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

Primary Qualifications:

  • 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.