How are these fees set?

  • Scheme fees and Interchange fees are driven by variables such as the card level (platinum / commercial), by country of merchant and the issuer, merchant segment, transaction type (online or Card No Present payments / POS or Card Present payments) and many more.
  • The fees are set by the card schemes Visa and Mastercard and are regulated in some countries.
  • Acquirer fees are set by Viva Wallet and determines by monthly card volume.