Credit card processing fees > Assessments > Visa > International Acquirer Fee (IAF)
Effect October 2009, Visa began charging a fee of 0.45% (forty-five basis points) for transactions acquired within the United States involving a card issued by a bank outside of the United States. The International Acquirer Fee (IAF) is one of two fees that Visa now charges for this type of transaction.
The International Acquirer Fee is separate from Visa’s international service assessment, but both fees apply under the same circumstances. The International Acquirer Fee (0.45%), International Service Assessment (0.40%), and Visa’s standard assessment (0.11%) will all apply to transaction involving a credit card issued outside of the United States, bringing the total charge beyond interchange to 0.96%
