Category: Electronic Interchange Re-Imbursement Fee (EIRF)

Visa Rate Changes

March 25, 2020/0/0/

UPDATE:  Visa had provided new guidance that the below changes will now be implemented on July 17, 2020.  Click here for more details.   Visa is announcing updates to U.S. credit interchange rates and related modifications that will be effective on Central Processing Date (CPD) 18 April 2020 and CPD 17 October 2020.  Please see […]

Base Card Types, Electronic Interchange Re-Imbursement Fee (EIRF), Interchange Intelligence, Standard Interchange Re-Imbursement Fee (Standard), Visa Interchange Rates

International Electronic

February 16, 2016/0/0/

Interchange: 1.10% + $0.00 International Electronic is the Visa Interchange rate for an international card type credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Non-US issued card at a US merchant that is swiped, valid auth, and settled within 2 days.

Electronic Interchange Re-Imbursement Fee (EIRF)

Commercial Card Electronic Business Signature

February 16, 2016/0/0/

Interchange: 2.80% + $0.20 Commercial Card Electronic Business Signature is the Visa Interchange fee for a commercial card type Business Signature credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Change History: Introduced October 2011 Primary Qualifications: Corporate Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant […]

Electronic Interchange Re-Imbursement Fee (EIRF)

Commercial Card Electronic Business Enhanced

February 16, 2016/0/0/

Interchange: 2.75% + $0.15 Commercial Card Electronic Business Enhanced is the Visa Interchange rate for a commercial card type Business Enhanced credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Change History: Introduced October 2011 Primary Qualifications: Corporate Card accepted at T&E location, transaction settled within 2 days of authorization and CPS […]

Electronic Interchange Re-Imbursement Fee (EIRF)

Commercial Card Electronic

February 16, 2016/0/0/

Interchange: 2.25% + $0.10 Corporate Card Electronic is the Visa Interchange rate for a commercial card type credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Corporate Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant Transaction at a non-T&E location with additional data (customer code […]

Electronic Interchange Re-Imbursement Fee (EIRF)

Corporate Card Electronic

February 16, 2016/0/0/

Interchange: 2.75% + $0.10 Corporate Card Electronic is the Visa Interchange rate for a corporate card type credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Change History: 2.25% + $0.10 October 2011 Primary Qualifications: Corporate Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant Transaction […]

Electronic Interchange Re-Imbursement Fee (EIRF)

Business Card Electronic

February 16, 2016/0/0/

Interchange: 2.40% + $0.10 Business Card Electronic is the Visa Interchange rate for a business card type credit transaction that is non-CPS Compliant or settled within 2 days of authorization. Primary Qualifications: Business Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant Transaction at a non-T&E location with additional data (customer code and Sales […]

Electronic Interchange Re-Imbursement Fee (EIRF)

Signature Preferred Electronic

February 16, 2016/0/0/

Interchange: 2.40% + $0.10 Signature Preferred Electronic is an EIRF (Electronic Interchange Reimbursement Fee) transaction. It is the Visa Interchange rate for a signature preferred rewards type card credit transaction accepted at T&E location or settled within 2 days of authorization Signature Preferred Card accepted at T&E location Transaction settled within 2 days of authorization

Electronic Interchange Re-Imbursement Fee (EIRF)

Purchasing Card Electronic

February 16, 2016/0/0/

Interchange: 2.75% + $0.10 Purchasing Card Electronic is the Visa Interchange rate for a purchasing card type transaction that is non-CPS Compliant or settled within 2 days of authorization Change History: 2.65% + $0.10 October 2011 Primary Qualifications: Purchasing Card accepted at T&E location, transaction settled within 2 days of authorization and CPS Compliant Transaction at a non-T&E location with […]

Electronic Interchange Re-Imbursement Fee (EIRF)

Purchasing Electronic with Data

February 16, 2016/0/0/

Interchange: 2.65% + $0.10 Purchasing Electronic with Data is the Visa Interchange rate for a purchasing card type credit transaction with level 3 data that is non-CPS compliant. Primary Qualifications: Purchasing Card transaction at a non-T&E location Level 3 data Non-CPS Compliant.

Electronic Interchange Re-Imbursement Fee (EIRF)
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