Credit Card Processing

Visa Signature Preferred Card Not Present

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Signature Preferred Card Not Present or CNP is a Visa interchange category used to determine the fee for transactions that take place with the credit card not present at businesses other than travel services.

Interchange rate & fee: 2.40% + $0.10

Also known as:
VSP CNP

As noted above, Visa’s Signature Preferred Card Not Present interchange category determines the fee for transactions that take place with the credit card not present at businesses other than travel services.

Qualification criteria:
The Signature Preferred CNP interchange category will apply under the following conditions:

  • The business and acquirer are both US-based
  • The transaction qualifies for one of the following CPS programs: Card Not Present, E-Commerce Basic, E-Commerce Preferred, CPS Retail 2, or CPS Account Funding
  • The transaction is settled within 3 days of the transaction date (excluding Sundays and holidays)
  • The transaction meets enhanced data requirements
  • The business’ merchant category code must not be a travel service MCC (excludes MCC 8398 – charities)

Typical bundled qualification:
Although qualifications for transactions vary, many processors class the Signature Preferred CNP interchange category as “non-qualified” for transactions processed by card-present and card-not-present businesses.

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Ben Dwyer

BY Ben Dwyer

Ben Dwyer began his career in the processing industry in 2003 on the sales floor for a Connecticut‐based processor. As he learned more about the inner‐workings of the industry, rampant unethical practices, and lack of assistance available to businesses, he cut ties with his employer and started a blog where he could post accurate information about credit card processing.As the blog gained in popularity, Ben began directly assisting merchants in their search for a processor. Ben believes in empowering businesses by providing access to fair, competitive pricing, accurate information, and continued support. His dedication to transparency and education has made CardFellow a staunch small business advocate in the credit card processing industry.

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