Visa Interchange

CPS Retail : 

• Cardholder and card present
• Signature obtained, single electronic authorization
• Read & transmit complete magnetic stripe
• Transaction settled within 1 day of authorization
• Clearing amount must equal authorization amount

 CPS Retail Check Card : 

• Cardholder and card present
• Signature obtained, single electronic authorization
• Read & transmit complete magnetic stripe
• Transaction settled within 1 day of authorization
• Clearing amount must equal authorization amount

 Supermarket/ Warehouse :

• Cardholder and card present
• Signature obtained, single electronic authorization
• Read & transmit complete magnetic stripe
• Transaction settled within 1 day of authorization
• Clearing amount must equal authorization amount

 Supermarket/ Warehouse Club Check Card :

• Must be Approved by Visa for this category.
• Cardholder and card present
• Signature obtained, single electronic authorization
• Read & transmit complete magnetic stripe
• Transaction settled within 1 day of authorization
• Clearing amount must equal authorization amount

 CPS Retail 2 (Developing Markets only) : 

• Single electronic authorization
• Must include Address Verification (AVS)
• Order number, and customer service number included, purchase date equal to shipping date
• Settled within 7 days of authorization and within 1 day after purchase/shipping date
• Settled amount must equal authorized amount, authorization response data included in the settled transaction.

 CPS Card Not Present : 

• Single electronic authorization
• Must include Address Verification (AVS)
• Order number, and customer service number included, purchase date equal to shipping date
• Settled within 7 days of authorization and within 1 day after purchase/shipping date
• Settled amount must equal authorized amount, authorization response data included in the settled transaction.

 CPS Hotel/Car Rental : 

• Cardholder and card present, signature obtained
• Incremental electronic authorizations permitted
• Original authorization must include expected duration of stay/car rental
• Folio/car rental agreement number required in clearing data
• Settled amount must be within 15% of total amount authorized
• Transaction date must be check out/car return date
• Transaction settled within 1 day of check out and authorization response data included in settled transaction

 CPS Retail Key Entered

• Single electronic authorization
• Must include Address Verification (AVS) with exact match

• Order number, and customer service number included, purchase date equal to shipping date
• Settled within 7 days of authorization and within 1 day after purchase/shipping date
• Settled amount must equal authorized amount, authorization response data included in the settled transaction.

 CPS E-Commerce Basic

• Single electronic authorization
• Must include Address Verification (AVS)
• Order number, and customer service number included, purchase date equal to shipping date
• Settled within 7 days of authorization and within 1 day after purchase/shipping date
• Settled amount must equal authorized amount, authorization response data included in the settled transaction

 EIRF : 

• Electronically authorized and settled transaction without CPS compliance data elements
• Transaction settled within 2 days of authorization

Standard :

• Transaction settled 3 or more days after authorization or paper processed.

 GSA Purchasing Card Large Ticket :  -0.44%   Per Itm: $34.90

• Transaction accepted at non-T&E merchant location
• Transaction amount must be greater than or equal to $5000 and include Level 2 and Level 3 Purchasing card data.

 CPS Automated Fuel :

• Cardholder and card presents
• Single electronic authorization
• Settled within 1 day of authorization
• A $1 status check is performed on the authorization and clearing amount must be less than or equal to $50.
• Transaction can be full magnetic stripe read or key-entered.
• Transaction settled within 7 days of authorization

 Signature Card Electronic :

• Signature card accepted at T&E location.
• Cardholder and card present, signature obtained
• Single electronic authorization
• Settled within 1 day of authorization

 Signature Card Standard : 

• Signature card accepted at T&E location
• Transaction is not CPS qualified.

 Infinite Card Electronic : 

• Cardholder and card present, signature obtained
• Single electronic authorization
• Settled within 1 day of authorization

 Infinite Card Standard : 

• Transaction is not CPS qualified.

 Commercial Card Electronic :

• Commercial Card accepted at T&E location
• Settled within 2 days of authorization. OR
• Transaction at a non-T&E location without additional data (customer code and/or Sales Tax)

 Commercial Card Standard : 

• Commercial Card accepted at T&E location
• Settled 3 or more days after authorization. OR
• Transaction at non-T&E location without additional data (customer code and/or sales tax)

 International Electronic : 

• Transaction accepted at US Territory merchant location
• Magnetic stripe read, authorization code in clearing record
• Settled within 4 days of authorization.

 International Standard : 

• Transaction accepted at US Territory merchant location
• Key entered, authorization code in clearing record
• Settled within 4 days of authorization.

