High Value Key Entered

High Value Key Entered is the MasterCard Interchange Fee for a high value rewards card type credit transaction.

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.
• The sixth position of the approval code must be either an S” meaning participation in MasterCard High Value or “T” meaning participation in MasterCard High Value and MasterCard Product Graduation.