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FX live, 150 of 153 currencies refreshed 29 Sept 2026 from open.er-api.com (exchangerate-api.com). The remainder use a seeded reference rate.
Network International · launched 1994
The Gulf's largest acquirer and processor, handling card acceptance for merchants across the GCC and parts of Africa.
Representative of this rail in this market. Directionally useful, but not a quotable rate, confirm with the provider. Source: Market estimate for GCC acquiring.
In force since 1 Jul 2024
5.04% effective
−8.6% relative · from 2.85%
−20.3% relative · 4 revisions
Online · percentage component
Rates are step functions: each level holds until it is replaced.
Every recorded change, newest first, with the movement from the rate it replaced.
1 Jul 2024 → current
3 Aug 2022 → 1 Jul 2024
Scheme fee pass-through adjusted.
3 Nov 2020 → 3 Aug 2022
Local acquiring introduced, reducing cross-border cost.
Online pricing across every country where this method is available, with the cost on a ZAR 100.00 payment for comparison.
1 Jan 2019 → 3 Nov 2020
| Kuwait | 2.6% + KWD 0.050 | KWD 2.650 | 2.65% | 3 Nov 2024 | Estimate |
| Lebanon | 2.6% + LBP 13,425.00 | LBP 13,427.60 | 13427.60% | 7 Jun 2024 | Estimate |
| Nigeria | 2.6% + NGN 200.00 | NGN 202.60 | 202.60% | 22 Jul 2024 | Estimate |
| Oman | 2.6% + OMR 0.060 | OMR 2.660 | 2.66% | 27 Apr 2024 | Estimate |
| Qatar | 2.6% + QAR 0.55 | QAR 3.15 | 3.15% | 18 Oct 2023 | Estimate |
| Saudi Arabia | 2.6% + SAR 0.56 | SAR 3.16 | 3.16% | 29 Dec 2024 | Estimate |
| South Africa | 2.6% + ZAR 2.44 | ZAR 5.04 | 5.04% | 1 Jul 2024 | Estimate |
| United Arab Emirates | 2.6% + AED 0.55 | AED 3.15 | 3.15% | 12 Apr 2024 | Estimate |