What does the merchant acquiring fee depend on?

The fee amount depends on the company's turnover, the number of retail outlets, and the business sector. The cost includes:

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

The main part of the fee is IRF. The acquiring bank transfers it to the bank that issued the card. The rate is influenced by several factors:

• Card type. The higher the card category, the higher the fee.
• Business sector. Different industries have their own tariffs determined by the Merchant Category Code (MCC).
• Payment method. Payments made using the magnetic stripe cost more than contactless transactions.