Insights
Network Pricing Changes
Stay informed about the most recent updates to interchange fee schedules from the card networks, which occur semi-annually in April and October. These changes could potentially have an impact on your business operations, so it’s crucial to stay up-to-date.

October 2023 Network Pricing Changes
The overall impact of these fee changes varies based on the card mix and vertical. October’s fee changes span all verticals with the largest impact being to e-Commerce and Card-Not-Present merchants.
Estimated October 2023 Cost of Accepting Payments Increases
The biggest fee increases to merchants are related to network assessments. The main driver behind this increase is Visa’s new Digital Commerce Service fee. This fee is 0.0075% and impacts ALL of Visa’s Card-Not-Present volume.
Many of the upcoming fee increases are related to Visa’s Infinite credit cards. Fortunately, the increased costs for these cards are estimated to have minimal impact to merchants as these cards generally have less than 5% penetration .
There are slight pricing changes to debit (Signature Debit, PINless Debit, and PIN debit) but not material. The largest impact for debit is the increase in Bank Identification Network (BIN) eligibility for card not present (CNP) issuers. Improvement in BIN eligibility provides merchants more options to route CNP debit volume to lower cost networks now that Visa/MC (Interlink/Maestro) are in the PINless debit mix.
Like death and taxes if one thing is certain there will be more pricing changes to follow for the spring.
To best prepare and strategically plan for the upcoming 2023 and 2024 pricing changes, Email Optimized Payments at interchange@optimizedpayments.com to receive an Excel file with all of October’s announced pricing updates.
Brand | Type of Change | Eliminated Program Name | Program Name | Product Name | |||||
---|---|---|---|---|---|---|---|---|---|
Brand | Type of Change | Eliminated Program Name | Program Name | Product Name | New Rate | Non-Token Rates | Tokenized Rates | Rate Change | Effective Date |
Visa | New Rate | Travel | Infinite (Spend Qualified) | 2.40% + $0.10 | + 0.15% | October 13, 2023 | |||
Visa | New Rate | Product 1 | Infinite (Spend Non-Qualified) | 2.05% + $0.10 | + 0.15% | October 13, 2023 | |||
Visa | New Rate | Product 1 | Infinite (Spend Qualified) | 2.50% + $0.10 | + 0.10% | October 13, 2023 | |||
Visa | New Rate | Product 1 Tokenized | Infinite (Spend Non-Qualified) | 1.95% + $0.10 | + 0.15% | October 13, 2023 | |||
Visa | New Rate | Product 1 Tokenized | Infinite (Spend Qualified) | 2.40% + $0.10 | + 0.10% | October 13, 2023 | |||
Visa | New Rate | Product 2 | Infinite (Spend Non-Qualified) | 1.65% + $0.10 | + 0.25% | October 13, 2023 | |||
Visa | New Rate | Product 2 | Infinite (Spend Qualified) | 2.10% + $0.10 | + 0.20% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 1 | Infinite (Spend Non-Qualified) | 1.65% + $0.10 | + 0.25% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 1 | Infinite (Spend Qualified) | 2.10% + $0.10 | + 0.20% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 2 | Infinite (Spend Non-Qualified) | 1.65% + $0.10 | + 0.25% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 2 | Infinite (Spend Qualified) | 2.10% + $0.10 | + 0.20% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 3 | Infinite (Spend Non-Qualified) | 1.65% + $0.10 | + 0.25% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 3 | Infinite (Spend Qualified) | 2.10% + $0.10 | + 0.20% | October 13, 2023 | |||
Visa | New Rate | Consumer Bill Payment Service (CBPS) | Infinite (Spend Non-Qualified) | 2.05% + $0.10 | + 0.15% | October 13, 2023 | |||
Visa | New Rate | Consumer Bill Payment Service (CBPS) | Infinite (Spend Qualified) | 2.50% + $0.10 | + 0.10% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 0 | Traditional Credit | 1.18% + $0.05 | + 0.03% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 0 | Traditional Rewards | 1.18% + $0.05 | + 0.03% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 0 | Signature | 1.55% + $0.05 | + 0.15% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 0 | Signature Preferred | 1.65% + $0.05 | + 0.25% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 0 | Infinite | 1.65% + $0.05 | + 0.25% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 1 | Traditional Credit | 1.20% + $0.05 | + 0.05% | October 13, 2023 | |||
