CPS Rewards 2 is the Visa interchange category that is used to calculate the interchange fee for card-not-present transactions and keyed card-present transactions involving a credit card or regulated debit card that produces rewards for the cardholder, such as cash back, or airline miles.
CPS Rewards 2 and Signature Preferred are Visa interchange categories that determine what a business pays when accepting a “rewards” credit card online or by keying it in.
