Fall Release 2010
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MasterCard® Cross Border Fee This 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. Visa® International Fee (IAF) 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. This fee applies to transactions when a non-U.S. issued Visa card is used for the purchase of goods or services. 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. Discover® International Processing Fee and Discover International Service Fee 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:
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. Visa® Zero Floor Limit Fee This fee is assessed on any VISA clearing transaction submitted without proper authorization. The amount of the fee is $.10 per transaction. Visa® Access Fee The Visa Access Fee of $.0195 per authorization will be assessed to merchants for every settled transaction:
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