Visa | New Rate | Supermarket - Tier 1 | Traditional Rewards | 1.20% + $0.05 | + 0.05% | October 13, 2023 | |||
Visa | New Rate | Product 2 | Signature | 1.55% + $0.05 | + 0.05% | October 13, 2023 | |||
Visa | New Rate | Product 2 | Signature Preferred | 1.65% + $0.05 | + 0.10% | October 13, 2023 | |||
Visa | New Rate | Retail Tier 1 | Infinite | 1.65% + $0.05 | + 0.10% | October 13, 2023 | |||
Visa | New Rate | Product 1 | Traditional | 1.90% + $0.10 | 1.81% + $0.10 | + 0.01% | April 12, 2024 | ||
Visa | New Rate | Product 1 | Traditional Rewards | 2.05% + $0.10 | 1.96% + $0.10 | + 0.01% | April 12, 2024 | ||
Visa | New Rate | Product 1 | Signature | 2.06% + $0.10 | 1.96% + $0.10 | + 0.01% | April 12, 2024 | ||
Visa | New Rate | Product 1 | Signature Preferred | 2.52% + $0.10 | 2.42% + $0.10 | + 0.02% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Traditional | 1.52% + $0.10 | 1.42% + $0.10 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Traditional Rewards | 1.52% + $0.10 | 1.42% + $0.10 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Signature | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Infinite (Spend Non-Qual) | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Signature Preferred | 2.38% + $0.15 | 2.28% + $0.15 | -0.02% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Signature Preferred | 2.38% + $0.15 | 2.28% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Infinite (Spend Qualified) | 2.38% + $0.15 | 2.29% + $0.15 | -0.02% / -0.01% | April 12, 2024 | ||
Visa | New Rate | Healthcare | Infinite (Spend Qualified) | 2.38% + $0.15 | 2.29% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Education | Traditional | 1.52% + $0.10 | 1.42% + $0.10 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Education | Traditional Rewards | 1.52% + $0.10 | 1.42% + $0.10 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Education | Signature | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Education | Infinite (Spend Non-Qual) | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Education | Signature Preferred | 2.23% + $0.15 | 2.13% + $0.15 | -0.02% | April 12, 2024 | ||
Visa | New Rate | Education | Signature Preferred | 2.23% + $0.15 | 2.13% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Education | Infinite (Spend Qualified) | 2.24% + $0.15 | 2.14% + $0.15 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Education | Infinite (Spend Qualified) | 2.24% + $0.15 | 2.14% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Traditional | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Traditional Rewards | 1.52% + $0.10 | 1.42% + $0.10 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Signature | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Infinite (Spend Non-Qual) | 1.52% + $0.10 | 1.42% + $0.10 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Signature Preferred | 2.23% + $0.15 | 2.13% + $0.15 | -0.02% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Signature Preferred | 2.23% + $0.15 | 2.13% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Infinite (Spend Qualified) | 2.24% + $0.15 | 2.14% + $0.15 | -0.01% | April 12, 2024 | ||
Visa | New Rate | Real Estate | Infinite (Spend Qualified) | 2.24% + $0.15 | 2.14% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Traditional | 1.60% + $0.15 | 1.50% + $0.15 | -0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Traditional | 1.60% + $0.15 | 1.50% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Traditional Rewards | 1.65% + $0.15 | 1.55% + $0.15 | -0.15% | April 12, 2024 | ||
Visa | New Rate | Services | Traditional Rewards | 1.65% + $0.15 | 1.55% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Signature | 1.90% + $0.15 | 1.80% + $0.15 | -0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Signature | 1.90% + $0.15 | 1.80% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Infinite (Spend Non-Qual) | 2.42% + $0.15 | 2.32% + $0.15 | + 0.02% | April 12, 2024 | ||
