CENTRAL BANK OF MALTA ACT ( INTERCHANGE FEES FOR DOMESTIC CONSUMER DEBIT AND CREDIT CARD TRANSACTIONS) REGULATIONS

CENTRAL BANK OF MALTA ACT (INTERCHANGE FEES

FOR DOMESTIC CONSUMER DEBIT AND

CREDIT CARD TRANSACTIONS)

SUBSIDIARY LEGISLATION 204.08

CENTRAL BANK OF MALTA ACT ( INTERCHANGE

FEES FOR DOMESTIC CONSUMER DEBIT AND

CREDIT CARD TRANSACTIONS) REGULATIONS

26th July, 2016

LEGAL NOTICE 263 of 2016.

(1) The title of these regulations is the Central Bank of

Malta Act (Interchange Fees for Domestic Consumer Debit and

Credit Card Transactions) Regulations.

(2) The scope of these regulations is to define interchange fees

for domestic consumer debit and credit card transaction fees in

terms of Articles 3(2)(a) and 4 of Regulation (EU) No 2015/751 of

the European Parliament and of the Council of 29 April 2015 on

interchange fees for card-based payment transactions, hereinafter

referred to as "the Regulation".

(3) Terms used in these regulations shall have the same

meaning assigned to them by the Regulation, unless the context

otherwise requires.

Payment service providers shall not offer or request a per

transaction interchange fee of more than 0.15% of the value of the

transaction for domestic debit card transactions.

Payment service providers shall not offer or request a per

transaction interchange fee of more than 0.3% of the value of the

transaction for domestic credit card transactions.