Visa

Review network mandates for accepting Visa card payments. Changes include the date when it will take effect.

Adjustments to the Base II File Transmission Fee (VBII / VSNAF)

📘

Effective January 1, 2025

Effective January 1, 2025, Visa will be revising billing on VBII/VSNAF fee. The cost will be increased from $0.002 to $0.0025 for each financial transaction processed through the Base II system.

ACI Value of “D” Will Be Returned for Some Issuer-Approved Eligible Transactions in the US

📘

Effective April 2025

ACI field in Create Transaction API Response will contain the new value of “D” in for issuer-approved
EDQP-eligible transactions (Visa's Electronic Data Quality Program) that requested CPS but did not qualify.

Issuer-declined transactions that requested CPS, but did not qualify, will receive an ACI value of “N”

The EDQP is a new data integrity program that aims to help improve data integrity and maintain processing integrity throughout the life cycle of a transaction, providing consistency as it is adopted globally across all regions. TabaPay will ensure data quality of transactions per the EDQP Program.

The below transaction types are considered eligible EDQP transactions and will receive an ACI value of “D” if they meet CPS criteria:
• Account funding transaction
• Bill payment
• Manual cash
• Merchandise return / credit voucher
• Purchase
• Quasi-cash
• Reversal

Visa Restrictions on Standing Instruction MITs Will Be Delayed to July 2025

📘

Effective July 30, 2025

Visa is further delaying plans to restrict standing instruction merchant-initiated transactions (MITs) to credential-on-file tokens only.

To minimize impacts to existing transactions and to merchants, Visa will take the following approach to the restriction to COF tokens:

  • Standing instruction MITs on device tokens provisioned after 30 July 2025 will be declined.
  • Visa will continue to honor MIT relationships between merchants and cardholders on device tokens that were provisioned on or before 30 July 2025. Visa expects that such device token usage for standing instruction MITs will be reduced over time by natural attrition as device tokens are deactivated or expired.

Changes to Visa Commercial Choice Omni and Visa Commercial Choice Travel Programs

📘

Effective October 18, 2024

Visa will implement changes to support additional interchange rates for Visa Commercial Choice Omni and Visa Commercial Choice Travel programs.

B2B Program ID ValueB2B Program ID DescriptionB2B Program ID Rates
C4B2B Program 222.10%
C5B2B Program 232.20%
C6B2B Program 242.30%
C7B2B Program 252.40%
C8B2B Program 262.50%
C9B2B Program 272.60%
D1B2B Program 282.70%
D2B2B Program 292.80%
D3B2B Program 302.90%
D4B2B Program 313.00%
D5B2B Program 32Rates will be announced in a future Visa Business News article
D6B2B Program 33Rates will be announced in a future Visa Business News article
D7B2B Program 34Rates will be announced in a future Visa Business News article
D8B2B Program 35Rates will be announced in a future Visa Business News article
D9B2B Program 36Rates will be announced in a future Visa Business News article
E1B2B Program 37Rates will be announced in a future Visa Business News article
E2B2B Program 38Rates will be announced in a future Visa Business News article
E3B2B Program 39Rates will be announced in a future Visa Business News article
E4B2B Program 400.85%
E5B2B Program 410.95%
E6B2B Program 421.05%
E7B2B Program 431.15%
E8B2B Program 441.25%
E9B2B Program 451.35%
F1B2B Program 461.45%
F2B2B Program 471.55%
F3B2B Program 481.65%
F4B2B Program 491.75%
F5B2B Program 501.85%
F6B2B Program 511.95%
F7B2B Program 522.05%
F8B2B Program 532.15%
F9B2B Program 542.25%
G1B2B Program 552.35%
G2B2B Program 562.45%
G3B2B Program 572.55%
G4B2B Program 582.65%
G5B2B Program 592.75%
G6B2B Program 602.85%
G7B2B Program 612.95%

Changes to Transactions Destined to India

📘

Effective July 19, 2024

Visa will implement changes to decline cross-border transactions destined to issuers in India with certain gambling merchant category codes (MCCs)

MCCMCC Description
7995Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting, Wagers at Race Tracks and games of chance to win prizes of monetary value
9406Government-Owned Lotteries (Non-U.S. region)

New Interregional and Regional Fee Programs for Account Funding Transactions

Visa will introduce new interregional and AP, CEMEA, Europe, and LAC regional fee programs for certain money transfer account funding transactions (AFTs).

📘

Effective October 18, 2024

Changes to Canada Domestic Visa Debit Interchange Rates

📘

Effective December 31, 2024

Visa will update the rates for certain existing interchange fee programs applicable to Visa debit transactions.

