Fall Release 2011
Summary of Changes
Identified are the Release changes from Visa®, MasterCard®, scheduled for Fall 2011. This information can help you to determine what effect the changes may have on your business and what action you may want to take to ensure that your transactions are qualifying at the best levels allowed by Visa®, MasterCard®.
Spring Release 2011
Summary of Changes
Identified are the Release changes from Visa®, MasterCard® and Discover®, scheduled for Spring 2011. This information can help you to determine what effect the changes may have on your business and what action you may want to take to ensure that your transactions are qualifying at the best levels allowed by Visa®, MasterCard® and Discover®.
Debit Network Pricing
Other Helpful Information
Fall Release 2010
Summary of Changes
|
The Grid below outlines Debit Network Fees.
The fees referenced below apply to merchants priced at Interchange Pass-Through type pricing.
| Star |
Effective October 1, 2011
|
|
| Merchant Category |
Group |
Exempt |
Exempt STAR Preferred |
Regulated |
Other Administrative Fee |
Switch Fee |
Grocery & Supermarket
(MCCs 5300, 5411) |
|
$0.275 |
$0.35 |
0.05% + $0.21 |
$0.03 |
$0.0325 |
Medical Retailers
(MCCs 5912, 8011, 8062, 8099) |
Transactions > $15.01 |
0.80% + $0.185
(no cap) |
0.80% + $0.260
(no cap) |
$0.03 |
$0.0325 |
| Transactions < $15.00 |
1.20% + $0.200
(no cap) |
1.20% + $0.2750
(no cap) |
Petroleum
(MCCs 5541, 5542) |
|
0.80% + $0.130
(no cap) |
0.80% + $0.205
(no cap) |
$0.03 |
$0.0325 |
Quick-Serve Restaurant
(MCC 5814) |
All Transaction Amounts |
1.25% + $0.150
(no cap) |
1.25% + $0.225
(no cap) |
$0.03 |
$0.0325 |
Small Ticket
(MCCs 4111, 5499, 5994, 7211, 7338, 7523, 7542, 7832, 7841) |
Transactions > $10.00 |
0.80% + $0.185
(no cap) |
0.80% + $0.260
(no cap) |
$0.03 |
$0.0325 |
| Transactions < $10.00 |
1.25% + $0.150
(no cap) |
1.25% + $0.225
(no cap) |
| All Other Retailers |
|
0.80% + $0.185
(no cap) |
0.80% + $0.260
(no cap) |
$0.03 |
$0.0325 |
|
Notes: Switch fee paid on pre-authorizations, balance inquiries, purchase corrections / cancellations and denied transactions
Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Issuers that certify their compliance with the interim fraud prevention standards will receive an additional $0.01 |
| |
| Interlink |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt1 |
Regulated2 |
Switch Fee |
Grocery & Supermarket
(MCCs 5300, 5411) |
0.80% + $0.15
($0.33 cap) |
0.05% + $0.22 |
$0.035 |
Petroleum
(MCCs 5541, 5542) |
0.80% + $0.15
($0.95 cap) |
0.05% + $0.22 |
$0.035 |
| All Other Retail Merchants |
0.80% + $0.15 |
0.05% + $0.22 |
$0.035 |
|
1Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
2Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Visa assumes all issuers will receive the $0.01 fraud adjustment |
| |
| Maestro |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt1 |
Regulated2 |
Switch Completion |
Convenience
(MCCs 5499, 5814, 7832) |
0.75% + $0.17
($0.95 cap) |
0.05% + $0.21 |
$0.025 |
Grocery & Supermarket
(MCCs 5300, 5411) |
1.05% + $0.15
($0.35 cap) |
$0.025 |
Petroleum
(MCCs 5541, 5542) |
0.75% + 0.17
($0.95 cap) |
$0.025 |
| All Other Retailers |
0.90% + $0.150
(no cap) |
$0.025 |
|
1Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
2Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Issuers that certify their compliance with the interim fraud |
| |
| Accel |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt1 |
Exempt ACCEL Advantage2 |
Regulated |
Switch Fee |
Convenience Payments
(MCCs 4111, 4785, 5451, 5461, 5499, 5962, 5994, 7211, 7334,
7338, 7521, 7523, 7542,7832, 7833, 7841) |
1.25% + $0.04
($0.75 cap) |
1.25% + $0.08
($0.75 cap) |
0.05% + $0.21 |
$0.03 |
Grocery & Supermarket
(MCCs 5300, 5411) |
$0.28 |
$0.355 |
$0.03 |
Petroleum
(MCCs 5541, 5542) |
0.80% + $0.160 |
0.85% + $0.175 |
$0.03 |
Quick-Serve Restaurant
(MCC 5814) |
