Visa’s International Service Assessment Fee Policies
Visa’s International Service Assessment Fees is one of many assessment fees that Visa charges to assess the increased risks of foreign transactions. The ISA fee only applies when the US-based businesses accept a Visa card issued by a non-US bank. ISA (International Service Assessment) The ISA fee applies to all the transactions involving US-based business and a foreign card issuer. Current Visa’s ISA fee is 0.80%. It is a merged fee of the standard assessment fee (0.13%) and the international acquirer fee (0.45%). The Transaction would incur 1.38% in assessment fees. This amount is in addition to the costs of interchange and the processor’s markup. Most businesses want to pay as less as possible for credit card processing , but let’s get this straight that most of the people usually are not aware if they are getting competitive markup or not. If you want to cut down the costs on the credit card processing, you’ll have to make sure you get competitive markup if not, y