Changes to the Electronic Fee Program for Visa Debit Transactions

ProductFee DescriptorExisting rateNew Rate
Visa Debit ClassicCHIP ELEC DB NATCA$0.05+0.25%CA$0.03
CHIP ELEC DB NATCA$0.05+0.25%CA$0.03
Visa Debit BusinessCHIP ELEC DB NATCA$0.05+0.25%CA$0.03
CHIP ELEC DB INTCA$0.05+0.25%CA$0.03

Changes to the Performance Program – Card Present Electronic Fee Program for Visa Debit Transactions

ProductFee DescriptorExisting rateNew Rate
Visa Debit ClassicCHP DB TR1 NATCA$0.05+0.15%CA$0.03
CHP DB TR1 INTCA$0.05+0.15%CA$0.03
Visa Debit BusinessCHP DB TR1 NATCA$0.05+0.15%CA$0.03
CHP DB TR1 INTCA$0.05+0.15%CA$0.03

Changes to the Industry – Gas Fee Program for Visa Debit Transactions

ProductFee DescriptorExisting rateNew Rate
Visa Debit ClassicCHP DB IND1 NATCA$0.05+0.15%CA$0.03
CHP DB IND1 INTCA$0.05+0.15%CA$0.03
Visa Debit BusinessCHP DB IND1 NATCA$0.05+0.15%CA$0.03
CHP DB IND1 INTCA$0.05+0.15%CA$0.03

Changes to the Industry – Grocery Fee Program for Visa Debit Transactions

ProductFee DescriptorExisting rateNew Rate
Visa Debit ClassicCHP DB IND2 NATCA$0.05+0.15%CA$0.03
CHP DB IND2 INTCA$0.05+0.15%CA$0.03
Visa Debit BusinessCHP DB IND2 NATCA$0.05+0.15%CA$0.03
CHP DB IND2 INTCA$0.05+0.15%CA$0.03

New U.S. Domestic Visa+ Original Credit Transaction Client-to-Client Fee Program

📘

Effective October 18, 2024

Visa will implement a new U.S. domestic client-to-client fee program, including fee descriptor, fee program indicator (FPI), and client-to-client fee for Visa+ original credit transactions (OCTs).

Changes to U.S. Domestic Interchange Fee Programs

📘

Effective October 18, 2024

Visa will implement changes to update the existing Purchasing Card – Fleet fee program and introduce a new fee program applicable to Visa consumer credit supermarket transactions from eligible small merchants.

Existing Purchasing Card – Fleet Fee Program

Fee ProgramExisting Fee
Descriptors
Existing Rate
Purchasing Card – FleetUS PURCH FLT2.50% + $0.10

New Fee Program for Small Merchant Supermarket Transactions

Fee ProgramProductExisting Fee
Descriptors
Existing Rate
Small Merchant
Supermarket
Visa TraditionalSM VT SPMKT1.50% + $0.07
Visa Traditional
Rewards
SM VTR SPMKT1.50% + $0.07
Visa SignatureSM VS SPMKT1.65% + $0.07
Visa Signature
Preferred
SM VSP SPMKT2.00% + $0.07
Visa Infinite (Spend
not-qualified)
SM VIN SPMKT1.65% + $0.07
Visa Infinite (Spend-
qualified)
SM VIQ SPMKT2.00% + $0.07

Update to Interchange Fee Processing for Canada Domestic Transactions from Consumer Bill Payment Service Providers

📘

Effective October 18, 2024; Canada only

Visa will implement changes to allow U.S. domestic Visa Direct account funding transactions (AFTs) and original credit transactions (OCTs) to qualify for the Visa Direct Strategic fee program.

Consumer Bill Payment Service (CBPS) providers must be aware that domestic CBPS transactions may qualify for fee programs other than those specific to consumer bill payment service providers.

New Small Merchant Fee Programs for Visa Consumer Credit Transactions

📘

Effective October 18, 2024; Canada Only

Visa will implement new fee programs for Canada domestic Visa consumer credit purchase and credit voucher transactions from eligible small merchants. Visa will introduce new domestic Canada interchange programs for small merchants to support revisions to its voluntary interchange Undertaking with the government of Canada.

New Small Merchant Electronic Fee Program

ProductNew Fee DescriptorNew Rate
Visa Classic Credit
Visa Gold Credit
Visa Platinum Credit
CONS SM ELEC NAT0.81%
Visa Classic Credit
Visa Gold Credit
Visa Platinum Credit
CONS SM ELEC INT0.81%
Visa Infinite CreditINF SM ELEC NAT0.99%
Visa Infinite CreditINF SM ELEC INT0.99%
Visa Infinite Privilege CreditHNW SM ELEC NAT1.80%
Visa Infinite Privilege CreditHNW SM ELEC INT1.80

