Utility Prepaid Debit

Utility Prepaid Debit is the MasterCard Interchange Rate for a prepaid debit card transaction accepted by a registered utility. Only utilities will see this interchange fee, it'll never come up for any other type of business.

Interchange fee: 0.00% + $0.65

Change History:

  • Introduced October 2012 

Primary Qualifications:

  • 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 4900 sic code.
  • Registration is required and the assigned registration code must be passed to MasterCard in the settlement record.