World Merit III

World Merit III is the MasterCard Interchange rate for a world card present credit transaction.

Interchange fee: 1.90% + $0.10

Change History:

  • 1.73% + $0.10 October 2019

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.