• Interchange Rate: 2.05% + $0.10

Corporate Face-to-Face – Petroleum is the MasterCard Interchange Fee for a commercial card type credit transaction accepted by a gas station or fuel dealer.

Primary Qualifications:

  • Cardholder and card present signature obtained single electronic authorization read & transmit complete magnetic stripe transaction settled within 1 day of authorization Banknet reference number and Banknet date sales tax amount and customer code required in clearing transaction and includes 635 Purchasing Card Format 1 addendum record with merchant location zip code merchant state/providence code.
  • Valid Federal Taxpayer Identification number is required.
  • Sic is 4468 5499 5983 7511 9752 5541 or 5542.