3 ms·
The interchange which is what the bank gets and which they use to pay Apple. For Maestro/MasterCard Debit/VPay/Visa Debit that's 0.2% in the whole EU (UK & DE
by thesimon 10y ago
The interchange which is what the bank gets and which they use to pay Apple.
For Maestro/MasterCard Debit/VPay/Visa Debit that's 0.2% in the whole EU (UK & DE included).
The girocard scheme negotiates the fees with the merchants and it's around 0.15% - 0.2%.
At least for the banks, it's not a big difference.