What does the acquiring fee depend on for companies engaged in mobile commerce?

The fee amount is determined based on the company’s turnover, the number of points of sale, and the specifics of the business. The tariff includes:

• interchange fee (IRF);
• payment system fee for card usage;
• processing services;
• equipment maintenance;
• other operating expenses.

The largest share of the fee is IRF. This is a payment that the acquiring bank transfers to the card-issuing bank. Its amount is determined by:

• card category (standard, gold, platinum): the higher the status, the higher the fee;
• type of activity (MCC): different rates apply to different industries;
• payment method: magnetic stripe transactions are more expensive than contactless payments.