- Interchange: 1.60% + $0.05
CPS/Small Ticket Prepaid is the Visa Interchange Rate for a prepaid card small ticket card present transaction.
Change History: Introduced October 2011
- Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe
- Transaction settled within 1 day of authorization, authorization response data included in settled transaction.
- Transaction is less than $15.00.
- Non-excluded Sic Code.