What does the merchant acquiring fee depend on?

The fee amount is determined based on the company's turnover, the number of retail outlets, and the business sector.

The fee includes:

• interbank fee (IRF);
• payment system fees;
• processing services;
• terminal maintenance;
• additional expenses.
  

The main portion is IRF. The acquiring bank transfers it to the issuing bank. Several factors affect the rate:

• Card category. The higher the card status, the higher the fee.
• MCC of the company. Different industries have their own tariffs.
• Payment method. Magnetic stripe transactions are more expensive than contactless payments.