Cashflows Interchange & Scheme Fees
Updated March 2024
The table below is the current list of Interchange Fees and Scheme Fees as of March 2024 that a merchant will expect to pay, as set by the schemes and as part of their agreement with Cashflows. Please use this as a reference only, as fees vary within the ranges depending on channel and region. The fees also change regularly with new fees and rate updates from Visa & Mastercard. Please refer to the scheme interchange links below for more information.
The minimum Scheme Fees in the ranges are based on a basic domestic transaction with no optional services (min rates only), whilst the maximums are based on international transactions with enhanced authorisation, authentication, clearing, international innovation fees, etc. We have also included an element for Fixed Fees, which we know other Acquirers do not include at this level, even when they are passed on by other means later.
Fines and integrity fees have not been included but will be passed on where applicable.
Card Type | Interchange Fee Rate Range | Scheme Fees Rate Range (% + EUR) | Note |
Visa Consumer Debit | 0.20% - 1.97% | 0.06044% + 0.01070 - 1.11044% + 0.1300 | Domestic UK & EEA Intra-regional transactions will have Interchange capped at 0.20%. Ireland domestic consumer debit card present: 0.10% (max €1.00) and card not present: 0.10% (max €2.00) |
Visa Consumer Debit | 0.30% - 1.97% | 0.06544% + 0.01070 - 1.11544% + 0.1300 | Domestic UK & EEA Intra-regional transactions will have Interchange capped at 0.30%. |
Visa Commercial Debit | 0.50% - 2.00% | 0.66044% + 0.01070 - 1.71044% + 0.1300 | Visa Commercial Debit can achieve interchange caps of £1.50 per transaction if the merchant is one of the following Merchant Category Codes: 6012, 6211, 9311 & 9399. |
Visa Commercial Credit | 1.40% - 2.00% | 0.66544% + 0.01070 - 1.71544% + 0.1300 | Visa Commercial Credit also includes Business, Corporate & Purchasing Credit Cards. |
Visa Refunds | 0.00% | Charged as per sales transaction | Visa Refund Transactions will have the original Sale Interchange returned except on cases where the merchant is in the EEA and the card is issued outside of the EEA, in which the return Interchange is set at 0.00%. |
Visa OCTs and Fast Refunds | 0.25% | 0.04244% + 0.03900 - 0.54244% + 0.02900 | Visa Original Credit Transaction Inter-Client Fees and Visa Direct/Fast Funds will attract an Interchange rate of 0.25% in the EEA. These are capped at £0.08 for UK Domestic transactions, and €0.09 for Domestic transactions in Europe (excluding UK) and Intra-EEA. |
Mastercard Consumer Debit | 0.20% - 1.98% | 0.13241% + 0.00515 - 0.18841% + 1.16940 | Domestic UK & EEA Intra-regional transactions will have Interchange capped at 0.20%. Ireland domestic consumer debit: 0.10%." |
Mastercard Consumer Credit | 0.30% - 1.98% | 0.13241% + 0.00515 - 0.18841% + 1.16940 | Domestic UK & EEA Intra-regional transactions will have Interchange capped at 0.30%. |
Mastercard Commercial Debit | 1.10% - 2.10% | 0.13241% + 0.00515 - 0.18841% + 1.16940 | A merchant can receive a cap of £1.50 per transaction on their UK Domestic Mastercard Non-Consumer Debit Interchange if they qualify for the UK Domestic Government & Personal Payments Program. |
Mastercard Commercial Credit | 1.65% - 2.25% | 0.13241% + 0.00515 - 0.18841% + 1.16940 | Mastercard Commercial Credit also includes Business, Corporate & Purchasing Credit Cards |
Maestro Consumer Debit | 0.20% - 1.05% | 0.13241% + 0.00455 - 0.24241% + 0.95445 | Domestic UK & EEA Intra-regional transactions will have Interchange capped at 0.20%. A merchant can receive a cap of £1.50 per transaction on their UK Domestic Maestro Debit Interchange if they qualify for the UK Domestic Government & Personal Payments Program. To do so a merchant must be one of the following Merchant Category Codes: 6012, 6211, 9311 & 9399. |
MasterCard/Maestro Refunds | Charged as per sales transaction | Mastercard Refund Transactions will have all or part of the original Sales Interchange refunded. In the case of Mastercard Consumer, return Interchange is capped at €0.05. For Mastercard Non-Consumer Interchange is returned at 75% of the Sales Interchange Amount. |
EEA/UK Inbound cross-border consumer transactions Interchange Fee
Card Type | Fee Type/Tier | Fee Type/Tier |
Visa/MasterCard Debit/Prepaid | 0.20% | Card Present |
Visa/MasterCard Debit/Prepaid | 1.15% | Card-Not-Present |
Visa/MasterCard Credit/Deferred Debit | 0.30% | Card Present |
Visa/MasterCard Credit/Deferred Debit | 1.50% | Card-Not-Present |
For more detailed information, please refer to Card Scheme Interchange links below;
Visa | Visa Interchange Link | https://www.visa.co.uk/about-visa/visa-in-europe/fees-and-interchange.html |
MasterCard | MasterCard Interchange Link | https://www.mastercard.com/europe/en/regulatory/european-interchange.html |
This is indicative cost only, is not legally binding and is subject to change. In addition, Scheme fines, costs and other fees will be passed through and do not form part of the stated fees.