CPS Service Stations Prepaid
CPS Service Stations Prepaid is the Visa Interchange Rate for a card present prepaid card transaction accepted at a service station merchant location (gas station).
Interchange fee: 1.15% + $0.15
- Introduced October 2011
- Cardholder and card present
- Signature obtained
- Single electronic authorization
- Read & transmit complete magnetic stripe
- Transaction settled within 1 day of authorization
- Authorization response data included in settled transaction
- Sic code is 5541.
- Transaction is greater than $15.00