Glossary | Assessment

Assessment:

A fee charged by the network to both issuing and acquiring banks in addition to the interchange fee. Assessments are how the networks generate revenue, taking a fee from each bank for every transaction.

CA Consumer Notice Privacy Policy Terms Licenses

Westbon Inc. (dba Boro) NMLS No. 1635300. NMLS Consumer Access

Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016, issued by Department of Insurance and Financial Services. Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521

Boro Glossary

Assessment:

Boro It Up!