Interchange++

Banks and card schemes all charge different fees to cover the operational costs of managing their network and processing card payments.

There are three cost components for the Interchange++ model:

• The Interchange fee that is paid to the issuing bank
• The scheme fee charged by Visa or Mastercard
• The acquirer fee

These costs vary considerably depending on a range of factors, including the:

• Merchant's country
• Issuing bank
• Cardholder
• Merchant segment
• Monthly transaction volume

When you create a MultiSafepay account, we provide an estimate of these costs.

Specific transaction costs

The actual cost of a specific transaction is difficult to predict. Fees differ per transaction, based on factors such as the:

• Country where the card was issued
• Country where the transaction is processed
• Type of card, e.g. corporate or customer card
• Way the card is processed, e.g. level of security
• Amount of the transaction

To ensure transparency, payment service providers can choose the Interchange++ pricing model, which breaks down the costs for each transaction. There are no preset prices, instead the fee is calculated based on the total cost of all transactions processed.

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