Today we are announcing support for interchange processing, for both debit and credit transactions via credit or debit cards.

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With this new feature, platforms can now fund user accounts with cards or send disbursements back to the user’s cards.

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Adding support for interchange is straightforward:

1. Create an INTERCHANGE-US node (https://docs.synapsefi.com/docs/interchange-us).
2. Create a transaction either from or to the INTERCHANGE-US node (https://docs.synapsefi.com/docs/create-transaction).

Currently we are supporting Visa, Mastercard, Discover and American Express.

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Pricing for interchange payments is different than regular ACH or Wires. If you wish to enable interchange payments, please reach out to us at help@synapsefi.com.