Interchange: 1.90% + $0.00 ($0.95 Cap) Petroleum is the MasterCard Interchange rate for a base card type 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 required in clearing transaction.…
DetailsInterchange: 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…
DetailsInterchange: 1.15% + $0.15 MC Travel Industries Premier Service Prepaid is the MasterCard Interchange rate for a base card type prepaid debit transaction. Change History: Introduced October 2012 Primary Qualifications: Single electronic authorization must include "Premier" indicator transaction settled within 1 day of authorization Banknet reference number and Banknet date required in clearing transaction. Must…
DetailsInterchange: 1.36% + $0.15 MC Travel Industries Premier Service Debit is the MasterCard Interchange rate for a base card type debit transaction. Primary Qualifications: Single electronic authorization must include "Premier" indicator transaction settled within 1 day of authorization Banknet reference number and Banknet date required in clearing transaction. Must be qualified and registered travel merchant…
DetailsInterchange: 1.74% + $0.10 MC Travel Services Premier is the MasterCard Interchange rate for a base card type credit transaction. Primary Qualifications: Single electronic authorization must include "Premier" indicator Transaction settled within 1 day of authorization Banknet reference number and Banknet date required in clearing transaction. Must be qualified and registered travel merchant from lodging…
DetailsInterchange: 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…
DetailsInterchange: 1.76% + $0.20 Merit I Prepaid Debit is the MasterCard Interchange rate for a base card type card not present ecommerce prepaid debit transaction. Change History: Introduced October 2012 Primary Qualifications: Card not present at time of authorization single electronic authorization transaction settled within 2 days of authorization Banknet reference number Banknet date required…
DetailsInterchange: 1.60% + $0.15 Merit I Debit is the partially qualified rate for card not present debit transactions. Change History: April 2012 1.64% + $0.16 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 Also…
DetailsInterchange: 1.89% + $0.10 Merit I is the MasterCard Interchange rate for a base card type card not present credit transaction. Card not present at time of authorization single electronic authorization transaction settled within 2 days of authorization Banknet reference number Banknet date required in clearing transaction. Non face-to-face and e-commerce transactions are exempt from…
DetailsInterchange: 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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