New Small Merchant Card Not Present – Token Fee Program

ProductNew Fee DescriptorNew Rate
Visa Classic Credit
Visa Gold Credit
Visa Platinum Credit
CNSTKN
SMCNP NAT
1.25%
Visa Classic Credit
Visa Gold Credit
Visa Platinum Credit
CNSTKN
SMCNP INT
1.25%
Visa Infinite CreditINFTKN
SMCNP NAT
1.50%
Visa Infinite CreditINFTKN
SMCNP INT
1.50%
Visa Infinite Privilege CreditHNWTKN
SMCNP NAT
2.25%
Visa Infinite Privilege CreditHNWTKN
SMCNP INT
2.25%

Requirement to Send Transaction Identifier From Preceding Account Funding Transaction in Money-Transfer Original Credit Transactions

📘

Effective October 18, 2024

Visa recommends including the transaction ID from a preceding Account Funding Transaction into an Original Credit Transaction message where available

The business reasons for this enhancement include, but are not limited to:
• Enhancement to Existing Acceptance Channels
• Global Rule, Legal, or Regulatory
• Risk Management

Clients must store and send the network ID from the original Account Funding Transaction (regardless of whether it is processed via TabaPay) and provide it in the subsequent Original Credit Transaction via TabaPay.

Applies to both domestic and cross-border OCTs.

Changes to Support New Data Requirements in Visa Direct Transactions

📘

Effective October 18, 2024

Regulatory reporting requirements have been introduced that require new sender information for cross-border push transactions.

  • Source of Funds will be required on all cross-border push transactions
  • Sender date of birth will be required on all cross-border push transactions

For a full review of all data requirements, including required and recommended fields, please refer cross-border push data requirements..

Changes to Transactions Destined to Mainland China

📘

Effective June 14, 2024

Visa will implement changes to prohibit transactions destined to issuers in Mainland China with certain merchant category codes (MCCs) listed in prohibited MCC list. Merchants should no longer submit original transactions with any transaction amount for certain MCCs in the prohibited category destined to issuers in Mainland China.

Visa will implement changes to restrict transactions destined to issuers in Mainland China with certain MCCs listed in restricted MCC list. Merchants should no longer submit original transactions with transaction amount greater than US$5,000 or equivalent for certain MCCs in the restricted category destined to issuers in Mainland China.

📘

Contact Tabapay for a list of specific MCCs

Processing Integrity Program Fees Will Be Delayed in Canada

📘

Effective April 25, 2024

The implementation date and reporting for Processing Integrity Program fees including included the Misuse of Authorization System fees will now be delayed until April 25, 2024 and will take effect globally on the same date.

Visa Authorization Response Code Updates

📘

Effective April 13, 2024

Three response codes 39, 52, and 53 are moving from Category 4—Generic Response Codes to Category 2—Issuer Cannot Approve At This Time:

  • Response Code 39 - No credit account.
  • Response Code 52 - No checking account.
  • Response Code 53 - No savings account

These changes will help with the following improvements:
• To improve authorization processing
• Minimize invalid authorization reattempts
• Optimize the consumer experience through greater transaction approvals

Additionally, Response Code 14 (invalid account number [no such number]) will remain as a Category 1—Issuer Will Never Approve decline code and in the Data Quality Program. Response Code 14 will no longer be counted as part of excess reattempts.

A new response code, Z5 (valid account but amount not supported) is being introduced as a Category 2 decline code.

Response Code 14 (invalid account number [no such number]) is currently defined as both a Category 1—Issuer
Will Never Approve and a Category 3—Data Quality decline code. In response to requests for clarification, effective 13 April 2024, Response Code 14 will be removed from Category 3 and will be treated solely as a Category 1 decline code. As a Category 1, merchants must not reattempt an authorization
request after a decline.

Note: Response Code 14 will remain in the Data Quality program for the purposes of system integrity fees.

Visa Multiple Account Access Service

📘

Effective April 12, 2024

Visa is launching Visa Multiple Account-Access Service (VMAAS) for US Domestic transactions. TabaPay will be enabling processing changes to support VMAAS for processing in April 2024; and plans to include support for VMAAS indicator (TBD).

VMAAS will enable merchants to provide cardholders the ability to access multiple funding options through a single Visa credential. Every VMAAS enabled credential is identified as a primary credential and can be linked to one or more secondary credentials.

Effective April 12, 2024, first use case being launched in the US is using Debit Classic as a primary credential, and Consumer Credit as a secondary credential. A cardholder must notify their issuer of their choice of credential (for example, primary or secondary) before making an eligible transaction. Each issuer must decide the method the cardholder must use to provide such notice.

