Assessment
Assessment: 0.105% + $0.00 Discover Assessment is the Discover Assessment Fee billed on all sales volumes. Change History: 0.10% October 2011 Primary Qualifications: Assessment Percent fee billed on all sales volumes.
DetailsAssessment Per Item (Data Transmission Fee)
Assessment: 0.0% + $0.0025 Discover Assessment Per Item / Data Transmission Fee is the Discover Assessment Fee charged on each sale item. Primary Qualifications: Assessment Per Item fee billed on sales items.
DetailsInternational Base Submission
Interchange: 1.70% + $0.10 International Base Submission Interchange Category is the Discover Interchange Rate for an international credit transaction settled within 3 days of authorization or key entered. Primary Qualifications: Does not meet requirements for International Electronic. No timeliness requirement. Keyed International transactions will always fall here.
DetailsCommercial Base Submission
Interchange: 2.95% + $0.10 Commercial Base Submission Interchange Category is the Discover Interchange Rate for a commercial credit transaction settled within 3 days of authorization. Primary Qualifications: Does not meet requirements for Commercial Electronic Submission (above). No timeliness requirement.
DetailsBase Submission Debit Regulated
Interchange: 0.05% + $0.22 Regulated Debit Interchange is the Discover 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 Discover Debit Card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
DetailsBase Submission Debit
Interchange: 1.89% + $0.25 Base Submission Debit Interchange Category is the Discover Interchange Rate for a debit transaction settled within 3 days of authorization. Primary Qualifications: Does not meet requirements for Mid Submission Level. No timeliness requirement.
DetailsBase Submission
Interchange: 2.95% + $0.10 Base Submission Interchange Category is the Discover Interchange Rate for a credit transaction settled within 3 days of authorization. Primary Qualifications: Does not meet requirements for Mid Submission Level. No timeliness requirement.
DetailsMid Submission Debit Regulated
Interchange: 0.05% + $0.22 Regulated Debit Interchange is the Discover 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 Discover Debit Card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
DetailsMid Submission Debit
Interchange: 1.72% + $0.20 Mid Submission Debit Interchange Category is the Discover Interchange Rate for a debit transaction settled within 3 days of authorization. Primary Qualifications: Card Present and Card Not Present sales approved auth response transaction settled within 3 days for all MCCs; STAN required in clearing transaction. Any MCC except for High Risk…
DetailsMid Submission
Interchange: 2.40% + $0.10 Mid Submission Interchange Category is the Discover Interchange Rate for a credit transaction settled within 2 days of authorization. Primary Qualifications: Card Present and Card Not Present sales approved auth response transaction settled within 2 days for all MCCs; STAN required in clearing transaction. Any MCC except for High Risk 5962…
Details