Visa | New Rate | Services | Infinite (Spend Non-Qual) | 2.42% + $0.15 | 2.32% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Signature Preferred | 1.90% + $0.15 | 1.80% + $0.15 | -0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Signature Preferred | 1.90% + $0.15 | 1.80% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Rate | Services | Infinite (Spend Qualified) | 2.42% + $0.15 | 2.32% + $0.15 | + 0.02% | April 12, 2024 | ||
Visa | New Rate | Services | Infinite (Spend Qualified) | 2.42% + $0.15 | 2.32% + $0.15 | + 0.05% | April 12, 2024 | ||
Visa | New Performance Threshold Program | Recurring Tier 1 | Traditional Credit | 1.33% + $0.05 | 1.23% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 1 | Traditional Rewards | 1.33% + $0.05 | 1.23% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 1 | Signature Credit | 1.33% + $0.05 | 1.23% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 1 | Signature Preferred | 1.85% + $0.05 | 1.75% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 1 | Infinite | 1.85% + $0.05 | 1.75% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 2 | Traditional Credit | 1.43% + $0.05 | 1.33% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 2 | Traditional Rewards | 1.43% + $0.05 | 1.33% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 2 | Signature Credit | 1.43% + $0.05 | 1.33% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 2 | Signature Preferred | 2.20% + $0.05 | 2.10% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 2 | Infinite | 2.20% + $0.05 | 2.10% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 3 | Traditional Credit | 1.53% + $0.05 | 1.43% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 3 | Traditional Rewards | 1.53% + $0.05 | 1.43% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 3 | Signature Credit | 1.53% + $0.05 | 1.43% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 3 | Signature Preferred | 2.30% + $0.05 | 2.20% + $0.05 | April 12, 2024 | |||
Visa | New Performance Threshold Program | Recurring Tier 3 | Infinite | 2.30% + $0.05 | 2.20% + $0.05 | April 12, 2024 | |||
Visa | New Interchange Programs and Rates for Refunds | Credit Voucher Consumer | 1.00% | October 13, 2023 | |||||
Visa | New Interchange Programs and Rates for Refunds | Credit Voucher Commercial | 1.80% | October 13, 2023 | |||||
Visa | Program Reclassification | Electronic | Non-Premium Base | 1.10% | 0.00% | October 13, 2023 | |||
Visa | Program Reclassification | Acquirer Chip | Non-Premium Base | 1.10% | + 0.10% | October 13, 2023 | |||
Visa | Program Reclassification | Issuer Chip | Non-Premium Base | 1.10% | -0.10% | October 13, 2023 | |||
Visa | Program Reclassification | Consumer Premium | Consumer Base Premium | 1.85% | + 0.05% | October 13, 2023 | |||
Visa | Program Reclassification | Consumer Super Premium | Consumer Super Base Premium | 1.98% | + 0.01% | October 13, 2023 | |||
Visa | Program Reclassification | Business Card | Business Base | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Program Reclassification | Corporate Card | Corporate Base | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Program Reclassification | Purchasing Card | Purchasing Base | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Program Reclassification | Electronic Commerce Merchant | Non-Premium Alternative | 1.60% | + 0.16% | October 13, 2023 | |||
Visa | Program Reclassification | Secure Electronic Commerce | Non-Premium Alternative | 1.60% | + 0.40% | October 13, 2023 | |||
Visa | Program Reclassification | Consumer Premium | Consumer Premium Alternative | 1.85% | + 0.05% | October 13, 2023 | |||
Visa | Program Reclassification | Consumer Super Premium | Consumer Super Premium Alternative | 1.98% | + 0.01% | October 13, 2023 | |||
Visa | Program Reclassification | Business Card | Business Card Alternative | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Program Reclassification | Corporate Card | Corporate Card Alternative | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Program Reclassification | Purchasing Card | Purchasing Card Alternative | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Downgrade Interchange Program | Standard | Non-Premium Downgrade | 1.65% | + 0.05% | October 13, 2023 | |||
