Spring by Citi merchant facility
Licensed acquirer
Spring by Citi holds its own Visa acquiring licence in Australia, so it settles your card transactions directly rather than through another institution’s licence.
- What it is
- Holds its own acquiring licence with the card scheme, so it settles your card transactions directly rather than through somebody else’s licence.
- Licence
- Holds its own acquiring licence
- Scheme licences
- Visa, as far as we can cite. Each card scheme keeps its own register, so other schemes may hold one we cannot show yet.
What it costs
Merchant facility rates are negotiated, not published, and what you are offered depends on your turnover, average sale and card mix. A published rate would be wrong for most readers, so we do not print one. Send us a statement or a quote and we will tell you whether yours is competitive.
Official site: citibank.com/icg/sa/spring
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