interchange
Definition 1
Standards based exchange of transaction data and money among banks participating in a bank card network such as those managed by Visa and MasterCard associations. It allows a cardholder to access his or her account from multiple ATMs and to make purchases at any participating merchants.
Definition 2
Transfer of cargo and equipment (aircraft or ships) from one carrier to another.
Definition 3
Agreement among interconnected electric utilities to buy, sell, and/or exchange surplus power among themselves.
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