Utility Prepaid Debit

Utility Prepaid Debit is the MasterCard Interchange Rate for a prepaid debit card transaction accepted by a registered utility.

Change History:

• Introduced October 2012

Primary Qualifications:

• Transaction can be full magnetic stripe read or key-entered.
• Transaction settled within 1 days of authorization authorization response data included in settled transaction.
• Transactions must be from a 4900 sic code.
• Registration is required and the assigned registration code must be passed to MasterCard in the settlement record.