Card scheme fees

The Interchange++ (IC++) pricing model breaks down transaction fees into three components: the interchange fee (which goes to the card issuing bank), the scheme fee (which goes to Visa or Mastercard), and the acquirer fee. Below is a breakdown of the applicable scheme fees.

Mastercard Scheme Fees

EU & UK-based Merchants

Domestic Fixed Domestic % Intra Fixed Intra % Inter Fixed Inter %
POS
€0.01
0.08%
€0.02
0.10%
€0.13
0.60%
Ecommerce*
€0.02
0.08%
€0.03
0.125%
€0.14
0.75%

* If 3D Secure is not enabled, an additional 1 cent is charged on scheme fees.

Visa Scheme Fees

EU-based Merchants

Domestic Fixed Domestic % Intra Fixed (excl. UK) Intra % (excl. UK) Inter Fixed Inter %
POS Debit Card**
€0.01
0.01% - 0.028%
€0.02
0.01% - 0.028%
€0.11
0.46% - 0.478%
POS Credit Card**
€0.01
0.014% - 0.033%
€0.02
0.014% - 0.033%
€0.11
0.464% - 0.483%
Ecommerce Debit Card***
€0.01
0.028%
€0.02
0.028%
€0.11
1.028%
Ecommerce Credit Card***
€0.01
0.033%
€0.02
0.033%
€0.11
1.033%

UK-based Merchants

Domestic Fixed Domestic % Intra Fixed Intra % Inter Fixed Inter %
POS Debit Card
€0.01
0.018%
€0.02
0.10%
€0.11
0.46% - 0.478%
POS Credit Card
€0.01
0.023%
€0.02
0.10%
€0.11
0.464% - 0.483%
Ecommerce Debit Card***
€0.01
0.028%
€0.02
0.25%
€0.11
1.028%
Ecommerce Credit Card***
€0.01
0.033%
€0.02
0.25%
€0.11
1.033%

** Based on the merchant country, merchants may incur an additional scheme fee, which could be as low as 0.0025% (Norway or Denmark), or in some countries (Poland, Romania) as high as 0.05%.

*** If 3D Secure is not enabled, an additional 2 cents is charged on scheme fees.

The above scheme fees are valid as of 16 October 2021, and they are subject to change.