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 …

Commercial Card Present – Business Debit and Prepaid Visa Interchange Read More »

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 …

Commercial Card Retail – Visa Interchange Read More »

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 …

Consumer Standard Interchange – Visa Debit and Prepaid Read More »

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 …

CPS CNP Prepaid – Visa Interchange Read More »

Contrary to popular belief, debit cards do not incur flat fees. You’ll be charged a percentage of the total and a per-transaction fee, just like with credit cards. However, card-not-present (CNP) debit has more possible interchange categories. There are technically ten interchange categories for Visa CNP debit, but five of them are simply the “regulated …

CPS Card Not Present Debit – Visa Interchange Read More »

Note that the debit categories only apply to signature debit. (Sometimes called “running as credit.”) PIN debit transactions do not receive interchange fees. Instead, they’re charged PIN debit network fees. If you’re looking for that info, check our article on PIN debit costs. CPS Retail Debit Rates There are technically four debit categories under the …

CPS Retail Debit and Prepaid – Visa Interchange Read More »