Inter-Participant Interchange Commissions

Inter-Participant Interchange Commissions

Inter-Participant Credit Card Interchange Commissions

Inter-Participant credit card interchange commission rate is calculated as sum of operational and funding costs. Operational cost is calculated annually while funding cost is calculated every month based on changes of market interest rates.

Credit Card Interchange Commission Rate**                                     % 1,38*

 

Inter-Participant Debit Card Interchange Commission

Inter-Participant debit card interchange commission rate is set based on the operational cost calculated annually.

Debit Card Interchange Commission Rate***                                    %0,73*

* BSMV is included.
** Credit Card Interchange Commission Rate  is valid as of July 7th, 2017
*** Debit Card Interchange Commission Rate is valid as of October 7th, 2016
****For Prepaid Card Interchange Commission Rate , Debit Card Interchange Commission Rate is used.

According to the first exemption granted by the Competition Authority with the decision No. 05-43/602-153 dated 01.07.2005 and the extension exemption with the decision No. 13-48/672-288 dated 21.08.2013, monthly calculation and publication of the Credit Card Interchange Commission Rate managed by BKM A.Ş. The Credit Card Interchange Commission has been calculated by using reported bank costs which are audited by independent auditers.

According to the first exemption granted by the Competition Authority with the decision No. 08-24/249-82 dated 07.03.2008 and the extension exemption with the decision No. 09-36/905-217 dated 19.08.2009, monthly calculation and publication of the Credit Card Interchange Commission Rate managed by BKM A.Ş. . The Credit Card Interchange Commission has been been calculated by using reported bank costs which are audited by independent auditers.