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Maestro Global Rules (PDF) - MasterCard

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10.8.2 Intraregional Fees<br />

Settlement and Reconciliation<br />

10.9 Cost Studies<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.<br />

10.8.3 Bilateral Agreement<br />

10.9 Cost Studies<br />

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

service fees applicable to Transactions between them. All such fees must be<br />

submitted promptly to the Corporation. When applicable to Transactions<br />

processed through the Interchange System, they must be submitted to<br />

the Corporation sufficiently in advance of the effective date to allow the<br />

Corporation to incorporate the fees into future Interchange System releases<br />

as necessary or appropriate.<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 />

10.9.1 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 />

10.9.2 Noncompliance with a Cost Study<br />

A Customer designated to participate in a cost study that fails to fully and timely<br />

participate is subject to assessments and other disciplinary action at the sole<br />

discretion of the Corporation.<br />

©1993–2012 <strong>MasterCard</strong>. Proprietary. All rights reserved.<br />

<strong>Maestro</strong> <strong>Global</strong> <strong>Rules</strong> • 9 November 2012 10-7

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