What does the acquiring fee depend on?

The acquiring fee amount for acquiring depends on a number of factors:

• The company's turnover.
• The number of outlets.
• The type of business activity.

The acquiring fee consists of:

• interbank fee (IRF);
• the payment system fee for the use of a plastic card;
• processing services;
• equipment maintenance;
• indirect costs, etc.

To a large extent, the cost of acquiring is made up of IRF, which the acquiring bank pays to the card-issuing bank. The interbank fee amount is formed based on:

• The card category. It may be standard, gold, platinum, etc. The higher the category, the higher the acquiring fee.
• The merchant's type of business activity (Merchant Category Code (MCC)). A separate IRF rate is предусмотрена for different categories of businesses.
• The payment method. Payments using a card's magnetic stripe are more expensive, while the percentage is lower for contactless payments.