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- CPS Small Ticket
CPS Small Ticket
CPS/Small Ticket is the Visa Interchange rate for a base card type card present and signature small ticket (less than $15.00) credit transaction. Small ticket interchange applies to transactions at almost all merchant locations where the amount of the sale is $15.00 or lower.
Interchange fee: 1.65% + $0.04
- Non-excluded Sic Codes expanded effective October 2010, to include most merchants except direct marketing, grocery stores, service stations, convenience stores, and financial tractions.
- 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.