What does the merchant acquiring fee depend on?

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

The fee includes:

• Interchange fee (IRF);
• Payment system fee for card usage;
• Processing services;
• Equipment maintenance;
• Other costs.

The main part of the fee is IRF, which the acquiring bank pays to the card-issuing bank. Its amount depends on:

• Card category —  the higher the status (standard, gold, platinum), the higher the fee.
• Business type (MCC) — different rates are set for different business sectors.
  
• Payment method — payments via magnetic stripe are more expensive than contactless transactions.