Our commitment to transparency
Our commitment to transparency
Gain insight into all aspects of the Visa payment system – the requirements that help keep the system safe for all and the operational requirements to ensure efficiency.
The Visa System: Rates, Fees and Rules
The Visa System: Rates, Fees and Rules
Interchange reimbursement fees
Interchange reimbursement fees
Get the latest information
Visa uses interchange reimbursement fees as transfer fees between acquiring banks and issuing banks for each Visa card transaction. Visa uses these fees to balance and grow the payment system for the benefit of all participants.
Merchants do not pay interchange reimbursement fees—merchants negotiate and pay a “merchant discount” to their financial institution that is typically calculated as a percentage per transaction. Merchants can receive a variety of processing services from financial institutions that may be included in their merchant discount rate.
Merchant credit surcharging
Merchant credit surcharging
Learn more about card surcharge fees.
Before you start
Merchants must notify their acquirer 30 days before they begin surcharging.
Surcharge considerations
Factors you should take into account when considering surcharges.
Visa rules and policy
Visa rules and policy
How we run our business
We believe in giving partners clear insight into the way that Visa runs our global business.
Announcement for Clients in the US Regarding Selection of Payment System at Point of Transaction
Visa has updated the Visa Rules to clarify that for covered US debit, merchants are not required to prompt for the cardholder to choose the AID for processing debit transactions.
Read more about Visa chip technology