- Interchange: 1.20% + $0.05
Recurring Payments Core Interchange Category is the Discover Interchange Rate for a recurring payment credit transaction.
Primary Qualifications:
- Recurring payment transactions from one of the following sic codes: 4812 4814 4899 4900 5960 5968 6300 7298 7997 8675 and 8699.
- Transactions can be face-to-face or card not present approved authorization reponse and settled within 1 day of authorization.
- Processing code must be 13 14 15 or 16.