 International Commercial Card :

• Commercial card transaction accepted at US Territory merchant location
• Authorization code in clearing record
• Settled within 4 days of authorization.

MasterCard Interchange

Merit III : 

• Cardholder and card present and swiped
• Signature obtained
• Single electronic authorization
• Settled within 1 day of authorization

SuperMarket :

• Cardholder and card present and swiped
• Signature obtained
• Single electronic authorization
• Settled within 1 day of authorization

Warehouse Club :

• Cardholder and card present and swiped
• Signature obtained
• Single electronic authorization
• Settled within 1 day of authorization

Key Entered : 

• Cardholder and card present, key entered
• Signature obtained
• Single electronic authorization
• Settled within 1 day of authorization

Merit I : 

• Card not present at time of authorization
• Address Verification should be performed
• Single electronic authorization
• Settled within 2 days of authorization

Standard :

• Transaction settled within 29 days of authorization
• Missing required data elements

Corporate Face to Face  : 

• Commercial Cards accepted at non-T&E locations
• Cardholder and card present and swiped
• Signature obtained
• Single electronic authorization
• Settled within 1 day of authorization
• Sales tax amount and customer code required in clearing transaction
• Includes Purchasing Card Format  addendum record with merchant location zip code, merchant state code.

Corporate T&E Rate III : 

• Commercial Card accepted at lodging, car rental, or passenger railway location
• Single electronic authorization
• Settled within 2 days of authorization
• Market specific data required in clearing transaction (Line Item detail)

Corporate T&E Rate II : 

• Commercial Card accepted at lodging, car rental, or passenger railway location
• Single electronic authorization
• Settled within 2 days of authorization
• Market specific data required in clearing transaction

Corporate T&E Rate I : 

• Commercial Card accepted at lodging, car rental, or passenger railway location
• Single electronic authorization
• Settled within 2 days of authorization

Corporate Data Rate III: 

• Commercial Card accepted at non T&E merchant
• Single electronic authorization
• Settled within 2 days of authorization
• Market specific data required in clearing transaction
• Purchasing Cards Only
• Purchasing Card addendum record with merchant street address, postal code, merchant state
• Tax ID number, merchant type code, tax amount, customer code
• Line item detail

Corporate Data Rate II : 

• Commercial Card accepted at non T&E merchant
• Single electronic authorization
• Settled within 2 days of authorization
• Market specific data required in clearing transaction
• Purchasing Cards Only
• Purchasing Card addendum record with merchant street address, postal code, merchant state
• Tax ID number, merchant type code, tax amount, customer code

Corporate Data Rate I : 

• Commercial Card accepted at non T&E merchant
• Single electronic authorization
• Settled within 2 days of authorization
• Market specific data required in clearing transaction
• Purchasing Cards Only
• Purchasing Card addendum record with merchant street address, postal code, merchant state

International Corporate Large Ticket :

• Commercial Card transactions will receive this rate when they have achieved either International Purchasing or International Purchasing Data Rate II and this rate is a lower effective rate than the achieved rate
• Settled within 29 days of authorization.

International Electronic: 

• Cardholder and card present swiped
• Signature obtained
• Single electronic authorization
• Settled within 4 days of authorization

International Standard: 

• Transactions not meeting the International Electronic Interchange qualifications
• Electronically authorized and settled within 29 days of authorization.

World MasterCard : 

• Card accepted at T&E location
• Single electronic authorization
• Settled within 2 days of authorization
• Market specific data required in clearing transaction.

Service Industries : 

• Recurring payment transactions from Utility, Telecommunication, Cable TV and Insurance providers
• Merchant must be registered with MasterCard and participate in MasterCard's RepeatPay marketing program
• Transactions are non face-to-face, single electronic authorization
• Settled within 1 day of authorization.

Convenience Purchases :

• Cardholder and card present swiped
• Single electronic authorization
• Settled within 1 day of authorization
• Transactions taken by Fast Food, Convenience Stores, Service Stations, Fuel Dispensers, and Motion Picture Theaters.

Travel Industries Premier Service :

• Single electronic authorization must include "Premier" indicator
• Settled within 1 day of authorization
• Must be qualified and registered travel merchant from lodging, car rental or cruise line merchant segments
• "Premier" clearing records must contain a lodging or car rental addendum record.

Public Sector : 

• Card not present at time of authorization
• Single electronic authorization
• Settled within 2 days of authorization
• Transactions taken by Courts, Fines, Bail Bonds, Taxes and Government Services.