Visa | Downgrade Interchange Program | Consumer Premium | Consumer Premium Downgrade | 1.90% | + 0.10% | October 13, 2023 | |||
Visa | Downgrade Interchange Program | Consumer Super Premium | Consumer Super Premium Downgrade | 2.03% | + 0.06% | October 13, 2023 | |||
Visa | Downgrade Interchange Program | Business Card | Business Card Downgrade | 2.05% | + 0.05% | October 13, 2023 | |||
Visa | Downgrade Interchange Program | Corporate Card | Corporate Card Downgrade | 2.05% | + 0.05% | October 13, 2023 | |||
Visa | Downgrade Interchange Program | Purchasing Card | Purchasing Card Downgrade | 2.05% | + 0.05% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Electric | Intraregional Non-Premium Base | 1.10% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Issuer Chip | Intraregional Non-Premium Base | 1.10% | -0.10% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Acquire Chip | Intraregional Non-Premium Base | 1.10% | + 0.10% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Super Premium | Intraregional Super Premium Base | 1.98% | + 0.01% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Premium Card | Intraregional Premium Base | 1.85% | + 0.05% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Business Card | Intraregional Business Base | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Corporate Card | Intraregional Corporate Base | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Purchasing Card | Intraregional Purchasing Base | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Electronic Commerce Merchant | Intraregional Super Premium Alternative | 1.98% | + 0.54% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Secure Electronic Commerce | Intraregional Super Premium Alternative | 1.98% | + 0.78% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Premium Card | Intraregional Premium Alternative | 1.85% | + 0.05% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Super Premium | Intraregional Non-Premium Alternative | 1.60% | -0.37% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Business Card | Intraregional Business Alternative | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Corporate Card | Intraregional Corporate Alternative | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Purchasing Card | Intraregional Purchasing Alternative | 2.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Standard Super Premium | Intraregional Super Premium Downgrade | 2.03% | + 0.06% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Standard Premium | Intraregional Premium Downgrade | 1.90% | + 0.10% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Standard | Intraregional Non-Premium Downgrade | 1.65% | + 0.05% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Standard Business | Intraregional Business Downgrade | 2.05% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Standard Corporate | Intraregional Corporate Downgrade | 2.05% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Standard Purchasing | Intraregional Purchasing Downgrade | 2.05% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Electronic Return | Interregional Consumer Credit Voucher | 1.00% | -0.10% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Issuer Chip Return | Interregional Consumer Credit Voucher | 1.00% | + 0.10% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Acquire Chip Return | Interregional Consumer Credit Voucher | 1.00% | 0.00% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Business Card Return | Interregional Commercial Credit Voucher | 1.80% | -0.20% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Corporate Card Return | Interregional Commercial Credit Voucher | 1.80% | -0.20% | October 13, 2023 | |||
Visa | Latin America Modifications to Intraregional Consumer | Intraregional Purchasing Card Return | Interregional Commercial Credit Voucher | 1.80% | -0.20% | October 13, 2023 | |||
Mastercard | Buy Now Pay Later (BNPL) | Installment Payments - Group A | 1.50% | November 20, 2023 | |||||
