CPS Passenger Transport
CPS Passenger Transport is a Visa credit card interchange rate. Merchants that operate taxi and limo services pay this rate.
Interchange fee: 1.70% + $0.10
- Transaction can be full magnetic stripe read or key-entered.
- Transaction settled within 7 days of authorization, authorization response data included in settled transaction.
- Transactions must include address verification request, ticket number and passenger itinerary information.