- Interchange: 2.50% + $0.10
World Elite Merit I is the MasterCard Interchange Rate for a world elite rewards card type credit transaction.
Primary Qualifications:
- Card not present at time of authorization single electronic authorization transaction settled within 2 days of authorization Banknet reference number and Banknet date required in clearing transaction.
- Non face-to-face and e-commerce transactions are exempt from the timeliness test.