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

Change History:

  • Introduced October 2011

Primary Qualifications:

  • 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