Excluded MCCs for VMASS using the Debit Classic with Consumer Credit access use case:

  • 4829 - Money Transfer
  • 6010 - Financial Institution - Manual Cash Disbursements
  • 6011 - Financial Institution - Automated Cash Disbursements
  • 6012 - Financial Institution - Merchandise, Services, Debt Repayment
  • 6051 - Non-Financial Institutions –. Foreign Currency, Liquid and Cryptocurrency Assets
  • 6211 - Securities—Brokers/Dealers

Visa High Integrity Risk Fee

📘

Effective April 12, 2024

Fee for each CNP transaction processed with the following MCC codes, a fee of $0.10/transaction + 0.10% will be applied as Visa High Integrity Risk Fee.

  • 5967 (Direct Marketing)
  • 7273 (Dating Services)
  • 7995 (Betting, Lottery Tickets, Casino Gaming Chips)

Visa Direct: Cross-Border OCTs and AFTs Will Be Declined if Purpose of Payment Field is Not Populated

📘

Effective April 12, 2024

Effective 12 April 2024, Visa will decline cross-border original credit transactions (OCTs) and
account funding transactions (AFTs) sent to and received in Argentina, Bangladesh, Chile, Colombia, Egypt and
India if the Purpose of Payment code field is not populated.

What is the PoP Code?
The PoP code is a 12-character free-text field used to classify and report the nature and purpose of transactions.
Sending institutions should use regulatory published codes in the countries they are sending to, and where not
possible, should use standardized codes outlined in the reference below.

👍

Reference

For more details, please visit Purpose of Payment requirements.


Updates to Existing Interlink Card-Not-Present Fee Programs

📘

Effective April 12, 2024

Visa will implement changes to the fee edit criteria for the following non-Visa card-not-present Interlink fee programs:
• Card-Not-Present
• Electronic Commerce
• Hotel and Car Rental Card-Not-Present
• Passenger Transport Card-Not-Present
• Consumer Bill Payment Service (CBPS)
• Account Funding

The existing fee edit criteria for card-not-present Interlink fee programs will exclude the following high-risk telemarketing merchant types:
• 5962 (Direct marketing—travel-related arrangement services)
• 5966 (Direct marketing—outbound telemarketing merchant)
• 5967 (Direct marketing—inbound telemarketing merchant)
Card-not-present transactions submitted with merchant types 5962, 5966, and 5967 will continue to qualify for the Interlink Standard Card-Not-Present fee program.

Fee ProgramFee DescriptorFPIRate
Interlink Standard Card-Not-Present DebitILK STANDARD DB7211.90% + $0.25
Interlink Standard Card-Not-Present PrepaidILK STANDARD PP7221.90% + $0.25

Changes to Existing Visa Consumer Credit Fee Programs

📘

Effective April 12, 2024

Visa will implement changes to modify rates for the following existing Visa consumer credit fee programs:
• Healthcare and Healthcare–Non-Token
• Education and Education–Non-Token
• Real Estate and Real Estate–Non-Token
• Services and Services–Non-Token
• Travel
• Consumer Bill Payment Service (CBPS)
• Product 1
• Product 1–Token
• Small Merchant programs for:

  • Healthcare
  • Education
  • Real Estate
  • Services

Healthcare

Fee ProgramFee DescriptorFPIExisting RateNew Rate
Visa TraditionalVT HEALTHCARE4611.43% + $0.051.42% + $0.10
Visa Traditional RewardsVTR HEALTHCARE4621.43% + $0.051.42% + $0.10
Visa SignatureVS HEALTHCRE4631.43% + $0.051.42% + $0.10
Visa Signature PreferredVSP HLTHCRE4642.30% + $0.102.28% + $0.15
Visa Infinite (Spend not-qualified)VIN HEALTHCRE7441.43% + $0.051.42% + $0.10
Visa Infinite (Spend-qualified)VIQ HLTHCRE6732.30% + $0.102.29% + $0.15

Healthcare - Non-token

Fee ProgramFee DescriptorFPIExisting RateNew Rate
Visa TraditionalVT HEALTH NT6131.53% + $0.051.52% + $0.10
Visa Traditional RewardsVTR HEALTH NT6141.53% + $0.051.52% + $0.10
Visa SignatureVS HEALTH NT6151.53% + $0.051.52% + $0.10
Visa Signature PreferredVSP HLTH NT6162.40% + $0.102.38% + $0.15
Visa Infinite (Spend not-qualified)VIN HEALTH NT7451.53% + $0.051.52% + $0.10
Visa Infinite (Spend-qualified)VIQ HLTH NT6742.40% + $0.102.39% + $0.15

Visa High Integrity Risk Fees

Fee for each CNP transaction processed with the following MCC Codes:

  • 5967 (Direct Marketing)
  • 7273 (Dating Services)
  • 7995 (Betting, Lottery Tickets, Casino Gaming Chips).
  • Fee: $0.10/Txn + 0.10%

Visa ANI - Promotional Fee

📘

Effective April 1, 2024

Visa ended the $0.05 promotional period for Account Name Inquiry (ANI)

