Glossary Travel payments glossary

Interchange fee

A card processing fee paid between the acquirer and the issuer.

What it means

Interchange is one component of card payment cost and is usually influenced by card type, region, channel and scheme rules.

Why it matters in travel

Travel businesses can see very different costs across corporate, international, credit and debit card payments.

How felloh helps

felloh keeps payment cost evidence tied to bookings so finance teams can understand payment margin and cost recovery.

Connect the term to the booking trail.

See how payments, settlement, refunds and reporting evidence connect around every booking.