CPS Retail Debit

CPS Retail Debit is the Visa Interchange rate for base debit card types in a card present and signature credit transaction.

Interchange fee: 0.80% + $0.15

Change History:

  • 0.80% + $0.15 April 2012

  • 0.95% + $0.20 April 2010

  • 1.03% + $0.15 October 2009

Primary Qualifications:

  • Cardholder and card present, signature obtained, single electronic authorization, merchant name, city, and state included in authorization

  • Read & transmit complete magnetic stripe, transaction settled within 1 day of authorization, authorization response data included in settled transaction.

  • Clearing amount must equal authorization amount except for the following sic codes: 4121 (Taxicabs & Limosines), 5813 (Bars & Taverns), 7230 (Barber & Beauty Shop), 7298 (Health & Beauty Spas). This is to account for tipping in these business types.