Charity - Business
Charity Business is a MasterCard interchange fee for a business credit card transaction accepted by a charitable organization.
Interchange fee: 2.00% + $0.10
- Introduced October 2013
- Transaction can be full magnetic strip read or key-entered.
- Transaction settled within 1 day of authorization, authorization response data included in settled transaction.
- Transactions must be from a 8398 sic code