Visa Signature Preferred Retail
Signature Preferred Retail is the Visa interchange category that is used to calculate the interchange fee for card-present transactions involving a credit card that produces rewards for the cardholder.
Signature Preferred Retail is the Visa interchange category that is used to calculate the interchange fee for card-present transactions involving a credit card that produces rewards for the cardholder.
CPS is an acronym associated with some Visa interchange categories. It stands for Custom Payment Service.
In a nutshell, Visa’s CPS allows a business to qualify transactions to an interchange category with a lower rate by following a set of rules.