EIRF Debit

EIRF stands for Electronic Interchange Re-Imbursement Fee. It's a Visa Interchange rate on debit sales that have been downgraded for not settling within 24 hours of the authorization, missing data elements, or authorization doesn't match settlement.

Interchange fee: 1.75% + $0.20

EIRF Debit is the Visa Interchange rate for a base card type debit transaction that is missing data or did not settle within 24 hours.

  • Electronically authorized and settled transaction without CPS compliance data elements.
  • Transaction settled within 2 days of authorization.