Clearent Retail 10-17-14merchantbusinessservices.net/downloads/Interchange... · Retail 222 South Central, Suite 700, Clayton, MO 63105 Office: 314.732.0515 v20140924 Fax: 314.721.7300

Interchange GuideRetail Merchants

Retail

222 South Central, Suite 700, Clayton, MO 63105 Office: 314.732.0515 www.clearent.com v20140924 Fax: 314.721.7300

Program Overview The card associations have specific interchange rates and qualification requirements for retail merchants. The interchange rate for any given transaction depends on many factors, including the merchant's industry, whether the transaction was swiped or keyed, whether the consumer was present or not, the type of card used, the amount of the transaction, and various other factors. The purpose of our interchange guide is to help merchants understand why they see certain interchange rates on their statements. This document outlines the most common interchange rates and requirements a retail merchant can expect to qualify for and what downgrades can be expected if the transaction does not meet the industry requirements. MCC Requirements Most MCCs are eligible to receive Retail interchange rates however certain MCCs have an interchange program and requirements specific to their business type, while other MCCs are considered High Risk and are not eligible to participate in reduced interchange programs and automatically qualify at EIRF.

Ineligible – Has Specific Interchange Rates & Requirements Ineligible - High Risk MCCs • Supermarket – 5411 • Service Stations – 5541 • Direct Marketing – Travel Related – 5962 • Direct Marketing – Telemarketing

Outbound – 5966 • Restaurant – 5812 • Fast Food – 5814 • Direct Marketing – Telemarketing

Inbound – 5967

Enahnced Data Requirements Consumer Cards: The card associations do not require enhanced data in order to qualfy for consumer interchange rates Commercial Cards: The Visa and MasterCard associations do require enhanced data in order to qualify for Large Ticket, Level 3/Data Rate III, and Level 2/Data Rate II interchange rates. Currently Discover supports a Large Ticket interchange rate, but does not require enhanced data in order to qualify. Visa Commercial:

• Merchants attempting to qualify for Large Ticket must provide the following data: o Level 2 and Level 3 data (See Visa Commercial program requirements sections for list of data fields) o Transcation Amount must be $6980 or greater, transactions below $6980 will qualify at Level 3, which is best interchange for the transaction amount o Tax exempt merchants are eligible to qualify for the Large Ticket interchange rate

• Merchants attempting to qualify for Level 3 must provide the following data: o Level 2 and Level 3 data (See Visa Commercial program requirements sections for list of data fields) o Tax exempt merchants are eligible to qualify for Level 3 interchange rate

• Merchants attempting to qualify for Level 3 must provide the following data o Level 2 data (See Visa Commercial program requirements sections for list of data fields) o Tax exempt merchants are NOT eligible to qualify for Level 2 interchange rate

Retail


MasterCard Commercial: • Merchants attempting to qualify for Large Ticket must provide the following data:

o Level 2 and Level 3 data (See MC Commercial program requirements sections for list of data fields) o Transaction amounts must meet the minimum transaction amonts in order to qualify for Large Ticket, transactions below the minimum amounts will qualify at Data Rate III which is best

interhcnage for the transaction amount. Large Ticket 1 = $7,255-$24,999 Large Ticket 2 = $25,000-$99,999 Large Ticket 3 = $100,000 and up

• Merchants attempting to qulify for Data Rate III must provide the following data: o Level 2 and Level 3 data (See MC Commercial program requirements sections for list of data fields) o Tax exempt merchants are eligble to qualify for Data Rate III interchange

• Merchants attempting to quailfy for Data Rate II must provide the following data: o Level 2 and Level 3 data (See MC Commercial program requirements sections for list of data fields) o Tax exempt merchants are NOT eligible to qualify for Data Rate II interchange rate

Point of Sale Devices (TSYS Class A) Due to the enhanced industry data requirements, only certain POS terminals and POS software are certified to support Retail merchants, below are the recommended Retail Class A terminals.

