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- CPS E-commerce Basic Debit
CPS E-commerce Basic Debit
CPS E-commerce Basic Debit is the Visa Interchange rate for a base card type ecommerce debit transaction. It's very similar to CPS E-commerce Basic, except payment is made with a debit card rather than a credit card.
Interchange fee: 1.60% + $0.15
- Single electronic authorization, authorization must include Address Verification (AVS), order number, and customer service number, purchase date equal to shipping date and within 7 days of authorization
- Transaction settled on or 1 day after purchase/shipping date
- Settled amount must equal authorized amount, authorization response data included in the settled transaction.
- MOTO/ECI Indicator should be a 7 for secure internet transaction.
- Internet merchants should qualify at this rate