CNP CPS-qualified transactions will be referred to as “Product 1,” as shown in the table below. Visa will rename and modify the interchange rates for card-not-present CPS qualified transactions into unique interchange rates by consumer credit products. Transactions qualifying for Automated Fuel Dispensers (AFD), Service Station, Utility, Charities and Religious Organizations and Government interchange rates remain unchanged, as shown in the table below: Transactions below the qualifying ticket size are eligible for the Product 1 and Product 2 interchange rates described later in this document. Ticket-size qualification is structured to provide incremental benefit to higher-ticket transactions in these segments. For Services, Education, Healthcare, and Real Estate transactions, the newly created segment interchange rates will have a ticket size qualification-that is, the incentive interchange rate will only be available to transactions equal to or above $100 for Services and equal to or above $500 for Education, Healthcare, and Real Estate.Visa will eliminate the Business-to-Business interchange rate on Visa Signature Preferred and Infinite (Spend Qualified).
The Retail 2 Program is being eliminated. Visa will introduce new, segment-specific interchange rate for Insurance, Services, Education, Healthcare, Real Estate, and Advertising.New Consumer Credit Merchant Segment Incentive Interchange Rates Introduced
0 kommentar(er)
