(redirected from Interchange Reimbursement Fee)
IRFInterferon Regulatory Factor
IRFImposto de Renda na Fonte (Portuguese: Income Tax at Source)
IRFInternational Religious Freedom
IRFInternational Road Federation
IRFImpulse Response Function
IRFInpatient Rehabilitation Facility (CMS)
IRFIntelligent Resilient Framework (Hewlett-Packard)
IRFInstitut for Rationel Farmakoterapi (German)
IRFInherited Rights Filter
IRFInherited Rights Filter (Novell)
IRFInternational Rhino Foundation
IRFInternational Rectifier Corporation
IRFIndia Radio Forum (India and Singapore)
IRFInternational Rafting Federation
IRFIntermediate Routing Function
IRFInformation Resource File
IRFInstitute of Retirement Funds
IRFInterest Rate Future (finance)
IRFIslamic Research Foundation
IRFInformation Retrieval Facility (Vienna)
IRFIntegrated Research Facility
IRFIncident Report Form
IRFInitial Response Force
IRFIsland Resources Foundation
IRFInformation Request Form
IRFInstitut für Roboterforschung (German)
IRFInstitute for Regional Forecasting (University of Houston)
IRFInternational Renaissance Foundation
IRFInstitut für Religionsphilosophische Forschung (German: Institute for Philosophy of Religion)
IRFImmediate Reaction Forces (NATO; US DoD)
IRFInternal Relay Fault (transformers)
IRFInternational Rogaining Federation
IRFIndividual Rights and Freedoms
IRFInteger Register File
IRFInformation Retrieval Framework
IRFInternational Ranger Federation
IRFIntegrated Regional Framework (UK)
IRFInternational Racquetball Federation
IRFInstrument Response Function
IRFInternational Rail Forum
IRFInstitutionally Related Foundations (CASE conference)
IRFInitial Reaction Force
IRFIndividual Rights Foundation
IRFInternational Research Foundation
IRFInternational Regulators Forum (Norway)
IRFInterchange Reimbursement Fee (credit card processing)
IRFInstitute of Religious Formation (various locations)
IRFInternal Requisition Form
IRFIn-Room Fitness (Program)
IRFInternationale Ratten Fokkers/Fanclub (Dutch)
IRFImmediate Response Forces
IRFInstitute of Robotics Research (University of Dortmund)
IRFInternational Racing Federation
IRFInspectie der Rijksfinancien (Dutch)
IRFInstitute for Rural Futures
IRFIdaho Research Foundation (University of Idaho)
IRFInterdepartmental Recovery Fund (Canada)
IRFIrrigation Research Foundation
IRFInternational Ringette Federation
IRFIstituto Ricerca e Formazione (Italian)
IRFIncineration Research Facility (US EPA)
IRFInformatik Roeing und Fritze (German)
IRFInternational Relief Foundation
IRFIntrinsic Random Function
IRFInternational Religious Fellowship
IRFIncorrect Read Fault
IRFInternet Relay Forces
IRFIowa Retail Federation
IRFInstitutet for Rymdfysik (Swedish Institute of Space Physics)
IRFInformation Reduction Factor
IRFInternational RustFest
IRFIndia Renal Foundation
IRFInternet Race Finder (online gaming)
IRFInterference Reduction Factor (radio)
IRFIron Rod Found
IRFInterreligiöses Forum Basel (German)
IRFInternal Routing Form
IRFInstituto del Riesgo Financiero (Spanish)
IRFInstrument Response File
IRFInterrogation Repetition Frequency (communications signalling)
IRFInstallation Reuse Forum
IRFInnovation and Research Focus
IRFInternational Real Fair
IRFInvocation Request Form
IRFInterférences en Radio-Fréquences (French)
IRFInsurance Reinvestment Fund
IRFInteraction Round the Face (quantum field theory)
IRFInspektionsrauchfangkehrerfahrzeug (German)
IRFInter-Receiver Fairness (networking)
IRFIntraretinal Fluid (ophthalmology
IRFIntrasis Raw File
IRFIntroduccion al Reconocimiento de Formas (Spanish)
IRFInside Right Forward (soccer)
IRFInterpretation Request Form
IRFInstrumentation Resources Facility
IRFIntegrated Research File
IRFInstructor Rating Form
IRFInterview Rating Form
IRFInternational Roaming Facility
IRFInstitut de Recherche Fondamentale (French: Institute of Fundamental Research)
References in periodicals archive ?
In the early 1980's, Visa successfully fought a price-fixing challenge in the United States to the so-called interchange reimbursement fee.
This resentment has been stoked over the years by a creep upwards in those fees, due to increases in the amount of the interchange reimbursement fee paid by Acquirers to Issuers for every transaction, which the Acquirer passes along to the merchant.
Since these member banks were also very large Issuers, they began to view the interchange reimbursement fee not as a revenue reallocation mechanism to ensure success of the system, but as a demand-driven pricing scheme to collect as much revenue from merchants as the market would bear.
Visa and MasterCard, and their member banks, have been sued by groups of merchants on the grounds that the interchange reimbursement fee constitutes price-fixing or other anticompetitive behavior, seeking to overturn the court precedent from the 1980's finding that it was not.
Interchange reimbursement fees are what a retailer's bank or merchant services provider pays credit card companies for processing card transactions.
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