Charity Debit is the MasterCard interchange rate for an unregulated debit card accepted by a charitable organization.
Interchange fee: 1.45% + $0.15
- Introduced October 2013
- Transaction can be full magnetic stripe read or key-entered.
- Transaction settled within 1 days of authorization, authorization response data included in settled transaction.
- Transactions must be from a 8398 sic code.