#1
27th May 2015, 11:02 AM
| |||
| |||
Visa IAF Fee
I am from India and want to visit New Zealand for MBA and want to take 6 Months educational Visa so please give me details that how to get Visa with Visa charges an International Acquirer Fee (IAF) of on transactions acquired?
|
#2
21st February 2016, 12:52 PM
| |||
| |||
Re: Visa IAF Fee
Hello sir I want to know about Visa IAF Fee so here can you please give me details related to fee ?
|
#3
21st February 2016, 12:53 PM
| |||
| |||
Re: Visa IAF Fee
Hey as The International Acquirer Fee is separate from Visa’s international service assessment, but both fees apply under the same circumstances Fees International Acquirer Fee (IAF) of 0.45% International Service Assessment of 0.40% Visa implemented an international service assessment (ISA) fee of 40 basis points (0.40%) in April of 2008. This fee applies to all transactions involving a U.S. based business and a credit or debit card issued outside of the U.S. The ISA is also separate from interchange rates and from Visa’s standard assessment fee, which is currently 11 basis points (0.11%). The ISA is one of two fees Visa currently charges for international card usage, the other is the International Acquirer Fee, a separate 45 basis point fee (0.45%), which applies under the exact same circumstances as the ISA. Visa began charging the IAF in October 2009. The total fees Visa charges for a transaction involving an international card processed in the U.S. is the sum of the ISA fee (0.40%), The Visa standard assessment (0.11%), and the International Acquirer Fee (0.45%), which comes to almost a full percent above interchange, 96 basis points (0.96%). |