Visa will raise Commission for paying cards in stores

Visa payment system February 1, 2022 will change part of the interbank commissions when paying for goods. It is reported by RBC.

For supermarkets, the Card Reception Commission will grow from 1 to 1.3 percent. A large stores of furniture, household appliances and courier services will lose a preferential fare – now the intercouction for them is set at 1-1.65 percent, it will depend on the category of the card, which will pay, and will vary from 1.5 to 2, 3 percent.

Visa representative explained that the system “periodically reviews the rates of interbank commissions in order to ensure the necessary conditions in the market for the development of electronic payments and the network of their reception. Changing existing programs is aimed at bringing a tariff policy in line with current market realities”, – he said.

Visa stressed that the intercourse is not income of the payment system, it receives a bank issuer and sends to the development of payment infrastructure. “This tool allowed the payment market of Russia as soon as possible to become one of the most innovative in the world,” summarized in the company.

Earlier, the Russian Branch of Visa began an investigation after the online retailer Wildberries introduced a two-minded commission for payment by foreign maps, and the exception made for the Mir card holders, users of the rapid payments (SBP) and the Sberpay payment system. Because of this, conflict broke out.

On September 3, the Financial Director of Online Retail Wildberries Vladimir Bakin said that the Visa and MasterCard tswe would scare the banking community and put pressure on them because companies are experiencing for their income.

Earlier it was reported that if the banks are equipped with Wildberries, will charge an additional commission when purchases on Visa cards, then they are facing a fine of 25 thousand dollars.

/Media reports.