- Interchange: 0.70% + $0.17
Petroleum – CAT/AFD and Service Stations are the MasterCard Interchange rates for a base card type card present debit transaction.
Primary Qualifications CAT/AFD:
- Cardholder and card present signature obtained single electronic authorization read & transmit complete magnetic stripe transaction settled within 1 day of authorization Banknet reference number and Banknet date required in clearing transaction.
- CAT Indicator must be present.
Primary Qualifications Service Stations:
- Cardholder and card present signature obtained single electronic authorization read & transmit complete magnetic stripe transaction settled within 1 day of authorization Banknet reference number and Banknet date required in clearing transaction.
- Sic code is 5541.