World Elite Merit I

World Elite Merit I is the MasterCard Interchange Rate for a world elite rewards card type credit transaction. Card is not present.

Interchange fee: 2.50% + $0.10

Primary Qualifications:

  • Card not present at time of authorization, single electronic authorization,  transaction settled within 2 days of authorization, Banknet reference number and Banknet date required in clearing transaction.
  • Non face-to-face and e-commerce transactions are exempt from the timeliness test.