Interchange Fees

CPS Car Rental and CPS Hotel – Card Not Present Interchange

“Card not present” or CNP refers specifically to any transaction that is not swiped (for magnetic stripe cards), dipped (for EMV chip cards) or tapped (for contactless payment methods like Apple Pay.) If you don’t physically run a card through a machine using one of those methods, the card is considered “card not present.” If […]

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CPS Car Rental, CPS Hotel, and CPS Passenger Transport are interchange categories that determine the interchange fees a business in one of those industries pays to accept a debit or prepaid card online or by keying it in.

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Interchange Fees

CPS Hotel and CPS Car Rental Card Present Interchange

We’re also including “CPS Passenger Transport” (such as airlines, cruises, and railways) interchange categories in this article. The reason is that all of these industries fall under “travel and entertainment” and many have the same requirements and rates despite the different business types. These categories only apply to “card present” transactions made with prepaid cards […]

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“CPS Hotel” and “CPS Car Rental” are Visa interchange categories that determine the rates and fees a hotel or car rental agency will pay to accept debit or prepaid cards in person.

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Interchange Fees

Visa International Card Not Present Interchange

For the purposes of interchange, “international” cards are credit and debit cards issued by a bank located outside of the United States. Visa also sometimes refers to the cards and interchange as “interregional” instead of international. These categories apply to both international credit and debit cards in a “card not present” (CNP) transaction. They do […]

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The international card not present interchange categories determine the fee a U.S.-based business will pay to accept an international Visa card online or by keying in card details.

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Interchange Fees

International Card Present Credit – Visa Interchange

Interchange fees make up the bulk of total credit card processing costs. The specific interchange category that will apply to any given transaction depends on the card type and other factors. These international card present categories refer to credit cards issued outside the United States, but used in-person at a U.S. business. Many U.S. businesses […]

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Visa’s international card present credit interchange categories dictate the interchange fees a business will pay to accept an international credit card at a business in the U.S.

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Interchange Fees

Visa Enhanced Data Interchange Rates and Requirements

Providing level 2 / level 3 data can make a business eligible for enhanced data interchange categories, which carry lower rates and fees than non-enhanced categories. Enhanced data is only available for certain types of commercial card transactions, or B2B payments. It does not apply to consumer transactions. B2B processing and enhanced data are specialty […]

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Enhanced data (also sometimes called level 2 or level 3 data) refers to information provided with a credit card transaction that goes beyond the basic details.

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Interchange Fees

Commercial Card Not Present Visa Interchange

This category does not represent the lower rates available for enhanced data, which we’ll also explain in this article. Additionally, the category only applies to commercial cards, not consumer cards or prepaid commercial cards. Note: In the past, Visa had more categories under the Commercial Card Not Present umbrella, including corporate, purchasing, and business credit […]

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Commercial card not present interchange refers to an interchange category that determines the fee a business will pay for accepting commercial credit cards online or by keying in the transaction information.

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Interchange Fees

Commercial Debit and Prepaid Card Not Present – Visa Interchange

Sometimes abbreviated “CNP,” card not present refers to any method of accepting a card where the card isn’t swiped, dipped, or tapped to a card terminal. It can include online payments (such as electronic invoices or online shopping carts / checkouts) as well as “keyed” cards where you enter the card details into a secure […]

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The commercial debit and commercial prepaid card not present interchange categories determine the interchange fee a business will pay for accepting those card types.

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Interchange Fees

Commercial Standard Interchange – Visa

In the past, Visa Commercial Standard meant that when a commercial card was used but it didn’t meet criteria for its “target” interchange category, it “downgraded” to a more expensive category. For commercial credit cards, “Standard” was that downgrade. However, at this point, the only Commercial Standard category applies to international cards. So what happened […]

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Commercial Standard previously referred to a Visa interchange “downgrade” category, but now refers to something else entirely.

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