CPS Service Stations Prepaid

February 17, 2016/0/0

  • Interchange: 1.15% + $0.15

CPS Service Stations Prepaid is the Visa Interchange Rate for a card present prepaid card transaction accepted at a service station merchant location.

Change History: Introduced October 2011

Primary Qualifications:

  • 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
  • Sic code is 5541.
  • Transaction is greater than $15.00