Cost for withdrawals from credit cards within the same network Spain 2013, by billing

Average commission charged for purchase operations with credit card in the same network in Spain from 2010 to 2013, per billing section

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Release date

December 2015

Region

Spain

Survey time period

2010 - 2013

Supplementary notes

According to the Bank of Spain , the average exchange rate is " percentage of the total value of the operations carried out in a point-of-sale (POS) terminal that transfers the acquiring entity to the issuing entity as payment for the services rendered by the parties. ". The acquiring entity is that credit institution that "facilitates to a business the mechanical or electronic device (point of sale terminal) through which the capture of the relevant data of the cards of the clients will take place in order to authorize the transaction. payment ", while the issuing entity" provides a payment card ". Home These exchange rates refer to operations in which each of the entities involved, issuer and acquirer, are members of the same national network of means of payment. The three Spanish networks of means of payment are Servired, Euro 6000 and System 4B.

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