# The Payment Card Interchange Fee Regulations 2015, Regulation 23: Weighted average interchange fees for UK debit card transactions


Until 9th December 2020—
(a) payment service providers need not comply with Article 3(1) (maximum interchange fees for consumer debit card transactions) of the interchange fee regulation in relation to UK debit card transactions;
(b) payment service providers that do not comply with Article 3(1) of the interchange fee regulation in relation to UK debit card transactions must apply to such transactions within each payment card scheme a weighted average interchange fee of no more than the equivalent of 0.2% of the annual average transaction value of all UK debit card transactions within that scheme.

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Source: https://www.legislation.gov.uk/uksi/2015/1911/regulation/23 (the official version)
Page: https://openlegislation.uk/payment-card-interchange-fee-regulations-2015/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.