Utility

Utility is the Visa Interchange Rate for a base card type credit transaction accepted by a registered utility.

Primary Qualifications:

• Transaction can be full magnetic stripe read or key-entered.
• Transaction settled within 1 days of authorization, authorization response data included in settled transaction.
• Transactions must be from a 4900 sic code.
• Registration is required and the assigned MVV value must be passed to Visa in the settlement record.