Agentic Economy Glossary
What is Interchange Revenue?
Fees card networks charge per transaction; what Category A protocols defend.
Last updated · Curated by Rene Dechamps Otamendi
In depth
Interchange is the fee Visa/Mastercard collect per transaction, typically 1-3% of transaction value. In Category A (agent-assisted commerce), these fees flow to agents, merchants, and card networks. Protocol design fights to protect interchange revenue because it funds the settlement infrastructure. If agents bypass these networks entirely (via blockchain), interchange disappears and card networks lose revenue. This is why Stripe and Cloudflare are investing in x402—to preserve their position.
Why it matters
- Card network fees
- 1-3% per transaction
- Category A focus
- Revenue model
- Protocol competition
Related terms
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See how Interchange Revenue maps to specific sources across the 51 definitions.