Visa Interchange Rates, Banking and FinancingBusiness Banking Management Terms
INTERCHANGE & PRICING
Visa Merchant Interchange Rates
Visa has eight categories for interchange rates: Consumer Check Card, Consumer Prepaid, Consumer Credit, Corporate and Purchasing, Corporate and Purchasing Prepaid, Business, Other, and International.
Visa USA Consumer Check Card
Visa divides their debit interchange program into two categories: Card present and card not present transactions. Then, it further divides cards into “Exempt” and “Regulated” categories from there. The difference between regulated and exempt debit is the amount of money the issuing bank has in assets. If the issuing bank has more than $10 billion in assets, the debit card is considered “regulated,” and if the issuing bank has less than $10 billion on assets, the debit card “unregulated,” or exempt.
The card-present rates are in the table below:
Visa USA Consumer Prepaid
Similar to the consumer check card, the consumer prepaid is also divided into exempt and regulated cards, and card-present and card-not-present transactions. The following table shows the card-present Visa interchange rates for the consumer prepaid card:
Additionally, the following table shows the card-not-present rates for the Visa consumer prepaid card:
Visa USA Consumer Credit
Visa’s Consumer Credit program’s interchange rates are dependent upon the industry in which the purchase is being made and the type of Visa card used. For example, a purchase made in a supermarket with the Visa Signature Preferred card would have an interchange rate of 2.10% + $0.10, while if that same supermarket purchase was made with a Traditional Rewards card the rate would be 1.65% + $0.10.
Visa USA Corporate and Purchasing
The interchange rate for Visa’s Corporate and Purchasing program is dependent on whether the transaction belongs to the Commercial fee program or Government fee program, as shown in the following table:
Further, there is also an interchange rate that applies to STP, or Straight Through Processing:
Lastly, the Large Purchase Advantage Fee Program also applies to the Corporate and Purchasing card:
Visa USA Corporate and Purchasing Prepaid
The Corporate and Purchasing Prepaid interchange rate is subject to five fee programs and whether the card is an exempt corporate prepaid, an exempt purchasing prepaid, or a regulated commercial prepaid:
Visa USA Business (Excluding Prepaid)
The Business Credit Fee Program interchange rate is dependent on the spending tier, as shown in the table below:
The Business Debit Fee Program is dependent on whether or not the card is exempt or regulated:
Visa USA Other Transactions
Visa has interchange rates for transactions categorized as “other,” such as Credit Voucher transactions, Prepaid Loan Service Network, Money Transfer, Cash Disbursement transactions, and Other ATM Non-Cash Disbursement Transactions. These interchange rates are outlined below:
Visa USA International Transactions
Finally, Visa has interchange rates for international transactions—rates for Visa cards used at a US merchant but issued outside of the US. These rates are dependent upon the type of card, as shown below:
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