Utility Debit

Utility Debit is the Visa Interchange Rate for debit card transaction accepted by a registered utility. When you pay your electric bill with a Visa debit card, this is the fee that the utility has to pay. Usually it is passed on as a site fee.

Interchange fee: 0.00% + $0.75

Change History:

  • None

Primary Qualifications:

  • Transaction can be full magnetic stripe read or key-entered.
  • Transaction settled within 1 days of authorization, authorization response data included in settled transaction.
  • Transactions must be from a 4900 sic code.
  • Registration is required and the assigned MVV value must be passed to Visa in the settlement record.