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No, the limit also applies to other smaller national schemes. The real difference between Visa/Mastercard and Amex/Discovery is the the former only provide the
by germanier 11y ago
No, the limit also applies to other smaller national schemes.
The real difference between Visa/Mastercard and Amex/Discovery is the the former only provide the payment network (the interchange is used to give a cut to issuing banks) while the latter issue their own cards.
- danmaz74 11y agoThanks for the clarification. I was going to ask if this meant that for merchants there would also be additional fees on top of the interchange rate, but already saw your other comment stating this...