Mastercard | Buy Now Pay Later (BNPL) | Installment Payments - Group B | 1.50% | November 20, 2023 | |||||
Mastercard | Buy Now Pay Later (BNPL) | Installment Payments - Group C (MCC 4900 - Utilities) | $0.10 | November 20, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Card Not Present - Debit | 1.65% + $0.15 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Card Not Present - Prepaid | 1.75% + $0.20 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Retail 2 CNP - Debit & Prepaid | 0.65% + $0.15 (Cap $2.00) | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Standard - Debit | 1.90% + $0.25 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Standard - Prepaid | 1.90% + $0.25 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Consumer Bill Payment Service - Debit | 1.65% + $0.15 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Consumer Bill Payment Service - Prepaid | 1.75% + $0.20 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Debit Repayment 2 - CNP and E-Commerce | 0.65% + $0.15 (Cap $2.00) | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Debit Repayment - No Fee | 0.65% + $0.15 (Cap $2.00) | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Recurring Consumer Debit and Prepaid | $0.45 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Electronic EIRF - Debit | 1.75% + $0.20 (Cap $0.95 for MCCs 5541, 5542) | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Electronic EIRF - Prepaid | 1.80% + $0.20 (Cap $0.95 for MCCs 5541, 5542) | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Utility Consumer - Debit and Prepaid | $0.65 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | E-Commerce Basic - Debit | 1.65% + $0.15 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | E-Commerce Basic - Prepaid | 1.75% + $0.20 | October 1, 2023 | |||||
Interlink | New Interchange Programs and Rates for Interlink CNP | Government - Debit and Prepaid | 0.65% + $0.15 (Cap $2.00) | October 1, 2023 |
Card Brand | Fee Name | Fee Program | New/Existing | ||||
---|---|---|---|---|---|---|---|
Card Brand | Fee Name | Fee Program | New/Existing | Amount | Fee Change | Rate | Effective Date |
Visa | VS Digital Commerce Services Fee | New | 0.0075% (min $0.0075) | + 0.0075% | October 1, 2023 | ||
Visa | VS Address Verification Service (AVS) | Existing | $0.00 | - $0.0010 | October 1, 2023 | ||
Visa | VS Card Verification Value 2 (CVV2) Verification | Existing | $0.00 | - $0.0025 | October 1, 2023 | ||
Visa | VS Merchant Initiated Transaction (MIT) Service | Existing | $0.00 | - $0.0015 | October 1, 2023 | ||
Visa | VS POS Entry Mode 91 Fee (Magnetic Stripe Data Contactless Fee - U.S.) | New | $0.10 | + $0.10 | January 1, 2024 | ||
Visa | VI Account Name Inquiry Fee - U.S. and Canada | Existing | $0.10 | + $0.05 | April 1, 2024 | ||
Visa | VS HIR Integrity Fee (High Risk Integrity Fee) - U.S. | New | 0.1% + $0.10 | + 0.1% + $0.10 | April 1, 2024 | ||
Visa | VS Commercial Solutions Fee | New | 0.01% | + 0.1% | April 1, 2024 | ||
Mastercard | MC Authorization Optimizer Fee - U.S. | New | $0.02 | + $0.02 | October 9, 2023 | ||
Mastercard | MC Authorization Optimizer Fee - Canada | New | $0.02 | + $0.02 | October 3, 2023 | ||
Mastercard | MC Excessive Auth Integrity Fee | Existing | $0.30 | + $0.15 | January 1, 2024 | ||
Mastercard | MC Excessive Auth Integrity Fee | Existing | $0.50 | + $0.35 | January 1, 2025 | ||
Mastercard | MC Preauthorization Fee (Credit Only) | New | 0.0075% (min of $0.01) | + 0.0075% | October 8, 2023 | ||
Mastercard | MC Preauthorization Fee (Credit Only) | New | 0.0125% (min of $0.01) | + 0.0125% | October 8, 2023 | ||
Interac | Interac Debit and Flash | Existing | $0.012850 | + $0.00340 | October 1, 2023 | ||
Maestro | Maestro Single Message CNP Transaction | New | 0.13% | + 0.13% | October 1, 2023 | ||
NYCE | NYCE POS Network Switch Fee Card Present (CP) - Tier 1 | Existing | $0.0925 | + $0.0425 | October 1, 2023 | ||
NYCE | NYCE POS Network Switch Fee Card Not Present (CNP) - Tier 1 | Existing | $0.0925 | + $0.0775 - 0.10% | October 1, 2023 | ||
NYCE | NYCE POS Network Switch Fee Card Not Present (CNP) - Tier 2 | Existing | $0.04 | + $0.025 - 0.10% | October 1, 2023 |