• Hypercom T4205 • VeriFone Omni VX510LE • Hypercom T4220 • VeriFone Omni VX 510 Dual • Hypercom T7Plus • VeriFone Omni VX 570 Dual • Nurit 2085 • VeriFone VX670 GPRS • Nurit 8020 GPRS

Retail


Eligible Interchange Programs and Rates

Visa Consumer Interchange Program Credit Debit Prepaid Infinite CPS Retail 1.51% + $0.10 0.80% + $0.15 1.15% + $0.15 2.10% + $0.10 CPS Retail Key Entry 1.80% + $0.10 1.65% + $0.15 1.75% + $0.20 N/A CPS Card Not Present 1.80% + $0.10 1.65% + $0.15 1.75% + $0.20 2.40% + $0.10 CPS E-Commerce Preferred - Retail 1.80% + $0.10 1.65% + $0.15 1.75% + $0.20 N/A CPS E-Commerce Basic 1.80% + $0.10 1.65% + $0.15 1.75% + $0.20 N/A CPS Small Ticket 1.65% + $0.04 1.55% + $0.04 1.60% + $0.05 N/A Rewards 1 1.65% + $0.04 N/A N/A N/A Rewards 2 1.95% + $0.10 N/A N/A N/A Signature Preferred Retail 2.10% + $0.10 N/A N/A N/A Signature Preferred Card Not Present 2.40% + $0.10 N/A N/A N/A Signature Preferred Business to Business 2.10% + $0.10 N/A N/A N/A Signature Preferred Standard 2.95% + $0.10 N/A N/A N/A EIRF 2.30% + $0.10 1.75% + $0.20 1.80% + $0.20 2.40% + $0.10 Standard 2.70% + $0.10 1.90% + $0.25 1.90% + $0.25 2.95% + $0.10

Visa Commercial Interchange Program Business Business Debit Corporate Purchasing Prepaid Large Ticket N/A N/A N/A 1.45% + $35.00 1.45% + $35 Level 3 N/A N/A 1.85% + $0.10 1.85% + $0.10 N/A Level 2 2.05% + $0.10 N/A 2.05% + $0.10 2.05% + $0.10 2.05% + $0.10 Retail 2.20% + $0.10 2.15% + $0.10 2.50% + $0.10 2.50% + $0.10 2.15% + $0.10 Business to Business 2.10% + $0.10 N/A 2.55% + $0.10 2.55% + $0.10 2.10% + $0.10 Card Not Present 2.25% + $0.10 2.65% + $0.10 2.65% + $0.10 2.65% + $0.10 2.65% + $0.10 Electronic/Electronic w Data 2.40% + $0.10 N/A 2.95% + $0.10 2.95% + $0.10 2.40% + $0.10 Standard 2.95% + $0.20 2.95% + $0.10 2.95% + $0.10 2.95% + $0.10 2.95% + $0.10

MasterCard Consumer Interchange Program Core Enhanced Value World World High Value World Elite Debit Rate Prepaid Rate Merit III 1.58% + $0.10 1.73% + $0.10 1.77% + $0.10 2.20% + $0.10 2.20% + $0.10 1.05% + $0.15 1.05% + $0.15 Key Entered 1.89% + $0.10 2.04% + $0.10 2.05% + $0.10 2.50% + $0.10 2.50% + $0.10 1.60% + $0.15 1.76% + $0.20 Small Ticket N/A N/A N/A N/A N/A 1.55% + $0.04 1.55% + $0.04 Convenience Purchase 1.90% + $0.00 1.90% + $0.00 2.00% + $0.00 2.00% + $0.00 2.00% + $0.00 N/A N/A Merchant UCAF 1.58% + $0.10 1.73% + $0.10 1.77% + $0.10 2.20% + $0.10 2.20% + $0.10 1.05% + $0.15 1.05% + $0.15 Full UCAF 1.68% + $0.10 1.83% + $0.10 1.87% + $0.10 2.30% + $0.10 2.30% + $0.10 1.15% + $0.15 1.15% + $0.15 Merit I 1.89% + $0.10 2.04% + $0.10 2.05% + $0.10 2.50% + $0.10 2.50% + $0.10 1.60% + $0.15 1.76% + $0.20 Standard 2.95% + $0.10 2.95% + $0.10 2.95% + $0.10 3.25% + $0.10 3.25% + $0.10 1.90% + $0.25 1.90% + $0.25

