Banking
Card Interchange Income — Issuer Revenue
Earning interchange income when a cardholder makes a purchase at a merchant.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Card Scheme Settlement Receivable | Asset (+) | 12,000.00 | - |
| Card Interchange Income (Issuer) | Revenue (+) | - | 12,000.00 |
💡 Accountant's Note
The issuing bank earns interchange (typically 1-2% of transaction value) from the acquiring bank on every card purchase. This is the primary revenue driver for credit card portfolios and is recognized when transactions are processed.
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