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.
Interchange fees now comprise a substantial share of the income these companies make on credit cards. In 2004, card issuers took in $28 billion in interchange. By 2008, that figure had shot up to $48 billion.hese fees, known as interchange, are set by the credit card processors: Visa, MasterCard, and American Express, which together control 93% of all card transactions in the United States. Businesses that want to accept credit cards have no other choice but to pay these fees.