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A comment on Walmart Canada stops accepting Visa cards. Parent comment

Re:Walmart Canada stops accepting Visa cards by germanier on Sunday June 12, 2016 @11:51AM (#11888609)
Girocard is cheaper than anything that could be used in the UK. I don't know the UK situation in detail but I would be surprised if there are merchants paying less than 0.3% for some transactions which already is double of what the large German stores do.
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Re:Walmart Canada stops accepting Visa cards by thesimon on Sunday June 12, 2016 @12:17PM (#11888766)
The interchange which is what the bank gets and which they use to pay Apple.

For Maestro/MasterCard Debit/VPay/Visa Debit that's 0.2% in the whole EU (UK & DE included).

The girocard scheme negotiates the fees with the merchants and it's around 0.15% - 0.2%.

At least for the banks, it's not a big difference.

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