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 […]
Commercial Standard previously referred to a Visa interchange “downgrade” category, but now refers to something else entirely.
You may also see these categories referred to as “interregional” debit. These rates do not apply to international credit cards, which have their own categories. They also do not apply to “card-not-present” transactions of any kind – debit or credit. International Card Present Debit Rates What is regulated debit? International Card Present Debit Criteria Interregional […]
International card present debit interchange categories determine the interchange rates a business will pay when accepting an international debit card in the United States.
These categories do not apply to credit cards of any kind or to consumer debit or prepaid cards. Commercial Card Present – Business Interchange Rates When does Commercial Card Present – Business apply? Regulated vs. Unregulated Debit Debit and Prepaid Downgrades Abbreviations and Aliases Commercial Card Present – Business Interchange Rates There are two categories, […]
“Commercial Card Present – Business” refers to interchange categories that determine the interchange fee a business will pay when accepting a business debit or business prepaid credit card in person.
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 is the first part of several Visa interchange categories that determine the fee a business will pay for accepting a corporate / business credit card in person.
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 […]
“Standard” is the second (and more expensive) of two “downgrade” interchange categories. It indicates that a business paid a “penalty” rate due to not meeting criteria for lower cost interchange categories.
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 is part of several interchange categories that dictate the fees a business will pay when accepting a Visa prepaid card online or by keying the card number into a machine.
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 […]
When a business accepts a Visa debit card online or by keying in card details, it will pay one of the Visa “card not present” debit rates.
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 Regulated Debit CPS Retail Prepaid Rates Criteria Cardholder […]
The terms “CPS Retail Debit” and “CPS Retail Prepaid” refer to Visa interchange categories that dictate part of the fee that businesses pay for certain debit and prepaid transactions.
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