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UnionPay cards can be smoothly used at 168 countries and regions worldwide.

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Concept

Interchange reimbursement fees (IRF) are used as a balancing mechanism between the financial institutions involved in a transaction to help grow the payment system for the benefit of all participants. Generally, acquirers reimburse issuers for point-of-sale transactions, and issuers reimburse acquirers for cash and ATM transactions

UPI's current IRF rate structure includes rates that vary by acceptance region, transaction type, card type, card level and merchant category. The goal of UPI in setting IRF rate is to ensure wide-spread issuance and acceptance of UnionPay Cards.

IRF by Country
Italy

1.The domestic IRFs in Italy are shown below.


IRFs for POS/E-commerce/ MO/TO and Recurring Transactions


Card Product MCCs Category Acquirer Pays Issuer
Consumer Card Bill Payment and Utilities 4814, 4816, 4899, 4900 Professional Services and Membership Organizations 8062, 8211, 8220, 8241, 8244, 8249, 8299, 8675 Government Services 9211, 9222, 9311, 9399, 9402, 9405 Debit Card &Prepaid Card 0.2%
Capped at EUR 0.07
Credit Card 0.3%
Capped at EUR 0.3
Other MCCs Debit Card &Prepaid Card 0.2%
Credit Card 0.3%
Commercial Card* Debit Card &Prepaid Card EUR 0.6
Credit Card 1.5%

* The commercial card pricing will take effect on May 7 2018


IRFs for ATM Transactions


Transaction Acquirer Receives from Issuer
ATM Withdrawal USD 1.375
ATM Inquiry USD 0.25

2.Cross-border tractions with Unionpay cards issued within EEA (European Economic Area) countries and accepted in Italy will follow the EEA regional pricing shown below.


IRFs for POS/E-commerce/ MO/TO and Recurring Transactions


IRF by Card Type Acquirer Pays Issuer
Consumer Debit/Prepaid Card 0.2%
Credit Card 0.3%
Commercial* Debit/Prepaid Card EUR 0.6
Credit Card 1.5%

* The commercial card pricing will take effect on May 7 2018


IRFs for ATM Transactions


Transaction Acquirer Receives from Issuer
ATM Withdrawal USD 1.375
ATM Inquiry USD 0.25

3.The IRFs for UnionPay cards issued outside of EEA (European Economic Area) countries and accepted in Italy will follow the international pricing shown below.


IRFs for POS, MO/TO and Recurring Transactions


Transaction Types Acquirer Pays Issuer
POS Transactions 1.1%
Mo/To Transactions 1.5%
Recurring Transactions 1.1%

IRFs for E-Commerce Transactions


MCC Acquirer Pays Issuer
Airport (4511) Education (8211,8220,8241,8244,8249,8299)
Insurance (5960,6300)
1.15%
Other
MCCs
1.2%

IRFs for ATM Transactions


Transaction Acquirer Receives from Issuer
ATM Withdrawal USD 1.375
ATM Inquiry USD 0.25
Poland

1.Interchange Reimbursement Fees(IRFs)


(1)IRFs for cross-border transactions with Unionpay cards issued within EEA (European Economic Area) countries and accepted in Poland will follow the EEA regional pricing shown below.


IRFs for POS/E-commerce/ MO/TO and Recurring Transactions


IRF by Card Type Acquirer Pays Issuer
Consumer Debit/Prepaid Card 0.2%
Credit Card 0.3%
Commercial* Debit/Prepaid Card EUR 0.6
Credit Card 1.5%

* The commercial card pricing will take effect on May 7 2018


IRFs for ATM Transactions


Transaction Acquirer Receives from Issuer
ATM Withdrawal USD 1.375
ATM Inquiry USD 0.25

(2)IRFs for UnionPay cards issued outside of EEA (European Economic Area) countries and accepted in Poland will follow the international pricing shown below.


IRFs for POS, MO/TO and Recurring Transactions


Transaction Types Acquirer Pays Issuer
POS Transactions 1.1%
Mo/To Transactions 1.5%
Recurring Transactions 1.1%

IRFs for E-Commerce Transactions


MCC Acquirer Pays Issuer
Airport (4511) Education (8211,8220,8241,8244,8249,8299)
Insurance (5960,6300)
1.15%
Other
MCCs
1.2%

IRFs for ATM Transactions


Transaction Acquirer Receives from Issuer
ATM Withdrawal USD 1.375
ATM Inquiry USD 0.25

2.Service Fees(SFs)


(1)Service Fees(SFs) for cross-border transactions with Unionpay cards issued within EEA (European Economic Area) countries and accepted in Poland will follow the EEA regional pricing shown below.


