Card payment interchange fees will be capped at 0.2% for debit and 0.3% for credit, starting January 1

TIRANA, November 13 /ATA/ – Interchange fees for card payments will be capped at 0.2% for debit cards and 0.3% for credit cards, starting from January 1, 2027.

In a statement on social media, Minister of Economy and Innovation Delina Ibrahimaj announced that this measure aims to reduce payment costs for businesses and facilitate transactions for citizens, in line with European Union standards.

Ibrahimaj highlighted that, in parallel, the use of POS terminals among Albanian businesses is being expanded as part of the “Cashless Albania” program.

This initiative seeks to provide citizens with more opportunities to make card payments in shops and service outlets, thereby encouraging the use of electronic payments.

According to the minister, capping these fees represents a step toward lowering transaction costs, simplifying daily payments and modernizing the Albanian economy. /gj.m/j.p/p.s./

 

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