High Value MasterCard T&E

High Value World MasterCard T&E is the MasterCard Interchange Fee for a high value world mastercard rewards card credit transaction. T&E stands for Travel & Entertainment.

Primary Qualifications:

• Card accepted at T&E location single electronic authorization transaction settled within 2 days of authorization Banknet reference number and Banknet date and market specific data 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.