Please refer to PSD Circular No. 01 of 2020 on “Improving Payment Card Acceptance Infrastructure in Pakistan”. In order to facilitate the acceptance of card-based payments, it has been decided that:

2. Interchange Reimbursement Fee (IRF) for cards issued in Pakistan used on domestic POS terminals shall be as follows:
   
   a) for debit and prepaid cards – not exceeding 0.2%
   b) for credit cards – not exceeding 0.7%
   
   
3. Lower range of Merchant Discount Rate (MDR) i.e. 1.5% is abolished in terms of the clause 2(i) of PSD Circular No. 01 of 2020.
   
   
4. All e-commerce/online payment acquirers operating in Pakistan shall enable acceptance of Domestic Payment Scheme (DPS) card for card-not-present (CNP) transactions on their respective payment gateways by June 30, 2023.
   
   
5. All other instructions on the subject shall remain same