Visa is updating U.S. credit interchange rates and related modifications that will be effective in April 2022. Please see below for more details. Canada Domestic Interchange Programs Utility Fee Program New Interchange Fee Programs for US Manual Cash Disbursement Transactions Additional Interchange Rates for Commercial Choice Program in the US Region Merchant Segment Interchange Fee…
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…
Interchange: 1.60% + $0.00 International Standard is the Visa Interchange rate for an international card type credit transaction that does not qualify under any other program. Primary Qualifications: Non-US issued card at a US merchant that does not qualify for any other International program.
Interchange: 2.95% + $0.10 Commercial Card Standard – Business Debit is a Visa Interchange Rate for a commercial debit card transaction. Change History: Introduced April 2012 Primary Qualifications: Commercial Card accepted at T&E location, transaction settled 3 or more days after authorization. Commercial Card accepted at a non-T&E location without additional data (customer code and/or…
Interchange: 2.95% + $0.10 Commercial Card Standard is the Visa interchange rate for a commercial card type credit transaction that has been downgraded for late settlement of incomplete card data submission. Primary Qualifications: Commercial Card accepted at T&E location, transaction settled 3 or more days after authorization. Commercial Card accepted at a non-T&E location without…
Interchange: 2.95% + $0.10 Signature Card Standard is the Visa interchange rate for a signature rewards card type credit transaction that has been downgraded for late settlement or incomplete card data. Primary Qualifications: Signature Preferred Card accepted at T&E location, transaction settled 3 or more days after authorization. Signature Preferred Card accepted at a non-T&E…
Interchange: 2.95% + $0.10 Signature Preferred Standard Interchange Reimbursement Fee is the Visa Interchange rate for signature rewards type credit transactions settled 3 or more days after authorization, accepted at a T&E location or at a non-T&E location and non-CPS Compliant Signature Preferred Card accepted at T&E location Transaction settled 3 or more days after authorization Accepted at…
Interchange: 0.05% + $0.22 Regulated Debit Interchange is the Visa Interchange Rate set by the Federal Reserve capping Interchange Fees charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a Visa Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
Interchange: 1.90% + $0.25 Standard Interchange Reimbursement Fee is the Visa Interchange rate for a base card type debit transaction settled 3 or more days after authorization, or paper processed. Transaction settled 3 or more days after authorization. Paper processed.
Interchange: 2.70% + $0.10 Standard Interchange Reimbursement Fee is the Visa Interchange rate for a base card type credit transaction settled 3 or more days after authorization, or paper processed. Transaction settled 3 or more days after authorization. Paper processed.