Visa Commercial Assessment Fee

📘

Effective April 1, 2024

An assessment fee calculated on sales volume for Visa commercial Debit and Credit cards; Fee 0.0113%

Visa CVV2 Fee

📘

Effective April 1, 2024

Card Verification Value (CVV2) fee of $0.002825 per Match/No Match i.e. when CVV2 match result yields a match/no match result with the following exceptions:

  • When the CVV2 is not verified or an error condition prevents the result from being returned to the acquirer
  • When 3-D Secure Verification is successful
  • When the transaction is an account verification message of $0 amount

Visa Commercial Assessment Fee

📘

Effective April 1, 2024

An assessment fee calculated on sales volume for Visa commercial Debit and Credit cards; Fee 0.0113%.

Visa CVV2 Pricing in Canada

📘

Effective April 1, 2024

For card-not-present (CNP) merchants, fraudulent transactions can lead to lost revenue and extra processing time and costs, which narrows profit margins. CVV2 is a three-digit security code on the rear of a physical payment card that complements merchants’ existing fraud detection tools, providing another data point to help identify the riskiest transactions. Because CNP merchants are at greater risk for stolen account number schemes, they need to be diligent in their fraud control efforts. CVV2 can help a merchant differentiate between genuine customers and fraudsters who operate anonymously.

To reflect CVV2’s value in helping to mitigate fraud, Visa will introduce pricing for CVV2.

Effective 1 April 2024, Visa will introduce acquirer pricing for CVV2 on a per-transaction basis when the CVV2 yields a match or no match result (CVV2 results code value is M or N). The fee will not be assessed when the CVV2 is not verified or an error condition prevents the result from being returned to the acquirer.

The Card Verification Value acquirer fee will also not be charged when 3-D Secure verification is successful or when the transaction is a zero-amount account verification message.

Effective April 1, 2024, the CVV2 Fee will be USD 0.0025 per CVV2 match / no match result.

ANI Fee change

📘

Effective April 1, 2024

Visa increased the Visa Account Name Inquiry ANI Fee from $0.05 to $0.10

Fee: $0.10 for each ANI result

Visa CVV2 Fee change

📘

Effective April 1, 2024

Card Verification Value 2 (CVV2) fee when it yields a match/no match result with the following exceptions:

  • When the CVV2 is not verified, or an error condition prevents the result from being returned to the acquirer.
  • When 3-D Secure verification is successful
  • When the transaction is an account verification message of $0 amount
  • Fee:$0.002825 per Match/No Match result

Visa Commercial Assessment Fee

📘

Effective April 1, 2024

An assessment fee calculated on sales volumes for Visa commercial Credit and Debit cards

Fee0.0113%

Changes that have already gone into effect.

Previous Visa Updates

Changes to Interregional Interchange Fee Programs for Visa Consumer and Visa Commercial Transactions

📘

Effective October 1, 2023

Visa will implement changes to the interregional interchange fee programs, including no longer assessing certain existing fee programs and introducing new fee programs with new fee edit criteria, fee descriptors, fee program indicators (FPIs), and rates.

New Interregional Base Fee Programs for Visa Consumer and Visa Commercial, including Business, Transactions
Fee ProgramFee DescriptorsNew Rates
Super Premium—Base fee programSPR PREMIUM CARD1.98%
Premium—Base fee programPREMIUM CARD1.85%
Non-Premium—Base fee programNON PREMIUM CARD1.10%
Business Premium—Base fee programCOMCL-BUS2.00%
Corporate—Base fee programCOMCL-CORP2.00%
Purchasing —Base fee programCOMCL-PURCH2.00%
New Interregional Alternative Fee Programs for Visa Consumer and Visa Commercial, including Business, Transactions
Fee ProgramFee DescriptorsNew Rates
Super Premium—Alternative fee programSPR PREMIUM ALT1.98%
Premium—Alternative fee programPREMIUM ALT1.85%
Non-Premium—Alternative fee programNON PREMIUM ALT1.10%
Business Premium—Alternative fee programBUS ALT2.00%
Corporate—Alternative fee programCORP ALT2.00%
Purchasing —Alternative fee programPURCH ALT2.00%
New Interregional Downgrade Fee Programs for Visa Consumer and Visa Commercial, including Business, Transactions
Fee ProgramFee DescriptorsNew Rates
Super Premium—Downgrade fee programSPR PREMIUM DGD2.03%
Premium—Downgrade fee programPREMIUM DGD1.90%
Non-Premium—Downgrade fee programNON PREMIUM
DGD
1.65%
Business Premium—Downgrade fee programBUS DGD2.05%
Corporate—Downgrade fee programCORP DGD2.05%
Purchasing —Downgrade fee programPURCH DGD2.05%
New Consumer Credit Voucher or Merchandise Return interregional Fee Program
Fee ProgramProductFee DescriptorsNew Rates
Credit Voucher
or Merchandise
Return
Any
Visa consumer
transaction
CONS CVMR1.00%
Credit Voucher
or Merchandise
Return
Any
Visa commercial,
including
Business,
transaction
COMM CVMR1.80%
Changes to the Interregional Standard Fee Program
Existing Fee
Program
Name
New Fee
Program
Name
Existing Fee
Descriptor
New Fee
Descriptor
Rate
Interregional
Standard
Uncategorized
Products
STANDARDUNCATEGORIZED1.60%
New FPI Value for Interregional Manual Cash Transactions
Fee Program NameFee DescriptorRate
Manual Cash DisbursementSTANDARD0.33% +
US$1.75

