Interchange++ Rates

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What is Interchange Plus Plus (IC++)?

All MerchantScout's preferred banking partners in the EU and UK are able to provide interchange plus plus structure. Typical rates by our merchants:

Low Risk: IC++1.3%

High Risk: IC++1.8%

Interchange++ is the most popular pricing model giving merchants most transparency and lower overall fees. The acquirer or payment provider will charge for every card transaction with the rate made of three components. Firstly, the basis is always the interchange percentage fee. On top of that, a card scheme fee is added, and lastly a fixed percentage by the card processor. The sum of these three fees is the final rate that the merchant is being charged with for every transaction.

Final rate is a sum of 3 components:


Interchange is a percentage fee that the merchant service provider has to pay to cardholder's issuing bank whenever they use their credit or debit card. This fee is paid for the benefits of accepting payments and covers handling costs including the risk involved in processing and settling the transaction.

There are over 100 variations of interchange fees possible and they are determined solely by the Card Scheme themselves (Mastercard and Visa). Find them on their official websites: Visa Interchange Fees and Mastercard Interchange Fees.

The factors that determine the interchange fee are:
a) Transaction type: Card-present or card-not-present;
b) Type of card used: consumer, corporate, specific type card
c) most importantly, the country location of merchant and location of card issuing bank.

For example, the Visa interchange fee for an EU merchant selling online to EU cardholders is as low as 0.20%, whereas if the same merchant would sell internationally to non-EU issued cards, the interchange fee can be as high as 1.80%.

Visa/MC EEA Interchange Fees
Domestic/Regional Debit
Domestic/Regional Credit
Corporate/Premium Cards
1.25% - 1.90%
Cards issued outside EEA
1.50% - 1.80%
Visa/MC EEA Card Scheme Fees
Domestic Credit/Debit
0.02% - 0.12%
Cards issued within EEA
0.02% - 0.15%
Cards issued outside EEA
0.55% - 0.65%


First "plus"; this is a fee charged to the acquirer by the Card Scheme (Visa, MasterCard) for using their network. These fees are typically lower than interchange ranging from 0.10% up to 0.65%. Same as interchange fee, the card scheme fee is based on transaction type, card type and geographical relation between merchant and cardholder's issuing bank.


Second "plus"; a margin added by the acquirer or payment provider (processor) for providing card processing services. This is the source of profit for providers, meaning these can vary from one to other. It is mostly based on provider's risk exposure and merchant's MCC category code (High Risk MCC List). Rule of thumb with many providers is to charge a 1.00% markup (100 basis points), however with high volume merchants or lower risk categories this fee can usually go down to 0.50% or less.

Interchange++ Examples

Case #1
EU low-risk eCommerce merchant with sales from EEA
Interchange: 0.20% - 0.30%
Card Scheme Fee: 0.02% - 0.15%
Processing Fee: 1.00%
Final average rate:
Case #2
EU merchant processing b2b payments (corporate cards)
Interchange: 1.25% - 1.80%
Card Scheme Fee: 0.02% - 0.15%
Processing Fee: 1.00%
Final average rate:
Case #3
EU high-risk merchant selling to US & internationally
Interchange: 1.70% - 2.80%
Card Scheme Fee: 0.55% - 0.65%
Processing Fee: 1.00%
Final average rate:

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