CPS Small Ticket Prepaid
CPS Small Ticket Prepaid is the Visa Interchange Rate for a prepaid card small ticket card present transaction. Transactions under $15.00 are eligible for small ticket interchange.
Interchange fee: 1.60% + $0.05
Change History: Introduced October 2011
- Cardholder and card present, signature obtained, single electronic authorization, read and transmit complete magnetic stripe
- Transaction settled within 1 day of authorization, authorization response data included in settled transaction.
- Transaction is less than $15.00.
- Non-excluded Sic Code.