For the purposes of interchange, “international” cards are credit and debit cards issued by a bank located outside of the United States. Visa also sometimes refers to the cards and interchange as “interregional” instead of international. These categories apply to both international credit and debit cards in a “card not present” (CNP) transaction. They do […]

Interchange fees make up the bulk of total credit card processing costs. The specific interchange category that will apply to any given transaction depends on the card type and other factors. These international card present categories refer to credit cards issued outside the United States, but used in-person at a U.S. business. Many U.S. businesses

This category does not represent the lower rates available for enhanced data, which we’ll also explain in this article. Additionally, the category only applies to commercial cards, not consumer cards or prepaid commercial cards. Note: In the past, Visa had more categories under the Commercial Card Not Present umbrella, including corporate, purchasing, and business credit

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

In the past, Visa Commercial Standard meant that when a commercial card was used but it didn’t meet criteria for its “target” interchange category, it “downgraded” to a more expensive category. For commercial credit cards, “Standard” was that downgrade. However, at this point, the only Commercial Standard category applies to international cards. So what happened

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 Visa technically only lists 1 interchange rate/category for transactions that

These categories do not apply to credit cards of any kind or to consumer debit or prepaid cards. Commercial Card Present – Business Interchange Rates There are two categories, with corresponding rates. However, one category specifically refers to “regulated” cards, which I’ll get into in detail later in this article. Volume Rate Per-Transaction Fee Commercial

Note: As of this update in 2023, Visa no longer uses the commercial card retail categories noted here. They have been eliminated or merged / renamed. We’re leaving this article up for historical purposes, but it will no longer be updated.   These categories do not apply to commercial debit or prepaid cards, nor to

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

The “CNP” stands for “card not present,” which tells you that these categories do not apply to transactions where you swipe a customer’s card. (It also does not apply to digital wallet payments – like Apple Pay – where a customer “taps” a phone or smart watch to a compatible credit card machine. Those payments