Interchange

To comply with Bank Negara Malaysia’s Payment Cards Framework (PCF) issued on 19 August 2022, effective 1 January 2023, Visa will adjust Malaysia’s domestic interchange reimbursement fees as listed in the following table.

Visa uses interchange reimbursement fees as transfer fees between issuers and acquirers to balance and grow the payment system for the benefit of all participants in the market. Merchants do not pay interchange reimbursement fees; merchants pay a "merchant discount rate" to their acquirer. This is an important distinction, because merchants buy a variety of processing services from financial institutions of which interchange may only be one component of their overall merchant discount rate.

Domestic Credit POS Interchange Rates

Fee Program	BPSP Tier	Interchange Rate
Business Payment Solution Provider (BPSP) FPI-Based	MYA	Removed
	MYB	Removed
	MYC	0.55%
	MYD	0.50%
	MYE	0.45%
	MYF	0.40%

Fee Program	Merchant Category Codes (MCCs)	Interchange Rate
Government	MCC 9211—Court Costs, Including Alimony and Child Support MCC 9222—Fines MCC 9223—Bail and Bond Payments MCC 9399—Government Services (Not Elsewhere Classified) MCC 9402—Postal Services—Government Only	0.48%
Tax	MCC 9311—Tax Payments	0.48%
Petrol	MCC 5541—Service Stations (With or Without Ancillary Services) MCC 5542—Automated Fuel Dispensers	0.60%
Charity	MCC 8398—Charitable and Social Service Organizations
Electronic	N/A
Standard	N/A
Account Funding Transfer (AFT)	N/A

Domestic Debit POS Interchange Rates

Fee Program	Merchant Category Codes (MCCs)	Interchange Rate
Government	MCC 9211—Court Costs, Including Alimony and Child Support MCC 9222—Fines MCC 9223—Bail and Bond Payments MCC 9399—Government Services (Not Elsewhere Classified) MCC 9402—Postal Services—Government Only	0.00%
Tax	MCC 9311—Tax Payments	0.00%

Fee Program	Interchange Rate
Electronic	0.001% + 0.63 MYR or 0.27%, whichever is lower
Standard
Account Funding Transfer (AFT)

Domestic Prepaid POS Interchange Rates

Fee Program	Merchant Category Codes (MCCs)	Interchange Rate
Government	MCC 9211—Court Costs, Including Alimony and Child Support MCC 9222—Fines MCC 9223—Bail and Bond Payments MCC 9399—Government Services (Not Elsewhere Classified) MCC 9402—Postal Services—Government Only	0.00%
Tax	MCC 9311—Tax Payments	0.00%

Fee Program	Interchange Rate
Electronic	0.001% + 1.28 MYR or 0.39%, whichever is lower
Standard
Account Funding Transfer (AFT)