SFs for POS /E-Commerce/ MO/TO and Recurring Transactions


For all UnionPay credit card transactions


Types Acquirer Pays UPI
Acquirer Clearing Fee EUR0.004
Acquirer Authorization Fee EUR0.006
Acquirer Card Service Fee 0.011%
License Fee 0.001%

For all UnionPay debit/prepaid card transactions


Types Acquirer Pays UPI
Acquirer Clearing Fee EUR0.004
Acquirer Authorization Fee EUR0.006
Acquirer Card Service Fee 0.005%
License Fee 0.001%

SFs for ATM Transactions


Transaction Type Acquirer Pays UPI
ATM Withdrawal USD 0.125
ATM Inquiry USD 0.035

(2)SFs for UnionPay cards issued outside of EEA (European Economic Area) countries and accepted in Poland will follow the international pricing shown below.


SFs for POS / MO/TO and Recurring Transactions


Transaction Type Acquirer Pays UPI
POS Transactions 0.1%
Mo/To Transactions 0.1%
Recurring Transactions 0.1%

SFs for ATM Transactions


Transaction Type Acquirer Pays UPI
ATM Withdrawal USD 0.125
ATM Inquiry USD 0.035

SFs for E-Commerce transactions


MCC Acquirer Pays UPI
Airport (4511) Education (8211,8220,8241,8244,8249,8299) Insurance (5960,6300) 0
Other MCCs 0.2%

Malaysia

In 2017, The Central Bank of Malaysia (Bank Negara Malaysia/BNM) required that all international card schemes adjust their domestic interchange rate for local credit card transactions in Malaysia, which will take effect on April 25, 2017.

The current domestic pricing in Malaysia is shown below.


1.Interchange Reimbursement Fees (IRFs)

Table-1: IRFs for Credit Card POS / E-commerce / MOTO / Recurring transactions


MCCs IRFs
(Acquirer Pays Issuer)
Petroleum (5541, 5542) 0.90%
Max: MYR0.80
Government Services and Charity
(9211, 9222, 9223, 9311, 9399, 9402, 9405, 8398, 8661)
0
Others 0.937%

Table-2: IRFs for Debit/Prepaid Card POS / E-commerce / MOTO / Recurring transactions


MCCs IRFs
(Acquirer Pays Issuer)
Petroleum (5541, 5542) 0.21%
Max: MYR0.58
Government Services and Charity
(9211, 9222, 9223, 9311, 9399, 9402, 9405, 8398, 8661)
0
Others 0.21% or 0.01%+MYR0.70
(whichever is lower)
2.Service Fees

Table-3: Service Fees for Credit Card transactions


Issuer pays UPI
Issuer Clearing Fee 0.048USD
Issuer Authorization Fee 0.066USD
Issuer Card Service Fee 0.020%
Issuer License Fee 0.004%
Acquirer pays UPI
Acquirer Clearing Fee 0.006USD
Acquirer Authorization Fee 0.006USD
Acquirer Merchant Service Fee 0.052%
Acquirer License Fee 0.004%

Table-4: Service Fees for Debit/Prepaid Card transactions


Issuer pays UPI (Max: 0.14 USD)
Issuer Clearing Fee 0.009USD
Issuer Authorization Fee 0.006USD
Issuer Card Service Fee 0.016%
Issuer License Fee 0.004%
Acquirer pays UPI
Acquirer Clearing Fee 0.006USD
Acquirer Access Fee 0.006USD
Acquirer Merchant Service Fee 0.052%
Acquirer License Fee 0.004%
Switzerland

Since there’s no domestic pricing in Switzerland, the IRF paid by the Swiss Acquirers shall follow the international pricing scheme shown below.


IRF for POS, Mo/To and Recurring Transactions


Transaction Types Acquirer Pays Issuer
POS Transactions 1.1%
Mo/To Transactions 1.5%
Recurring Transactions 1.1%

IRF for E-Commerce transactions


MCC Acquirer Pays Issuer
Airport (4511) Education (8211,8220,8241,8244,8249,8299)
Insurance (5960,6300)
1.15%
Other
MCCs
1.2%

IRF for ATM Transactions


Transaction Acquirer Receives from Issuer
ATM Withdrawal USD 1.375
ATM Inquiry USD 0.25
Canada
1. Interchanges

IRF paid by the Canada Acquirers shall follow the international pricing scheme shown below.


IRFs for POS and Recurring Transactions


Transaction Types Acquirer Pays Issuer
POS Transactions 1.1%
Recurring Transactions 1.1%

IRFs for E-Commerce transactions


MCC Acquirer Pays Issuer
Airport (4511) Education (8211,8220,8241,8244,8249,8299) Insurance (5960,6300) 1.15%
Other MCCs 1.2%

2. International Service Fee

SF paid by the Canada Acquirers shall follow the international pricing scheme shown below.


SFs for POS and Recurring Transactions


Transaction Types Acquirer Pays UPI
POS Transactions 0.1%
Recurring Transactions 0.1%

SFs for E-Commerce transactions


MCC Acquirer Pays UPI
Airport (4511) Education (8211,8220,8241,8244,8249,8299) Insurance (5960,6300) 0
Other MCCs 0.2%