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MasterCard Rules (PDF)

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Settlement<br />

9.6 Cost Studies<br />

9.5.2 Intraregional Fees<br />

In the event that no bilaterally agreed interchange fee or service fee applies<br />

and no default interchange fee or service fee has been otherwise established<br />

pursuant to these <strong>Rules</strong>, the applicable intraregional fee or if none, the<br />

interregional fee, applies to Intracountry Transactions and intracountry cash<br />

disbursements.<br />

NOTE<br />

A variation to this Rule appears in Section 10a, “New Zealand <strong>Rules</strong>.”<br />

9.5.3 Bilateral Agreement<br />

Any two Customers may establish by bilateral agreement the interchange and<br />

service fees applicable to Transactions and cash disbursements between them.<br />

All such fees must be submitted promptly to the Corporation. When applicable<br />

to Transactions and cash disbursements processed through the Interchange<br />

System, they must be submitted to the Corporation sufficiently in advance of<br />

the effective date to allow the Corporation to incorporate the fees into future<br />

Interchange System releases as necessary or appropriate.<br />

NOTE<br />

9.6 Cost Studies<br />

An addition to this Rule appears in Chapter 10, “Asia/Pacific Region <strong>Rules</strong>.”<br />

The Corporation or its agent(s) may conduct one or more cost studies on a<br />

country-specific or regional or other basis for the purpose of establishing<br />

interchange and service fees. In order to ensure a sufficient quantity and level<br />

of data quality and representativeness as the Corporation deems necessary<br />

or appropriate, the Corporation may designate any number of Customers<br />

to participate in cost studies. All Customers so designated are required to<br />

participate and must provide and be able to certify that the Customer has<br />

provided the Corporation or its agent(s) with complete and accurate information<br />

in the form and manner and for such period of time and by a date as requested.<br />

9.6.1 Allocation of Expenses<br />

The Corporation may allocate expenses related to any cost study among<br />

Customers conducting Activity in the country or region or other area that is the<br />

subject of the cost study. The expenses may be allocated as the Corporation<br />

deems appropriate and the decision of the Corporation is binding on all<br />

Customers in that country or region or other area.<br />

©1969–2012 <strong>MasterCard</strong>. Proprietary. All rights reserved.<br />

9-4 12 December 2012 • <strong>MasterCard</strong> <strong>Rules</strong>

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