How much is the credit card fee and debit card fee in Europe? In China, it is ca... | Hacker News

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		wenyuanyu on Feb 23, 2024 \| parent \| context \| favorite \| on: The Fed is behind the Capital One/Discover merger How much is the credit card fee and debit card fee in Europe? In China, it is capped to 0.6% and could be as low as 0.3% or less I believe.

pgeorgi on Feb 23, 2024 [–]

Capped at 0.3% for credit card transactions, 0.2% for debit card transactions

See https://www.consilium.europa.eu/en/press/press-releases/2015...

qwytw on Feb 23, 2024 | [–]

That's somewhat deceiving because these regulations don't include bank fees (about 1% in total is pretty standard)

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