Spring Release 2010
Summary of Changes
Debit Network Pricing
Payment Network Fees
Fall Release 2009
Summary of Changes
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Payment Network Fees
MasterCard® Cross Border Fee and Acquirer Program Support Fee
The Cross Border Fee, originally implemented in 2008, applies to transactions when a non-U.S. region issued MasterCard is used for the purchase of goods or services. The fee is currently 0.40% per applicable transaction.
For tiered priced merchants, the Acquirer Program Support Fee of 0.55% will be added to the existing cross border fee. For non-tiered merchants the 0.55% fee will be applied to the interregional interchange levels.
Visa® International Fee (IAF)
This fee applies to transactions when a non-U.S. issued Visa card is used for the purchase of goods or services. For tiered priced merchants, the 0.45% Visa International Acquiring Fee (IAF) will be added to the existing Visa International Service Assessment (ISA). For non-tiered merchants, the 0.45% Visa IAF will be applied to the interregional interchange levels. For high risk merchants (MCCs 5962, 5966 or 5967), an additional 0.45% Visa IAF will be billed separately.
Visa® Cash Advance International Service Assessment (ISA)
This fee, originally implemented in 2007, applies to all transactions when a non-U.S. issued Visa is used for Cash Advances. The fee is currently 0.40% per applicable transaction.
Discover® International Processing Fee and Discover International Service Fee
This fee applies to transactions when a non-U.S. issued Discover card is used for the purchase of goods and services.
For tiered priced merchants, the Discover International Processing and Service Fee of .75% will appear on merchant statements as Discover International Service fee. For non-tiered priced merchants, the .75% fee will be applied as follows:
- .45% will appear on merchant statements as Discover International Service Fee
- .30% will be applied to the International Interchange levels
The Discover® Data Usage Fee applies to all settled transactions, including sales, credits and cash advances. The fee is currently $0.0075 per transaction.
Visa® Misuse of Authorization Fee:
This fee is applied to all authorization transactions not followed by a matching Visa clearing transaction. Clearing must occur within 10 days of authorization for all merchant categories, with the exception of T&E segments which must clear within 20 days of authorization, in order to avoid assessment of this fee. This fee is currently $0.045 per applicable transaction.
Visa® Zero Floor Limit Fee
This fee is assessed on any VISA clearing transaction submitted without proper authorization. This fee is currently $0.10 per applicable transaction.
Visa® Auth Processing Fee
This fee will be assessed to merchants per authorization:
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The fee will be applied to
- Transactions which are U.S. acquired
- Original Purchase Transactions
- Original Credit/Refund Transactions
This fee is currently $.0195 per authorization.
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