Retail


MasterCard Commercial

Interchange Program Business Level 1/Business Core

Large Market Business Debit Business Level 2/Business World

Business Level 3/Business World Elite

Business Level 4

Large Ticket III 1.20% + $40.00 1.15% + $80.00 1.25% + $40.00 1.36% + $40.00 1.41% + $40.00 1.51% + $40.00 Large Ticket II 1.20% + $40.00 1.20% + $60.00 1.25% + $40.00 1.36% + $40.00 1.41% + $40.00 1.51% + $40.00 Large Ticket I 1.20% + $40.00 1.25% + $40.00 1.25% + $40.00 1.36% + $40.00 1.41% + $40.00 1.51% + $40.00 Data Rate III 1.75% + $0.10 1.80% + $0.10 1.80% + $0.10 1.96% + $0.10 1.96% + $0.10 2.06% + $0.10 Face to Face 2.00% + $0.10 2.50% + $0.10 2.20% + $0.10 2.16% + $0.10 2.21% + $0.10 2.31% + $0.10 Data Rate II 2.00% + $0.10 2.50% + $0.10 2.20% + $0.10 2.16% + $0.10 2.21% + $0.10 2.31% + $0.10 Data Rate I 2.65% + $0.10 2.65% + $0.10 2.65% + $0.10 2.81% + $0.10 2.86% + $0.10 2.96% + $0.10 Standard 2.95% + $0.10 2.95% + $0.10 2.95% + $0.10 3.11% + $0.10 3.16% + $0.10 3.26% + $0.10

Discover Consumer Interchange Program Core Rewards Premium Premium Plus Debit Rate Prepaid Rate PSL – Retail 1.56% + $0.10 1.71% + $0.10 1.71% + $0.10 2.10% + $0.10 1.02% + $0.16 1.10% + $0.16 Key Entry 1.87% + $0.10 1.97% + $0.10 2.00% + $0.10 2.15% + $0.10 1.62% + %0.16 1.75% + $0.16 PSL – Card Not Present/E-Commerce 1.87% + $0.10 1.97% + $0.10 2.00% + $0.10 2.35% + $0.10 1.62% + %0.16 1.75% + $0.20 PSL – Express Services 1.95% + $0.00 1.95% + $0.00 1.95% + $0.00 2.05% + $0.00 1.80% + %0.00 1.80% + %0.00 Mid Submission Level 2.40% + $0.10 2.40% + $0.10 2.40% + $0.10 2.40% + $0.10 1.72% + $0.20 1.72% + $0.20 Base Submission Level 2.95% + $0.10 2.95% + $0.10 2.95% + $0.10 2.95% + $0.10 1.89% + $0.25 1.89% + %0.25

Discover Commercial Interchange Program Core Debit Rate Prepaid Rate Large Ticket 0.90% + $20.00 0.90% + $20.00 0.90% + $20.00 Electronic – Commercial 2.30% + $0.10 2.30% + $0.10 2.30% + $0.10 Base Submission Level (BSL) – Commercial 2.95% + %0.10 2.95% + %0.10 2.95% + $0.10

Regulated Debit (All Card Types) Interchange Program Debit Prepaid Interchange Program Debit Rate Prepaid Rate Regulated Debit 0.05% + $0.21 0.05% + $0.21 Regulated Debit w/Fraud 0.05% + $0.22 0.05% + $0.22

Retail


Visa Consumer Program Requirements

CPS Retail Qualification Requirements Next Best Program

• Transaction must take place in a card present environment and is swiped • If transaction is keyed and card is present Retail Key Entry • If transaction is keyed and card is not present CPS Card Not Present

• The following MCCs are not eligible for CPS Retail: o 5411 – Supermarket o 5541 – Service Stations o 5812 – Restaurant o 5814 – Fast Food o 5962 – Direct Marketing-Travel Related o 5966 – Direct Marketing-Telemarketing Outbound o 5967 – Direct Marketing-Telemarketing Inbound

• If MCC is one of the listed MCCs refer to the following Interchange Programs o 5411 – CPS Supermarket o 5541 – CPS Service Station o 5812 – CPS Restaurant o 5814 – CPS Restaurant o 5962 – EIRF o 5966 – EIRF o 5967 – EIRF

• Transaction must clear in 2 days • If transaction clears in 3 days EIRF • If transaction clears in 4+ days Standard

• Debit: Name and location must be included in the authorization request • If name and location data is missing EIRF • Debit: Authorization amount must match clearing amount exactly for all transactions except

for the following MCCs allow 20% amount tolerance on all transactions: o 4121 – Taxicabs and Limousines o 5813 – Drinking Places (Alcoholic Beverages) o 7230 – Beauty and Barber Salons o 7298 – Health and Beauty Spas

