Interchange fee levels

The Visa Europe Board has agreed certain changes to consumer Intra-regional Interchange Reimbursement Fees. The relevant information is as follows:

Transaction environment	Interchange fees	Credit & deferred debit	Immediate debit
Card Present	Contactless Low Value Payment	0.50%	€ 0.06
	EMV Chip	0.50%	€ 0.15
	Electronic Authorisation (EA)	0.60%	€ 0.16
	Electronic Data Capture (EDC)	0.70%	€ 0.22
	Airline *	0.75%	n/a
	Non-Electronic	0.75%	€ 0.22

Card Not Present	Secure Electronic Commerce	0.50%	€ 0.15
	Card Not Present (CVV2)	0.60%	€ 0.16
	Recurring Transactions	0.60%	€ 0.16
	Card Not Present (CNP)	0.70%	€ 0.22
	Airline *	0.75%	n/a
	Non-Electronic	0.75%	€ 0.22
* Consumer Airline transactions are eligible for all other Consumer incentive fees if they meet the qualification criteria.