Interchange Fees

CPS Retail Debit and Prepaid – Visa Interchange

The CPS Retail Debit and Prepaid interchange categories are largely the same as CPS Retail. The difference is the card type. CPS Retail applies to consumer non-rewards credit cards, while CPS Retail Debit and CPS Retail Prepaid apply to debit and prepaid cards, respectively. Furthermore, the debit categories only apply to signature debit. (Sometimes called…

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The terms “CPS Retail Debit” and “CPS Retail Prepaid” refer to Visa interchange categories that dictate part of the fee that businesses pay for certain debit and prepaid transactions.

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Interchange Fees

Visa CPS/Restaurant

CPS Restaurant is the Visa interchange category that is used to calculate the interchange cost for card-present transactions that take place at a restaurant, including fast food businesses.

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“CPS Restaurant” is the beginning part of several fee categories that relate to what restaurants will pay to accept Visa consumer credit, debit, and prepaid cards.

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Interchange Fees

CPS Rewards 1 and Signature Preferred – Visa Interchange

CPS Rewards 1 is a Visa interchange category that is used to calculate the interchange fee for swiped transactions involving a credit card that produces rewards for the cardholder, such as cash back, or airline miles.

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CPS Rewards and Signature Preferred refer to Visa interchange fees for consumer credit cards that offer rewards (such as cash back or airline miles) for the cardholder.

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Interchange Fees

CPS/Retail Credit – Visa Consumer Interchange

CPS Retail is the Visa interchange category that is used to calculate the interchange fee for card-present transactions when a traditional consumer credit card (instead of rewards, business or government cards) is used and the customer’s signature is obtained.

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CPS Retail categories are among the most common Visa interchange rates, as they apply to many basic transactions at retail stores.

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Interchange Fees

CPS/Card Not Present – Visa Consumer Credit Interchange

The CPS Card Not Present interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a traditional consumer credit card (instead of rewards, business or government cards) taken by mail or over the phone.

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CPS card not present categories refer to Visa interchange rates that apply to many basic online and keyed transactions.

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