Ukraine

POS terminals

Provided by resident PSPs (ECB)

Key figures

Accepted methods · 8

What applies here

Supervisor

National Bank of Ukraine

Interchange

No statutory or regulator-set interchange cap. The Law of Ukraine "On Payment Services" No. 1591-IX of 30 June 2021, Article 37 part 7, merely permits the acquirer and/or issuer to pay each other a fee for each card transaction (defined as "інтерчейндж") and obliges the acquirer to pass any change through into the merchant service charge - it fixes no ceiling, and no ceiling appears anywhere in the consolidated text. Article 82 part 14 of the same law only requires overseen entities to report interchange and acquiring-fee data to the NBU, which the NBU publishes quarterly - a transparency regime, not a cap. Reductions were instead achieved commercially: the 2021 "Memorandum on Facilitation of a Competitive Payments Market in Ukraine" signed by the NBU, Visa and Mastercard, cleared by the Antimonopoly Committee of Ukraine, stepped maximum domestic interchange down to no more than 1.20% from 1 July 2021, 1.00% from 1 July 2022 and 0.90% from 1 July 2023. The NBU has publicly and repeatedly opposed a legislated cap (joint statement of 22 March 2021 on draft law No. 4364). Actual market levels published by the NBU for Q1 2026: weighted-average interchange in Ukraine 0.678% (0.618% e-commerce, 0.697% in-store) and merchant acquiring fee 1.248%. Separately, the NBU's own PROSTIR scheme sets its own interchange (0.3% on goods/services from 1 May 2022, 0% for registered charities MCC 8398 and war bonds MCC 6211) - a scheme rule, not a statutory cap. Source: https://zakon.rada.gov.ua/laws/show/1591-20

Surcharging

Prohibited outright. Law of Ukraine "On Payment Services" No. 1591-IX of 30 June 2021, Article 38 part 29: merchants are forbidden (item 2) to set any additional (accompanying) charge when accepting payment for goods or services by electronic payment instrument, payment application or payment device, including a charge for using a particular instrument, application or device; and (item 3) to set different prices for the same goods or services depending on whether payment is cashless or in cash. Item 1 also bars merchants from restricting the cardholder's choice of instrument. Merchants may only incentivise (заохочувати) the use of a particular instrument. Related: Article 38 part 28 obliges merchants to make cashless payment possible and, where they accept scheme cards, to accept the instruments of at least three payment systems, one of which must be a multi-issuer payment system created by a resident of Ukraine (in practice PROSTIR); the deadlines are set by the Cabinet of Ministers, with enforcement by the State Tax Service and the consumer-protection authority. Source: https://zakon.rada.gov.ua/laws/show/1591-20