Merchant service charge
The merchant service charge (MSC) is a fee
that retailers or merchants who accept Visa cards pay to their
acquiring bank.
The MSC is set by negotiation between acquiring banks and
merchants, and not by Visa. The fees you pay may reflect factors
such as the level of risk in your industry sector and the
acquirer's costs associated with handling retail accounts of
different sizes.
In return for paying the MSC your acquiring bank will provide
you with a range of services. These typically include:
- Payment guarantee
- Connectivity to the Visa network
- Terminal hardware and software
- Decals and signage
- Customer support.
More information
For more information about the MSC please contact your acquiring
bank.