VISA consumer and commercial domestic interchange fees will be updated in Switzerland

VISA 01/07/2018

What is changing?

Visa introduced a revised domestic interchange framework in Switzerland. This revised framework is applicable to all Visa consumer and commercial cards, except Visa Debit (immediate debit) and V-PAY.

What does the change mean?

Two interchange categories are changing:

  Current New Change
Airline 0.55% 0.50% -5bps
Standard 0.60% 0.50% -10bps

How will this affect you?

Merchants processing domestic Visa Credit transactions in Switzerland will be affected.

Effective date.

1 August 2018