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Price List D
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The MIF++ offers a merchant receives from payment gateway and terminal providers often contain various catches. These often make it impossible to calculate in advance what the actual transaction fees will be. The merchant will only know this from the transaction statement. We will use an anonymised example of an offer to illustrate its biggest problems.
The biggest problems
Also with this offer, we see that the rates are only indicative, as two of the three parts of the fee are governed by Visa and Mastercard tables. Here, at least in the text, links to the interchange fee tables are provided.
Much more important than what is in the offer is what the provider actually charges the merchant. For Czech Mastercard service cards, the true interchange rate is 1.90%.
The MIF++ tariffs are complicated even for the providers themselves. A merchant who studies the offer really carefully will find that the sum of the rows does not even add up in this case.