Interchange: 0.05% + $0.22 Regulated Debit Interchange is the Visa Interchange Rate set by the Federal Reserve capping Interchange Fees charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a Visa Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
DetailsInterchange: 0.00% + $0.30 CPS/Supermarket Debit is the Visa Interchange rate for a base card type card present or signature debit transaction. Unregulated debit cards issued by banks with less than $10 billion in assets (small banks, credit unions, etc.) will clear at this interchange rate. These cards are exempt from the Durbin Amendment. Change…
DetailsInterchange: 1.22% + $0.05 CPS/Supermarket Credit is the Visa Interchange rate for a base card type card present or signature credit transaction. Change History: 1.24% + $0.05 April 2011 Primary Qualifications: Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe, transaction settled within 1 day of authorization, authorization response…
DetailsInterchange: 1.60% + $0.05 CPS/Small Ticket Prepaid is the Visa Interchange Rate for a prepaid card small ticket card present transaction. Change History: Introduced October 2011 Primary Qualifications: Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe Transaction settled within 1 day of authorization, authorization response data included in…
DetailsInterchange: 0.05% + $0.22 Regulated Debit Interchange is the Visa Interchange Rate set by the Federal Reserve capping Interchange Fees charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a Visa Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
DetailsInterchange: 1.55% + $0.04 CPS/Small Ticket Debit is the Visa Interchange rate for a base card type card present and signature small ticket (less than $15.00) debit transaction. Unregulated debit transactions on cards issued by banks with under $10 billion in assets (small banks, credit unions, etc.) will clear at this interchange rate. These transactions…
DetailsInterchange: 1.65% + $0.04 CPS/Small Ticket is the Visa Interchange rate for a base card type card present and signature small ticket (less than $15.00) credit transaction. Change History: Non-excluded Sic Codes expanded effective October 2010, to include most merchants except direct marketing, grocery stores, service stations, convenience stores, and financial tractions. Primary Qualifications: Cardholder…
DetailsInterchange: 1.15% + $0.15 CPS/Restaurant Prepaid is the Visa Interchange Rate for a card present prepaid card transaction at a restaurant merchant location. Change History: Introduced October 2011 Primary Qualifications: Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe Transaction settled within 1 day of authorization, authorization response data…
DetailsInterchange: 0.05% + $0.22 Regulated Debit Interchange is the Visa Interchange Rate set by the Federal Reserve capping Interchange Fees charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a Visa Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
DetailsInterchange: 1.19% + $0.10 CPS Restaurant Debit is the Visa Interchange rate for base card types in a card present and signature debit transaction. Primary Qualifications: Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe Transaction settled within 1 day of authorization, authorization response data included in settled transaction.…
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