MC Travel Industries Premier Service Prepaid Debit

MC Travel Industries Premier Service Prepaid is the MasterCard Interchange rate for a prepaid debit transaction at a car rental, lodging, or cruise line location.

Interchange fee: 1.15% + $0.15

Change History:

  • Introduced October 2012 

Primary Qualifications:

  • Single electronic authorization must include "Premier" indicator, transaction settled within 1 day of authorization, Banknet reference number and Banknet date required in clearing transaction.
  • Must be qualified and registered travel merchant from lodging, car rental or cruise line merchant segments.
  • "Premier" clearing records must contain a 635 lodging or car rental addendum record.