Visa Interchange Fees definition

Visa Interchange Fees means, in respect of a day, the aggregate amount of fees paid or payable to the Seller on such day in respect of all Visa Accounts from other financial institutions that clear Visa transactions for merchants after any netting or set-off occurs; as the basis for calculating the same may be adjusted from time to time in accordance with the Pooling and Servicing Agreement.
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Visa Interchange Fees for any day, the aggregate amount of service fees and assessments payable at the close of business on such day to Visa Canada or Visa International in connection with Card transactions processed for CIBC Merchants.
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Visa Interchange Fees means, in respect of a day, the aggregate amount of fees paid or payable to the Seller on such day in respect of all Visa Accounts from other financial institutions that clear Visatransactions for merchants after any netting or set-off occurs; as the basis for calculating the same may be adjusted from time to time in accordance with the Pooling and Servicing Agreement.
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Examples of Visa Interchange Fees in a sentence

  • Because the Member Banks that were represented on the Visa Board of Directors were all members of MasterCard before the IPOs, and issued MasterCard Payment Cards, they had a profit motive to ensure that MasterCard Interchange Fees increased in step with Visa Interchange Fees.

  • The level of Visa Interchange Fees relative to Visa’s market capitalization makes this point.

  • Because the Member Banks that were represented on the MasterCard Board of Directors were virtually all members of Visa before the IPOs, they had a profit motive to ensure that Visa Interchange Fees increased in step with MasterCard Interchange Fees.

  • The trend towards uniformity in pricing among dual Visa and/or MasterCard Member Banks has also been facilitated and exacerbated because - before the IPOs - Visa Member Banks collectively fixed the Visa Interchange Fees and contemporaneously, acting as MasterCard members, collectively fixed the MasterCard Interchange Fees.

  • Visa’s uniform Operating Regulations (including Section 9.4 entitled “Interchange Reimbursement Fees), issued May 15, 2000, and Visa’s OpRegs (including Section 9.5), re-issued November 15, 2008, and other agreements pertaining to the fixing of Visa Interchange Fees and other anticompetitive restraints were adopted, ratified, agreed to and implemented by Defendants and their co-conspirators.

  • Negligible influence of an increased air injection rate on DR was observed forall flow geometries (Fukuda et al.

  • AFlat rate of 2.23 (includes Visa Assessment of 0.08 ) TOTAL: 2.23 plus applicable dues In the example above, the following dues are assessed by Visa whenever applicable: 0.40 Visa International Acquirer Service Fee (Multi-Currency POS)0.80 Visa International Acquirer Service Fee (Single Currency POS) ACOST PLUS PRICING EXAMPLE:In this example, a Visa Business -Recurring Credit Card with an Interchange Fee of 1.85 was used for payment (please refer to Visa Interchange Fees Table).