heat energy transmitted by electromagnetic waves in contrast to heat transmitted by conduction or convection. A molecule of carbon dioxide traps heat, radiant heat, the long wave end of the spectrum. The substances, how-r, which show themselves thus opaque to radiant heat perfectly transparent to light.
Interchange plus pricing for credit card acceptance is where a merchant service provider's fee is added to Visa, MasterCard or Discover's actual rate for each transaction.n an interchange plus pricing model, a fixed markup in the form of a percentage (or basis points) is added to the actual interchange rate for a given transaction.
A merchant must negotiate a discount fee, most of which is an interchange transaction fee, with the acquiring financial institution in order to process debit card transactions, just as they do for credit card transactions.ccording to the Federal Reserve, the average interchange fee per transaction for all debit card issuers in 2009 was 43 cents. Data collected from the fourth quarter of 2011 indicated that the average interchange fee received by non-exempt issuers declines 45% from the 2009 level to 24 cents.