Domestic business debit interchange fees will be updated in hungary

VISA 01/05/2019

What’s changing?

Visa will update domestic Business Debit (Immediate Debit and Prepaid) interchange fees in Hungary.

What does the change mean?

See the table below for the new rates:

Fee Type Rate
EMV Chip 1.35%
E-commerce 1.45%
Standard 1.60%

Currently the rate is 0.75% for the above fee types.

How will this affect you?

The impact depends on the pricing model. The above rates will be passed on directly to merchants with IC+ and IC++ pricing models.

Effective date

January 25, 2020