Credit Card Processing

Visa CPS/Retail 2 Card Not Present


March 26, 2018

CPS Retail 2 Card Not Present is a Visa interchange category that is used to calculate interchange fees for transactions involving a credit card for some businesses that accept cards in a manner other than swiping.

Interchange rate & fee: 1.43% + $0.05

Also known as:

CPS Retail 2 is a Visa interchange category that is used to calculate interchange fees for transactions involving a credit card for certain business types.

Qualification criteria:
The CPS Retail 2 interchange category will apply under the following conditions:

  • Authorization is obtained on the same day as the transaction
  • The transaction meets enhanced data requirements
  • The transaction meets requirements for one of the following CPS programs: Retail, Retail Key Entry, Card Not Present, E-Commerce Basic, or E-Commerce Preferred
  • The transaction is settled within 3 days (excluding Sundays and holidays) for mail, phone, and face to face transactions. (All other transactions must be settled within 2 days excluding Sundays and holiday.)
  • The business is classed with a valid Merchant Category Code (MCC)

Eligible Merchant Category Codes:
The CPS Retail 2 interchange category applies to the following merchant category codes (MCCs):

  • 9211 (Court Costs)
  • 9222 (Fines – Gov’t)
  • 9399 (Gov’t Services)
  • 8211 (Elementary/Secondary Schools)
  • 8220 (Colleges/Universities)
  • 8299 (Education Services)
  • 5960 (Direct Marketing – Insurance Services)
  • 5968 (Direct Marketing – Subscriptions)
  • 5983 (Fuel Dealers)
  • 6300 (Insurance Underwriting)
  • 4899 (Cable/Satellite and other Pay TV & Radio (debit & prepaid only)
  • 8351 (Child Care)
  • 8398 (Charities – debit & prepaid only)
  • 7800 (Government Owned Lotteries)

Typical bundled qualification:
Although qualifications for transactions vary, many processors class the CPS Retail interchange category as “qualified” for transactions processed by card-present and card-not-present businesses.

Ben Dwyer

BY Ben Dwyer

Ben Dwyer began his career in the processing industry in 2003 on the sales floor for a Connecticut‐based processor. As he learned more about the inner‐workings of the industry, rampant unethical practices, and lack of assistance available to businesses, he cut ties with his employer and started a blog where he could post accurate information about credit card processing.As the blog gained in popularity, Ben began directly assisting merchants in their search for a processor. Ben believes in empowering businesses by providing access to fair, competitive pricing, accurate information, and continued support. His dedication to transparency and education has made CardFellow a staunch small business advocate in the credit card processing industry.


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