Enhanced Petroleum is the MasterCard Interchange rate for an enhanced rewards card type credit transaction at a gas station.
Interchange fee: 1.90% + $0.00 $0.95 cap
- 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.
- Sic is 4468, 5499, 5983, 7511, 9752, 5541 or 5542.
- MC Enhanced Business card.