0.95% + $0.150 |
1.20% + $0.185 |
$0.03 |
| All Other Retailers |
0.80% + $0.180 |
0.90% + $0.225 |
$0.03 |
|
1Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
2Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Issuers that certify their compliance with the interim fraud prevention standards will receive an additional $0.01 |
| |
| AFFN |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt1 |
Regulated2 |
Switch Completion |
Grocery & Supermarket
(MCCs 5300, 5411) |
$0.20 |
$0.20 |
$0.035 |
National Merchants
(includes Petroleum) |
0.60% + $0.10
($0.50 cap) |
0.05% + $0.21 |
$0.035 |
Quick Service Restaurant
(MCC 5814) |
1.25% + $0.125
($0.45 cap) |
0.05% + $0.21 |
$0.035 |
| All Other Retailers |
0.75% + $0.15
($0.80 cap) |
0.05% + $0.21 |
$0.035 |
|
All POS transactions are subject to switch fees (pre-auths, completions, debit purchases, etc.). Regulated Grocery & Supermarket is not eligible for $0.01 fraud adjustment
Cash back and Surcharge are included in the transaction amount on Regulated
1Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
2Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Issuers that certify their compliance with the interium fraud prevention standards will receive an additional $0.01. |
| |
| Alaska Option |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt & Regulated |
Switch Completion |
| All Retailers |
$0.19 |
$0.07 |
|
| |
| Shazam |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt |
Regulated |
Switch Rate |
| Grocery/Supermarket |
$0.20 |
.05% + .21 |
$0.045 |
| All Other Retailers |
.75% + $0.15 (No Cap) |
.05% + .21 |
|
| Petroleum |
.75% + $0.13 (No Cap) |
.05% + .21 |
|
| QSR (Quick Service Restaurants) |
1.25% + $0.05 (No Cap) |
.05% + .21 |
|
|
Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Issuers that certfy their compliance with the interium fraud prevention standards will |
| |
| Pulse |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt Pulse Pay |
Regulated Pulse Pay |
Exempt Pulse Pay Choice |
Regulated Pulse Pay Choice |
Network Security Fee |
Switch Fee |
Grocery & Supermarket
(MCCs 5300, 5411) |
$0.26 |
The lesser of the Exempt Pulse Pay interchange fee or 0.05% + $0.21 |
$0.35 |
0.05% + $0.21 |
$0.005 |
$0.065 |
Petroleum
(MCCs 5541, 5542) |
0.80% + $0.11
($0.95 cap) |
0.80% + $0.16
($1.00 cap) |
0.01% |
$0.065 |
| Small Ticket |
1.55% |
1.55% + $0.02 |
0.01% |
$0.035 |
| All Other Retailers |
0.85% + $0.13 |
0.85% + $0.18 |
0.01% |
$0.065 |
|
Network Security Fees are paid on all approved PIN debit transactions
Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules. Issuers that certify their compliance with the interim fraud prevention standards will receive an additional $0.01
Only merchants registered with Pulse and in qualifying Merchant Category Codes (MCCs) receive Small Ticket tiered pricing |
| |
| NYCE |
Effective October 1, 2011
|
|
| Merchant Category |
Exempt Premier |
Regulated Premier |
Exempt Non-Premier |
Regulated Non-Premier |
NYCE |
Infrastructure Assessment Fee |
Monthly NYCE Volume |
Switch Fee |
| Transactions < $10 |
Transactions > $10 |
Grocery & Supermarket
(MCCs 5300, 5411) |
0.90% + $0.20
(min $0.27, cap $0.35) |
0.05% + $0.21 |
0.90% + $0.14
(min $0.21, cap $0.29) |
1.0% + $0.025 |
N/A |
$0.002 |
$0.005 |
|
$0.0400 |
Petroleum
(MCCs 5541, 5542) |
0.85% + $0.15
(min $0.27, cap $0.90) |
0.05% + $0.21 |
0.85% + $0.10
(min $0.22, cap $0.85) |
0.05% + $0.21 |
$0.002 |
$0.005 |
|
$0.0400 |
Small Ticket
(MCCs 5310, 5814) |
1.30% + $0.04 |
N/A |
1.0% + $0.025 |
0.05% + $0.21 |
$0.002 |
0.005 |
>5,000,000 |
$0.0275 |
| 2,500,000 - 5,000,000 |
$0.0325 |
| 1,000,001 - 2,499,999 |
$0.0375 |
| 500,001 - 1,000,000 |
$0.0400 |
| <500,000 |
$0.0425 |
| All Other Retailers |
0.90% + $0.20
(min $0.27) |
|
0.90% + $0.15
(min $0.21) |
0.05% + $0.21 |
$0.002 |
$0.005 |
|
$0.0400 |
|
Exempt includes issuers with assets under $10 billion that are not subject to Durbin rules
