The new debit cards increase fees for small and medium businesses, Blick announced. Entrepreneurs now have to pull the trigger 36 times more when a customer pushes one. In recent weeks and months, Swiss banks such as UBS, Credit Suisse and several cantonal banks sent out the first cards. A Debit Mastercard replaces Maestro, while Visa Debit replaces V-Pay.
Banks have a vested interest in the new debit cards. You will now receive what is called a swap fee, and thus earn higher fees. Almost all major Swiss banks participate in the game Mastercard, Visa and payment service provider Worldline. Just Postfinance doesn’t care about new debit cards.
“Postfinance will not increase prices”
“We continue to count on our Postfinance card,” confirms spokesperson Reynaldo Tibola. The yellow giant’s discount offer is impressive: traders have to hand in between 19 and 23 cents per transaction. This makes the fee cheaper than the popular Maestro Card, which is now canceled.
“In consultation with the retailer, Postfinance will not increase prices,” Tibolla continues. The Postfinance Card should remain attractive to SMEs and customers. “The Postfinance card is and remains the cheapest payment card for merchants in Switzerland,” says Reynaldo Tebula.