23 OCTOBER 2019
Less than one minute read
Effective 25 January 2020, Visa will modify their International Acquirer Fee in both Italy and Switzerland.
From 25 January 2020, Visa’s International Acquirer Fee for Italy will increase from 45 bps to 60 bps. In addition Visa’s International Acquirer Fee for Card-Present international transactions in Switzerland will also be modified. The Swiss fee will now be split into Base/Enhanced, where the Base Fee of 45 bps is incurred when the international transaction is conducted in CHF and the Enhanced fee, of an additional 55 bps, is incurred on transactions not conducted in CHF. This will apply on transactions between Switzerland and EEA countries as well as other international transactions.