- Interchange: 1.15% + $0.15
MC Travel Industries Premier Service Prepaid is the MasterCard Interchange rate for a base card type prepaid debit transaction.
- Introduced October 2012
- 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 car rental or cruise line merchant segments.
- "Premier" clearing records must contain a 635 lodging or car rental addendum record.