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 […]
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.