0808.aspx
    ... For Now Looking at the new rules for interchange fees and Green Dot management's
    comments on the matter, it looks like the company will be largely exempt from ...

  • Paradigm Shift For Plastic?

    http://stocks.investopedia.com/stock-analysis/2010/Paradigm-Shift-For-Plastic-V-MA-AXP-DFS-COF0914.aspx
    ... hand, traded in its 52-week mid-range, at around $41 a share, as there is some industry
    feeling that, as the premium brand for card interchange, there will be ...

  • A Tale Of 3 Banks

    http://stocks.investopedia.com/stock-analysis/2010/A-Tale-Of-3-Banks-USB-MTB-WFC-STD-AIB0727.aspx
    ... rules like the Card Act and Regulation E are going to significantly impact (reduce)
    the fees that banks can garner from card interchange fees, overdraft ...

  • US Bancorp Standing Out And Outstanding

    http://stocks.investopedia.com/stock-analysis/2011/U.S.-Bancorp-Standing-Out-And-Outstanding-USB-WFC-TCB-C-BAC-BK-STT0725.aspx
    ... True, changes to regulations concerning card interchange fees and bank service fees
    are going to eliminate some lucrative profit buckets and reduce that ...

  • Tips For Series 7 Options Questions

    http://www.investopedia.com/articles/professionaleducation/06/Series7Options.asp
    ... can be replaced by the terms "long" or "hold." The term "sell" can be replaced by
    the terms "short" or "write." The exam will frequently interchange these terms ...

  • A Primer On Investing In The Tech Industry

    http://www.investopedia.com/articles/stocks/10/primer-on-the-tech-industry.asp
    ... in the neighborhood of $150 billion a year in revenue, and that did not include
    the value from electronic funds transfer, marketing, data interchange or online ...

  • The Banking System: Commercial Banking - How Banks Make Money ...

    http://www.investopedia.com/university/banking-system/banking-system3.asp
    ... That said, credit card lending delivers lucrative fees for banks: Interchange fees
    charged to merchants for accepting the card and entering into the transaction ...

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