Updates to Canada Domestic Visa Consumer Credit Fee Programs for Tokenized Transactions

📘

Effective October 1, 2023

Visa will update the fee edit criteria requirements for certain existing interchange fee programs applicable to tokenized Visa consumer credit transactions in the Canada region.

ProductFee ProgramFee DescriptorsRate
Visa Infinite PrivilegePerformance
Card-Not-Present-Token—Infinite
Privilege, NNSS
HNW TKN
PRF NAT
2.30%
Visa Infinite PrivilegePerformance—Infinite Privilege,
internationally-settled
HNW TKN
PRF INT
2.30%
Visa InfinitePerformance—Infinite, NNSSINF TKN PRF
NAT
1.55%
Visa InfinitePerformance—Infinite,
internationally-settled
INF TKN PRF
INT
1.55%
Visa Classic
Credit,
Visa Gold Credit,
Visa Platinum
Credit
Performance—Consumer, NNSSCONS TKN
PRF NAT
1.30%
Visa Classic
Credit,
Visa Gold Credit,
Visa Platinum
Credit
Performance—Consumer,
internationally-settled
CONS TKN
PRF INT
1.30%
Existing Performance Card-Not-Present-Token FPIs, Fee Descriptors, and Rates
ProductFee ProgramFee DescriptorRate
Visa Infinite PrivilegeCard-Not-Present-Token—Infinite
Privilege, NNSS
HNW TKNCNP
NAT
2.35%
Visa Infinite PrivilegeCard-Not-Present—Infinite
Privilege, internationally-settled
HNW TKNCNP
INT
2.35%
Visa InfiniteCard-Not-Present—Infinite,
NNSS
INF TKNCNP
NAT
1.60%
Visa InfiniteCard-Not-Present—Infinite,
internationally-settled
INF TKNCNP
INT
1.60%
Visa Classic
Credit,
Visa Gold Credit,
Visa Platinum
Credit
Card-Not-Present—Consumer,
NNSS
CONS
TKNCNP NAT
1.35%
Visa Classic
Credit,
Visa Gold Credit,
Visa Platinum
Credit
Card-Not-Present—Consumer,
internationally-settled
CONS
TKNCNP INT
1.35%
Existing Recurring Payment-Token FPIs, Fee Descriptors, and Rates
ProductFee ProgramFee DescriptorRate
Visa Infinite PrivilegeRecurring
Payment-Token—Infinite
Privilege, NNSS
HNW TKNRC NAT1.90%
1.90%Recurring
Payment—Infinite
Privilege,
internationally-settled
HNW TKNRC INT1.90%
Visa InfiniteRecurring
Payment—Infinite,
NNSS
RCPMT TKNINF NAT1.48%
Visa InfiniteRecurring
Payment—Infinite,
internationally-settled
RCPMT TKNINF INT1.48%
Visa Classic
Credit,
Visa Gold Credit,
Visa Platinum
Credit
Recurring
Payment—Consumer,
NNSS
RCPMT TKNCR NAT1.20%
Visa Classic
Credit,
Visa Gold Credit,
Visa Platinum
Credit
Recurring
Payment—Consumer,
internationally-settled
RCPMT TKNCR INT1.20%

Digital Commerce Fee: 0.75bps (0.0075%), $0.0075 minimum on purchases replaces AVS and CVV2

📘

Effective October 1, 2023

Visa will introduce a Digital Commerce Fee in the US on all Card Not Present (CNP) settled transactions. The Digital Commerce Fee aims to support digital services and solutions offered by Visa to help increase the performance and security of the payments ecosystem. The fee is 0.75bps on all settled transactions with a min of $0.0075 per transaction. If a transaction is less than or equal to $100, the minimum of $0.0075 will be charged for that transaction. The fee is applicable to all card acceptance use-cases and transactions, note that AFT and Push (OCT) transactions are not subject to the fee.

