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- Corporate Data Rate I - Corporate
Corporate Data Rate I - Corporate
Corporate Data Rate I - Corporate is the MasterCard Interchange rate for a card present credit transaction.MC Corporate card is accepted at this rate.
Interchange fee: 2.70% + $0.10
- Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe, transaction settled within 1 day of authorization, Banknet reference number and Banknet date, sales tax amount and customer code required in clearing transaction and includes 635 Purchasing Card Format 1 addendum record with merchant location zip code, merchant state/providence code.
- Valid Federal Taxpayer Identification number is required.
- MC Corporate cards.