In answer to your first question, our fee to the acquirers is less than a cent; it's 0.8ยข. That's charged to the acquirers. And no, the issuers don't receive royalties from the point of sale transaction.
President and Chief Executive Officer, Interac Association
In answer to your first question, our fee to the acquirers is less than a cent; it's 0.8ยข. That's charged to the acquirers. And no, the issuers don't receive royalties from the point of sale transaction.
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