According to industry insiders, domestic acquisition institutions have reduced the offline credit card transaction fees for merchants, except for certain specific industries, based on the fee reduction notices issued by Visa and Mastercard. Acquisition institutions have basically completed the fee reduction work by the end of June, including merchant rate system reconstruction, merchant notification, and agreement replacement. They will continue to use this fee reduction policy dividend to further strengthen the construction of overseas card acquisition scenarios, and truly provide convenient payment services for overseas visitors to China. Currently, multiple banks have announced that they will actively adjust the acquiring fees of corresponding merchants, and will hand over every penny of the profit-sharing from card organizations to merchants.
外卡交易手续费下降 多家银行：已跟进
Several banks have followed suit and lowered their foreign transaction fees.
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