Corporate Face to Face – Corporate

Interchange: 2.15% + $0.10 Corporate Face to Face – Corporate is the MasterCard Interchange rate for a card present credit transaction. Primary Qualifications: 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 sales tax amount and…

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Corporate Data Rate I

Interchange: 2.65% + $0.10 Corporate Data Rate I is the MasterCard Interchange rate for Commercial Card credit transaction accepted at a non-T&E location. Primary Qualifications: Commercial Card accepted at a non-T&E location. 635 Purchasing Card Format 1 addendum record with merchant street address postal code merchant state/province code. Fleet cards at fuel locations require fuel…

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Corporate Data Rate III

Interchange: 1.80% + $0.10 Corporate Data Rate III is the MasterCard Interchange rate for a base card type commercial GSA and purchasing credit transactions submitted with Level III Data. Primary Qualifications: Commercial Card accepted at a non-T&E location. 635 Purchasing Card Format 1 addendum record with merchant street address postal code merchant state/province code tax…

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Utility Debit Regulated

Interchange: 0.05% + $0.22 Regulated Debit Interchange is the MasterCard Interchange Fee set by the Federal Reserve capping Interchange Rates charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a MasterCard Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…

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Utility Prepaid Debit

Interchange: 0.00% + $0.65 Utility Prepaid Debit is the MasterCard Interchange Rate for a prepaid debit card transaction accepted by a registered utility. Change History: Introduced October 2012 Primary Qualifications: Transaction can be full magnetic stripe read or key-entered. Transaction settled within 1 days of authorization authorization response data included in settled transaction. Transactions must…

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