With the introduction of this fee, Visa will include access to the services below at no cost for CNP transactions:

  • Address Verification Service ($0.001) helps merchants mitigate the risk of fraud by requesting verification that the billing address matches the cardholder's address held by issuer
  • Card Verification Value 2 (CVV2), which is designed to help mitigate fraud by enabling merchants to use the 3-digit code printed on signature panel of a Visa card to verify it
  • Note: Account verification fees will remain

Effective October 2023: Four Changes to U.S. Interchange

📘

Effective October 1, 2023

New Small Merchant Interchange Programs for Visa Consumer Credit Transactions
Updated Small Merchant Product 1 Fee Program
ProductExisting Fee
Descriptors
New Fee DescriptorsExisting
Rates
New Rates
Visa TraditionalSMLMCH VTPD1No changes1.58% +
$0.10
No changes
Visa Traditional RewardsSMLMCH VTRPD1No changes1.73% +
$0.10
No changes
Visa SignatureSMLMCHVSVINPD1SMLMCH VS PD11.73% +
$0.10
No changes
Visa Infinite (Spend
not-qualified)
SMLMCHVSVINPD1SMLMCH VIN PD11.73% +
$0.10
No changes
Visa Signature PreferredSMLMCH VSP PD1No changes2.18% +
$0.10
No changes
Visa Infinite (Spend-qualified)SMLMCH VIQ PD1No changes2.18% +
$0.10
No changes
New Fee Programs for Services Transactions from Small Merchants
ProductNew Fee Descriptors Rates
Visa TraditionalSM VT SERVICES1.55% +
$0.10
Visa Traditional RewardsSM VTR SERVICES1.70% +
$0.10
Visa SignatureSM VS SERVICES1.85% +
$0.10
Visa Signature PreferredSM VSP SVCS2.30% +
$0.10
Visa Infinite (Spend
not-qualified)
SM VIN SERVICES1.85% +
$0.10
Visa Infinite (Spend-qualified)SM VIQ SVCS2.30% +
$0.10
New Fee Program for Telecommunications and Cable Card-Not-Present Transactions from Small Merchants
ProductNew Fee DescriptorsRates
Visa Traditional,
Visa Traditional Rewards,
Visa Signature
SM VT VTR VS RP1.43% +
$0.05
Visa Signature PreferredSM VSP RP2.20% +
$0.05
Visa Infinite (Spend
not-qualified)
SM VIN RP1.43% +
$0.05
Visa Infinite (Spend-qualified)SM VIQ RP2.20% +
$0.05

Rate Changes for Existing Visa Consumer Credit Fee Programs

Rate Changes for the Product 2 Fee Program
ProductFee DescriptorsExisting RatesNew Rates
Visa TraditionalVT PRODUCT 21.51% + $0.10No changes
Visa Traditional RewardsVTR PRODUCT 21.65% + $0.10No changes
Visa SignatureVS PRODUCT 21.65% + $0.10No changes
Visa Infinite (Spend-not
qualified)
VIN PRODUCT 21.65% + $0.101.90% +$0.10
Visa Signature
Preferred
VSP PRODUCT 22.10% + $0.10No changes
Visa Infinite
(Spend-qualified)
VIQ PRODUCT 22.10% + $0.102.30% +$0.1
Rate Changes for the Product 1 Fee Programs - Product 1
ProductFee DescriptorsExisting RatesNew Rates
Visa TraditionalVT PRODUCT 11.89% + $0.10No changes
Visa Traditional RewardsVTR PRODUCT 12.04% + $0.10No changes
Visa SignatureVS PRODUCT 12.05% + $0.10No changes
Visa Infinite (Spend-not
qualified)
VIN PRODUCT 12.05% + $0.102.20% + $0.10
Visa Signature
Preferred
VSP PRODUCT 12.50% + $0.10No changes
Visa Infinite
(Spend-qualified)
VIQ PRODUCT 12.50% + $0.102.60% + $0.1
Rate Changes for the Product 1 Fee Programs - Product 1 Tokenized
ProductFee DescriptorsExisting RatesNew Rates
Visa TraditionalVT PRD 1 TKN1.80% + $0.10No changes
Visa Traditional RewardsVTR PRD 1 TKN1.95% + $0.10No changes
Visa SignatureVS PRD 1 TKN1.95% + $0.10No changes
Visa Infinite (Spend-not
qualified)
VIN PRD 1 TKN1.95% + $0.102.10% + $0.10
Visa Signature
Preferred
VSP PRD 1 TKN2.40% + $0.10No changes
Visa Infinite
(Spend-qualified)
VIQ PRD 1 TKN2.40% + $0.102.50% +$0.10
Rate Changes for the Product 1 Fee Programs - Product 1 Tokenized
ProductFee DescriptorsExisting RatesNew Rates
Visa TraditionalCBPS VT1.89% +$0.10No changes
Visa Traditional RewardsCBPS VTR2.04% + $0.10No changes
Visa SignatureCBPS VS 2.05% + $0.10No changes
Visa Infinite (Spend-not
qualified)
CBPS VIN2.05% + $0.102.20% + $0.10
Visa Signature
Preferred
CBPS VSP 2.50% + $0.10No changes
Visa Infinite
(Spend-qualified)
CBPS VIQ 2.50% + $0.102.60% + $0.10

Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators

Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Telecommunications and Cable
ProductExisting Fee DescriptorsNew Fee Descriptor
Visa Traditional
Visa Traditional Rewards
Visa Signature
CPS/RECUR PMTNo changes
Visa Infinite (Spend-not
qualified)
CPS/RECUR PMTVIN RCR PMT
Visa Signature PreferredVSP RCR PMTNo changes
Visa Infinite
(Spend-qualified)
VIQ RCR PMTNo change
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Telecommunications and Cable - Non-tokenized
ProductExisting Fee DescriptorsNew Fee Descriptor
Visa Traditional
Visa Traditional Rewards
Visa Signature
CPS/RECUR PMT NTNo changes
Visa Infinite (Spend-not
qualified)
CPS/RECUR PMT NTVIN RP NT
Visa Signature PreferredVSP RP NTNo changes
Visa Infinite
(Spend-qualified)
VIQ RP NTNo change
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Services
ProductFee DescriptorsNew Rates
Visa TraditionalVT SERVICESNo changes
Visa Traditional RewardsVTR SERVICESNo changes
Visa SignatureVS VIN SERVICESVS SERVICES
Visa Infinite (Spend-not
qualified)
VS VIN SERVICESVIN SERVICES
Visa Signature
Preferred
VSP SERVICESNo changes
Visa Infinite
(Spend-qualified)
VIQ SERVICESNo changes
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Services - Non-tokenized
ProductFee DescriptorsNew Rates
Visa TraditionalVT SVCS NTNo changes
Visa Traditional RewardsVTR SVCS NTNo changes
Visa SignatureVS VIN SVCS NTVS SVCS NT
Visa Infinite (Spend-not
qualified)
VS VIN SVCS NTVIN SVCS NT
Visa Signature
Preferred
VSP SVCS NTNo changes
Visa Infinite
(Spend-qualified)
VIQ SVCS NTNo changes
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Product 2
ProductFee DescriptorsNew Rates
Visa TraditionalVT PRODUCT 2No changes
Visa Traditional RewardsVTR PRODUCT 2No changes
Visa SignatureVS VIN PRODUCT 2VS PRODUCT 2
Visa Infinite (Spend-not
qualified)
VS VIN PRODUCT 2VIN PRODUCT 2
Visa Signature
Preferred
VSP PRODUCT 2No changes
Visa Infinite
(Spend-qualified)
VIQ PRODUCT 2No changes
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Product 1
ProductFee DescriptorsNew Rates
Visa TraditionalVT PRODUCT 1No changes
Visa Traditional RewardsVTR PRODUCT 1No changes
Visa SignatureVS VIN PRODUCT 1VS PRODUCT 1
Visa Infinite (Spend-not
qualified)
VS VIN PRODUCT 1VIN PRODUCT 1
Visa Signature
Preferred
VSP PRODUCT 1No changes
Visa Infinite
(Spend-qualified)
VIQ PRODUCT 1No changes
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - Product 1 Tokenized
ProductFee DescriptorsNew Rates
Visa TraditionalVT PRD 1 TKNNo changes
Visa Traditional RewardsVTR PRD 1 TKNNo changes
Visa SignatureVS VIN PRD 1 TKNVS PRD 1 TKN
Visa Infinite (Spend-not
qualified)
VS VIN PRD 1 TKNVIN PRD 1 TKN
Visa Signature
Preferred
VSP PRD 1 TKNNo changes
Visa Infinite
(Spend-qualified)
VIQ PRD 1 TKNNo changes
Changes to Existing Visa Consumer Credit Interchange Fee Descriptors and Fee Program Indicators - CBPS
ProductFee DescriptorsNew Rates
Visa TraditionalCBPS VTNo changes
Visa Traditional RewardsCBPS VTRNo changes
Visa SignatureCBPS VS VINCBPS VS
Visa Infinite (Spend-not
qualified)
CBPS VS VINCBPS VIN
Visa Signature
Preferred
CBPS VSP No changes
Visa Infinite
(Spend-qualified)
CBPS VIQ No changes

Client-to-Client Fee for Cross-Border Original Credit Transactions

📘

Effective April 14, 2023

Visa will introduce new C2C fee programs applicable to interregional OCTs destined to select Canada proprietary debit products.

Fee ProgramRate
Proprietary Products Enhanced OCTs (Fast Fund)USD 0.60
Proprietary Products OCTs (Non-Fast Funds)USD 0.29