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IFR transactions by acquirers operating in the United Kingdom

149all transactions subject to the IFR acquired by:

  1. (a) UK-based acquirers (or an operator acting as such an acquirer) resulting in payments to merchants located in the UK166, where the card issuer is located in the UK166;
  2. (b) UK-based acquirers (or an operator acting as such an acquirer) resulting in payments to merchants located outside the UK166, where the card issuer is located in the UK166; and
  3. (c) non-UK-based acquirers (or an operator acting as such an acquirer) resulting in payments to merchants located in the UK166, where the card issuer is located in the UK166.