Card Scheme
Card schemes, often referred to as card schemes outside the US, are the rule-setting organizations that operate the infrastructure enabling card payments.
Card schemes, often referred to as card schemes outside the US, are the rule-setting organizations that operate the infrastructure enabling card payments.
Fee pass-through refers to the process by which acquirers, ISOs, or BIN sponsors recover scheme and other card-related fees from their clients or merchants.
The honor-all-cards rule is a card scheme policy that requires a merchant accepting a card brand to accept all card types within that brand.
Interchange is a transaction-level fee paid by the acquiring bank (a fee) to the issuing bank (as revenue) when a card payment is processed.
Interchange yield represents the effective interchange revenue earned on processed payment volume for a portfolio or segment.
A merchant pricing model defines how payment acceptance costs and revenues are structured, including blended pricing, interchange-plus pricing, and other variants.
Monitoring programs are scheme-defined performance frameworks that measure issuer and acquirer behavior against thresholds related to fraud, disputes, or abuse.
scheme compliance is the ongoing process of interpreting, implementing, tracking, and validating card scheme rule changes, fee updates, and technical requirements.
scheme cost allocation refers to the process of assigning card scheme fees and related costs to clients, merchants, or issuing programs consistently.
scheme fees are charges assessed by card schemes for use of their infrastructure and services.
scheme fee optimization is the process of examining scheme invoices, fee structures, and optional services to identify discrepancies, unnecessary costs, and potential errors.
A scheme incentive agreement is a contractual arrangement between a card scheme and an issuer or acquirer that provides financial incentives in exchange for meeting specific volume, growth, product, or behavioral commitments.
Optional scheme services are fee-based services offered by card schemes that are not required for basic transaction processing.
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