CPS Automated Fuel Prepaid

February 17, 2016/0/0

  • Interchange: 1.15% + $0.15

CPS Automated Fuel Prepaid is the Visa Interchange Rate for a card present prepaid card transaction at a automated fuel dispenser merchant location.

Change History: Introduced October 2011

Primary Qualifications:

  • Cardholder and card present, single electronic authorization, read & transmit complete magnetic stripe, transaction settled within 1 day of authorization, authorization response data included in settled transaction.
  • Merchant name and location sent in authorization request.
  • A $1 status check is performed on the authorization and clearing amount must be less than or equal to $125.