MC Travel Industries Premier Service
MC Travel Services Premier is the MasterCard Interchange rate for a base card type credit transaction. The card is accepted at a lodging, car rental, or cruise ship location.
Interchange fee: 1.74% + $0.10
- 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.