• Interchange: 1.76% + $0.20

Key Entered Prepaid Debit is the MasterCard Interchange rate for a base card type card present key entered prepaid debit transaction.

Change History:

  • Introduced October 2012

Primary Qualifications:

  • Cardholder and card present at time of authorization signature obtained single electronic authorization
  • Transaction settled within 1 day of authorization
  • Banknet reference number and Banknet date required in clearing transaction