New conditions for merchant acquiring

30.04.2019

Dear Clients!

VTB Bank (Kazakhstan) has approved new conditions for merchant acquiring. The updated tariffs come into effect on April 30, 2019 for new Bank Clients and for current Bank Clients from June 01, 2019.

Name of services/transactions

Basic tariff

1.

Bank fee for carrying out non-cash payments on transactions using payment cards of other Banks when selling goods / services / works by the Company

3.5%

2.

Bank fee for carrying out non-cash payments on transactions using payment cards of Subsidiary VTB Bank JSC (Kazakhstan) when selling goods / services / works by the Company

1.5%

3.

Monthly subscription fee including VAT *:         For each installed POS terminal for which actual turnover is less than 500,000 KZT in the settling period **

5,000 KZT

*Subscription fee includes training of cashiers, maintenance of a POS terminal, and consumables.

**Provided that if the company does not execute a turnover equal to N*500,000 KZT (N is the number of installed POS-terminals at the company), a subscription fee is charged only for an unfulfilled turnover of every 500,000 KZT.

*** The settlement period means the full period from the 20th day of the month to the 20th day of the next month.