CMSPI | IAC SOIR Ebook Section 1

Japan, the U.S., and Mexico have some of the highest card fees in the world. THE GLOBAL PLAYING FIELD IS UNEVEN

CARD ACCEPTANCE FEES BY COUNTRY

3.50%

3.00%

2.50%

2.00%

1.50%

1.00%

0.50%

0.00%

UK 2018 Credit & Debit

EU-12 2022 Debit

EU-12 2022 Credit

Japan 2021 Credit

Canada 2023 Debit

Canada 2023 Credit

Australia 2021 Debit

Australia 2021 Credit

U.S. 2023 Debit

U.S. 2023 Credit

China 2023 Debit

China 2023 Credit

NZ 2023 Credit

Mexico 2023 Debit

Mexico 2023 Credit

Interchange

Network Fees

Acquirer Fee

Total MSC

Page 2

Source: CMSPI estimates and analysis

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