AKIT: there’s no point in looking for a direct connection between the acquiring fee and prices! - Information portal

AKIT: there’s no point in looking for a direct connection between the acquiring fee and prices!

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15.07.2020

AKIT: there’s no point in looking for a direct connection between the acquiring fee and prices!

Can we see any true positive effect from a “forced” cut of Internet acquiring fees by the Bank of Russia? What is the probability of the reduced fee rate staying in place after September 30? We discuss these and other issues with Artem Sokolov, President of the Association of Internet Trade Companies (AKIT).
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