World Elite Restaurant

World Elite Restaurant is the MasterCard Interchange Rate for a world elite rewards card credit transaction accepted at a restaurant location.

Interchange fee: 2.20% + $0.10

Primary Qualifications:

  • 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 required in clearing transaction.
  • Sic code is 5812 or 5814.