CPS E-commerce Preferred Prepaid

CPS E-commerce Preferred Prepaid is a Visa Interchange Fee for a card not present e-commerce prepaid card transaction.

Change History: Introduced October 2011

Primary Qualifications:

• Single electronic authorization, authorization must include Address Verification (AVS), order number, and customer service number, purchase date equal to shipping date and within 7 days of authorization
• Transaction settled on or 1 day after purchase/shipping date
• Settled amount must equal authorized amount, authorization response data included in the settled transaction.
• MOTO/ECI Indicator should be a 7 for secure internet transaction.
• Internet merchants should qualify at this rate