Large Enterprise
Omnichannel commerce, billing and payments solutions for large merchants and corporates
Fall 2023 Card Brand Updates
Visa Digital Commerce Service Fee:
Visa Digital Commerce Service Fee:
Effective October 2023, Visa will assess a 0.0075% fee to acquirers on all Card-Not-Present settled transactions, with a minimum of $0.0075 per transaction.
Mastercard Preauthorization Fee:
MC Pre-Auth Fee CP/CNP:
Effective October 2023, Mastercard will access a 0.0075% fee for preauthorizations on Card-Present transactions, and a 0.0125% fee for preauthorizations on Card-Not-Present transactions, with a minimum $0.01 charge for each fee.
MC Auth Optimizer NSF Fee:
Effective May 2023, Visa is increasing the Merchant Response Days 26-30 fee from $1.65 to $2.15. This fee is assessed per item when the merchant responds to a dispute within 26-30 days of receiving the preceding dispute questionnaire with a response indicating a credit has been issued, merchant has provided compelling evidence, or the merchant has provided a rebuttal.Effective October 2023, Mastercard will assess a $0.02 transaction fee to eligible transactions when an issuer declines the transaction for insufficient funds and Mastercard has to generate a new Merchant Advice Code (MAC).
Interlink System Integrity Fees:
Issuer Will Never Approve-Reattempt:
Effective November 1, 2023, Interlink will begin assessing the new System Integrity fee for transactions classified and identified as Issuer Will Never Approve-Reattempt.
Interlink EMV Fallback Fee:Interlink EMV Fallback Fee:
Effective November 1, 2023, Interlink will assess a $0.10 fee for each transaction processed at a chip-enabled terminal that involved a chip-enabled card that was instead processed as a magnetic swipe transaction.