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…

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…

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…

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,…

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…

These categories do not apply to credit cards of any kind or to consumer debit or prepaid cards. Commercial Card Present – Business Interchange Rates When does Commercial Card Present – Business apply? Regulated vs. Unregulated Debit Debit and Prepaid Downgrades Abbreviations and Aliases Commercial Card Present – Business Interchange Rates There are three categories,…

These categories do not apply to commercial debit or prepaid cards, nor to “card not present” transactions. (Including online commercial card use and keyed commercial cards.) Commercial Card Definition Visa Commercial Card Retail Rates Rates for Purchasing and Corporate – Travel Commercial Card Retail Interchange Qualification Card Present Commercial Credit Card Meets CPS Criteria Does…

Standard is the most expensive possible interchange category for consumer cards. It means that you paid the maximum to process that transaction. Seeing a lot of “Standard” or abbreviations like “CONS STND” on your monthly processing statements? That indicates a problem with your transaction process. If you’re a CardFellow member, give us a call for…