World Business Data Rate I

World Business Data Rate I is the MasterCard Interchange Fee for a world business / rewards credit transaction.

Primary Qualifications:

• Single electronic authorization transaction settled within 2 days of authorization Banknet reference number and Banknet date required in clearing transaction accepted at a non-T&E location.
• Valid Federal Taxpayer Identification number is required.
• Commercial Card accepted at a non-T&E location.
• 635 Purchasing Card Format 1 addendum record with merchant street address postal code merchant state/province code.
• Fleet cards at fuel locations require fuel data.