Visa Rate Changes

UPDATE:  Visa had provided new guidance that the below changes will now be implemented on July 17, 2020.  Click here for more details.   Visa is announcing updates to U.S. credit interchange rates and related modifications that will be effective on Central Processing Date (CPD) 18 April 2020 and CPD 17 October 2020.  Please see…

Commercial Card Electronic Business Signature

Interchange: 2.80% + $0.20 Commercial Card Electronic Business Signature is the Visa Interchange fee for a commercial card type Business Signature credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Change History: Introduced October 2011 Primary Qualifications: Corporate Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant…

Commercial Card Electronic Business Enhanced

Interchange: 2.75% + $0.15 Commercial Card Electronic Business Enhanced is the Visa Interchange rate for a commercial card type Business Enhanced credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Change History: Introduced October 2011 Primary Qualifications: Corporate Card accepted at T&E location, transaction settled within 2 days of authorization and CPS…

Business Card Electronic

Interchange: 2.40% + $0.10 Business Card Electronic is the Visa Interchange rate for a business card type credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Primary Qualifications: Business Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant Transaction at a non-T&E location with additional data (customer code and Sales…

Purchasing Card Electronic

Interchange: 2.75% + $0.10 Purchasing Card Electronic is the Visa Interchange rate for a purchasing card type transaction that is non-CPS Compliant or settled within 2 days of authorization Change History: 2.65% + $0.10 October 2011 Primary Qualifications: Purchasing Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant Transaction at a non-T&E location with…