CPS Charity is the Visa Interchange Rate for card not present credit transactions accepted at a Charitable or Social Services merchant location.
Interchange fee: 1.35% + $0.00
- Introduced in October 2011 Visa Interchange Schedule
- 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 MCC 8398 and must meet the requirements of CPS Retail, CPS Retail Keyed, CPS Card Not Present or CPS E-Commerce.