The payment processing rates offered vary by country. It rarely goes above 1% in Germany unless you're really not shopping around or are really low volume.

A % of that also goes to the issuing bank*, not to MC/Visa, so I suspect the mentioned 0.2% is talking about what MC/Visa has as their cut.

*: That's also how banks can profitably offer things like cashback.

This is incorrect.

Visa's processes ~$14T in transactions. At 0.2% thats roughly ~$28B in revenue (VISA posted ~$40B in revenue in 2025) versus 2% is $280B in revenue.

EDIT: The 2~3% you're talking is the payment processor fees which get divvy'd out to acquiring processors, acquiring banks, gateways, merchant processing, etc. etc.

The amount going to Visa/MC is 0.1-0.13%. The vast majority of CC interchange fees go to the issuing banks, not Visa/MC.

Not in EU.

https://eur-lex.europa.eu/EN/legal-content/summary/fees-for-...

> Specifically, the regulation:

> caps interchange fees at 0.2% of the transaction value for consumer debit cards and at 0.3% for consumer credit cards;