# Interchange Fees Explained: What They Are and Who Pays Them

DevFeed: [Interchange Fees Explained: What They Are and Who Pays Them](<https://devfeed.tech/articles/interchange-fees-explained-what-they-are-and-who-pays-them-9935.md>)

Original publisher: [Read original article](<https://dodopayments.com/blogs/interchange-fees-explained/>)

Author: Aarthi Poonia

Published: 2026-07-19T00:00:00Z

Content type: article

Language: en

Sources: [Dodo Payments Blog](<https://devfeed.tech/sources/dodo-payments-blog.md>)

Topics: [Transactions](<https://devfeed.tech/topics/transactions.md>), [Networks](<https://devfeed.tech/topics/networks.md>), [Software as a service](<https://devfeed.tech/topics/saas.md>)

Tags: [cost](<https://devfeed.tech/tags/cost.md>), [fees](<https://devfeed.tech/tags/fees.md>), [guide](<https://devfeed.tech/tags/guide.md>), [merchant-of-record](<https://devfeed.tech/tags/merchant-of-record.md>), [payments](<https://devfeed.tech/tags/payments.md>), [saas](<https://devfeed.tech/tags/saas.md>), [transactions](<https://devfeed.tech/tags/transactions.md>)

## AI overview

A practical guide to interchange fees: the wholesale cost of card transactions paid by the merchant's bank to the customer's card issuer. It explains who sets and receives interchange, why card type affects costs, how interchange differs from network assessments and processor or Merchant of Record markups, and how interchange-plus and flat pricing affect the true cost of accepting payments.

## Source excerpt

What are interchange fees? A 2026 guide to how card interchange works, what drives the rate, interchange-plus vs flat pricing, and how to lower your true cost.