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 Standard – Business Debit

Interchange: 2.95% + $0.10 Commercial Card Standard – Business Debit is a Visa Interchange Rate for a commercial debit card transaction. Change History: Introduced April 2012 Primary Qualifications: Commercial Card accepted at T&E location, transaction settled 3 or more days after authorization. Commercial Card accepted at a non-T&E location without additional data (customer code and/or…

Signature Preferred Standard

Interchange: 2.95% + $0.10 Signature Preferred Standard Interchange Reimbursement Fee is the Visa Interchange rate for signature rewards type credit transactions settled 3 or more days after authorization, accepted at a T&E location or at a non-T&E location and non-CPS Compliant Signature Preferred Card accepted at T&E location Transaction settled 3 or more days after authorization Accepted at…