Regulated includes issuers with assets of $10 billion or greater that are subject to Durbin rules
Issuers that certify their compliance with the interim fraud prevention standards will receive an additional $0.01
Small ticket rate applies to all, regulated non-premier, approved POS purchases of less than $10 |
| |
| DIRECT BILL PAYMENT INTERCHANGE FEES |
| NYCE |
Effective October 1, 2011
|
|
| Tier |
Description |
Interchange |
Premier Interchange |
Durbin Interchange*** |
Switch |
| A |
Residential Utility services |
$0.55 |
$0.60 |
$0.21 + 0.05% + $0.01 |
$0.055 |
| B |
Rent, rental storage, secured and unsecured loans, property maintenance, home security, pest control, government |
0.60% + $0.10 |
0.60% + $0.20 |
$0.21 + 0.05% + $0.01 |
$0.055 |
| C |
Education, Prescription refills |
0.75% + $0.10 |
0.75% + $0.20 |
$0.21 + 0.05% + $0.01 |
$0.055 |
| D |
Collections (Financial Services-only) |
1.35% + $0.10 |
1.35% + $0.20 |
$0.21 + 0.05% + $0.01 |
$0.055 |
| E |
Digital media subscriptions & Internet service providers |
1.00% |
1.00% + $0.10 |
$0.21 + 0.05% + $0.01 |
$0.055 |
| F |
Telecommunications, Cable & satellite TV, radio & insurance |
0.45% + $0.05 (Cap $1.75) |
0.55% + $0.10 (Cap $2.00) |
$0.21 + 0.05% + $0.01 |
$0.055 |
| G |
Mass Transit |
0.90% + $0.05 |
1.30% + $0.10 |
$0.21 + 0.05% + $0.01 |
$0.055 |
|
| ***The $0.01 fraud allowance will apply for those issuers that have certified for the interim fraud prevention standards*** |
| |
| ACCEL |
Effective October 1, 2011
|
|
| Tier |
Description |
Interchange |
Premier Interchange |
Durbin Interchange*** |
Switch |
| |
Utility Pinless Bill Payments |
$0.63 |
$0.66 |
$0.21 + 0.05% + $0.01 |
$0.04 |
| |
All Other Pinless Bill Payments |
0.75% + $0.18 (Cap $1.25) |
0.80% +$0.25 (Cap $1.75) |
$0.21 + 0.05% + $0.01 |
$0.04 |
|
| ***The $0.01 fraud allowance will apply for those issuers that have certified for the interim fraud prevention standards*** |
| |
| PULSE |
Effective October 1, 2011
|
|
| Tier |
Description |
Interchange |
Premier Interchange |
Durbin Interchange*** |
Switch |
Monthly Vol Thresholds |
Network Security Fee/Admin Fee |
| 1 |
Utilites, including electricity, gas, waste colelction & water utilities |
$0.60 |
|
$0.21 + 0.05% + $0.01 |
|
|
$0.01 |
| 2 |
Telecomm, transportation, residential services, healthcare & mail-order pharmacy, physical fitness services, charitable & religious organizations |
1.59% + $0.12 (No Cap) |
|
$0.21 + 0.05% + $0.01 |
|
|
0.01% |
| 3 |
Cable/satellite TV & radio, education, financial institutions, gov't, insurance, lenders & real estate |
0.65% + $0.13 (Cap $2.00) |
|
$0.21 + 0.05% + $0.01 |
|
|
0.01% |
| |
$0.085 |
Unregistered Merchants |
|
| $0.065 |
1-500,000 mthly trans |
| $0.055 |
500,001-2,500,000 mthly trans |
| $0.045 |
2,500,001-10,000,000 mthly trans |
| $0.025 |
> 10,000,001 mthly trans |
|
| ***The $0.01 fraud allowance will apply for those issuers that have certified for the interim fraud prevention standards*** |
| |
| STAR |
Effective October 1, 2011
|
|
| Tier |
Description |
Interchange |
Premier Interchange |
Durbin Interchange*** |
Switch |
Monthly Vol Thresholds |
Network Security Fee/Admin Fee |
| |
Established |
0.65% of transaction amt + $0.13
(Cap $2.00) |
0.65% + $0.205
(Cap 2.075) |
$0.21 + 0.05% + $0.01 |
|
|
|
| |
Emerging |
0.60% + $0.13
(Cap $1.50) |
0.60% + $0.205
(Cap $1.575) |
$0.21 + 0.05% + $0.01 |
|
|
|
| |
0.0325 |
1-4,999,999 trans |
0.01 |
| |
0.025 |
5,000,001-15,000,000 trans |
0.01 |
| |
0.020 |
> 15,000,000 |
0.01 |
|
| ****The $0.01 fraud allowance will apply for those issuers that have certified for the interim fraud prevention standards*** |
| |
| AFFN |
Effective October 1, 2011
|
|
| Tier |
Description |
Interchange |
Premier Interchange |
Durbin Interchange*** |
Switch |
| |
|
0.65% + $0.13 (Cap $0.75) |
|
$0.21 + 0.05% + $0.01 |
$0.04 |
|
|
