Interchange Fees

CPS Hotel and CPS Car Rental Card Present Interchange

We’re also including “CPS Passenger Transport” (such as airlines, cruises, and railways) interchange categories in this article. The reason is that all of these industries fall under “travel and entertainment” and many have the same requirements and rates despite the different business types. These categories only apply to “card present” transactions, but apply to all…

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“CPS Hotel” and “CPS Car Rental” are Visa interchange categories that determine the rates and fees a hotel or car rental agency will pay to accept cards in person.

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Interchange Fees

Visa International Card Not Present Interchange

For the purposes of interchange, “international” cards are credit and debit cards issued by a bank located outside of the United States. Visa also sometimes refers to the cards and interchange as “interregional” instead of international. These categories apply to both international credit and debit cards in a “card not present” (CNP) transaction. They do…

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The international card not present interchange categories determine the fee a U.S.-based business will pay to accept an international Visa card online or by keying in card details.

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Interchange Fees

International Card Present Credit – Visa Interchange

Interchange fees make up the bulk of total credit card processing costs. The specific interchange category that will apply to any given transaction depends on the card type and other factors. These international card present categories refer to credit cards issued outside the United States, but used in-person at a U.S. business. Many U.S. businesses…

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Visa’s international card present credit interchange categories dictate the interchange fees a business will pay to accept an international credit card at a business in the U.S.

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Interchange Fees

Visa Enhanced Data Interchange Rates and Requirements

Providing level 2 / level 3 data can make a business eligible for enhanced data interchange categories, which carry lower rates and fees than non-enhanced categories. Enhanced data is only available for certain types of commercial card transactions, or B2B payments. It does not apply to consumer transactions. B2B processing and enhanced data are specialty…

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Enhanced data (also sometimes called level 2 or level 3 data) refers to information provided with a credit card transaction that goes beyond the basic details.

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Interchange Fees

Commercial Card Not Present Visa Interchange

These categories do not represent the lower rates available for enhanced data, which we’ll also explain in this article. Additionally, these categories only apply to commercial credit cards. They do not apply to commercial debit and prepaid cards, nor to consumer cards of any type. Commercial Credit Card Not Present Interchange Rates Corporate Credit Card…

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Commercial card not present interchange refers to categories that determine the fee a business will pay for accepting commercial credit cards online or by keying in the transaction information.

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Interchange Fees

Commercial Debit and Prepaid Card Not Present – Visa Interchange

Sometimes abbreviated “CNP,” card not present refers to any method of accepting a card where the card isn’t swiped, dipped, or tapped to a card terminal. It can include online payments (such as electronic invoices or online shopping carts / checkouts) as well as “keyed” cards where you enter the card details into a secure…

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The commercial debit and commercial prepaid card not present interchange categories determine the interchange fee a business will pay for accepting those card types.

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Interchange Fees

Commercial Standard Interchange – Visa

When accepting a credit card, there will be a “target” interchange category for each transaction. But if the transaction doesn’t meet the requirements for that category, it will “downgrade” to a more expensive category. For commercial credit cards, “Standard” is that downgrade. The Commercial Standard downgrade category applies to all commercial cards, including business, corporate,…

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Commercial standard is a set of Visa interchange categories that indicate a business was penalized with more expensive rates to accept certain cards.

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Interchange Fees

International Card Present Debit – Visa Interchange

You may also see these categories referred to as “interregional” debit. These rates do not apply to international credit cards, which have their own categories. They also do not apply to “card-not-present” transactions of any kind – debit or credit. International Card Present Debit Rates What is regulated debit? International Card Present Debit Criteria Interregional…

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International card present debit interchange categories determine the interchange rates a business will pay when accepting an international debit card in the United States.

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