Mastercard Merit 1 Interchange Fees
Merit 1 (or Merit I) is a set of Mastercard interchange categories that dictate the rates for certain Mastercard payments.
Merit 1 (or Merit I) is a set of Mastercard interchange categories that dictate the rates for certain Mastercard payments.
CPS Car Rental, CPS Hotel, and CPS Passenger Transport are interchange categories that determine the interchange fees a business in one of those industries pays to accept a debit or prepaid card online or by keying it in.
“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 debit or prepaid cards in person.
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.
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.
Commercial card not present interchange refers to an interchange category that determines the fee a business will pay for accepting commercial credit cards online or by keying in the transaction information.
The commercial debit and commercial prepaid card not present interchange categories determine the interchange fee a business will pay for accepting those card types.
Commercial Standard previously referred to a Visa interchange “downgrade” category, but now refers to something else entirely.