• If transaction amount exceeds the authorization amount is not one of the listed MCC’s or MCC is listed and exceeds 20% EIRF

CPS Retail Key Entry

Qualification Requirements Next Best Program • Transaction must take place in a card present environment and is keyed due to failure in

reading magnetic stripe • If transaction is Swiped CPS Retail • If transaction is keyed and card is not present CPS Card Not Present

• Address Verification Service (AVS) must be requested in the authorization resulting in a Zip Code Match, retry, or unsupported AVS result:

o Valid AVS Response Codes: B, C, D, G, I, M, P, R, S, U, W, X, Y, Z

• If AVS is not performed or response is not a zip code match, retry, or unsupported AVS result EIRF

• The following MCCs are not eligible for CPS Retail: o 5542 – Automated Fuel Dispenser o 5960 – Direct Marketing-Insurance o 5962 – Direct Marketing-Travel Related o 5964-5969 – Direct Marketing

• If MCC is one of the listed MCCs refer to the following Interchange Programs o 5542 – CPS Automated Fuel Dispenser o 5960 – EIRF o 5962 – EIRF o 5964-5969 – EIRF


Retail


CPS Card Not Present Qualification Requirements Next Best Program

• Transaction must take place in a card not present environment and is keyed • If transaction is keyed and card is present Retail Key Entry • If transaction is swiped CPS Retail

• Address Verification Service (AVS) must be requested on the auth; a match is not required o AVS is not required for non-bill payment transactions utilizing a Health Care,

Select Developing Market or Utility MCC o Must have software or terminal to support AVS Optional Requirements:

Utility/Health Care - Authorization Characteristic Indicator (ACI) must be R in request and R in response

Select Developing Markets – Authorization Characteristic Indicator (ACI) must be a Y in request and V in response

• If AVS is not performed EIRF

• Transaction must clear in 2 days o Purchase date, which is the ship date must be within 7-days of the authorization

request

• If transaction clears in 3 days EIRF • If transaction clears in 4+ days Standard

• Customer Service Phone number, URL, or e-mail address must be transmitted in the transaction

• If not transmitted in the transaction EIRF

• Total Authorized amount is required in the transaction o 1 authorization per clearing transaction is allowed o One reversal is permitted to make total auth amount equal to the clearing amount

• If missing or not matching EIRF

• Transaction Order Number must be transmitted in the transaction • If missing Order Number EIRF

CPS E-Commerce Preferred - Retail Qualification Requirements Next Best Program

• Transaction must take place in a secure internet environment utilizing Verified by Visa. o An “authenticated” transaction occurs when the merchant, acquirer, issuer, and

cardholder participate in Verified by Visa and the issuer provided an “authenticated transaction” to the merchant

o An “attempt” transaction occurs when the merchant and the acquirer participate in Verified by Visa and the merchant participate in Verified by Visa and the merchant receives an “attempt” response from the issuer or Visa on the issuers behalf

• If not utilizing Verified by Visa CPS E-Commerce Basic • If not an internet environment and card is not present CPS Card Not Present

• Card is not present • If card is present and swiped CPS Retail • If card is present and keyed CPS Retail Key Entry

• Signature is not required • If signature is obtained No downgrade • Must have valid 3-D secure fields present in the authorization

o CAVV o MOTO/ECPI

• If 3-D secure fields are not present in the authorization EIRF

• Transaction Order Number must be transmitted in the transaction • If missing Order Number EIRF • Total Authorized amount is required in the transaction

o 1 authorization per clearing transaction is allowed o One reversal is permitted to make total auth amount equal to the clearing amount





Select Developing Market or Utility MCC


Retail


CPS E-Commerce Basic Qualification Requirements Next Best Program

• Transaction must take place in a secure internet environment • If not an internet environment and card is not present CPS Card Not Present • Card is not present • If card is present and swiped CPS Retail

• If card is present and keyed CPS Retail Key Entry • Signature is not required • If signature is obtained No Downgrade • Transaction Order Number must be transmitted in the transaction • If missing Order Number EIRF • Total Authorized amount is required in the transaction

o 1 authorization per clearing transaction is allowed o One reversal is permitted to make total auth amount equal to the clearing amount





Select Developing Market or Utility MCC


CPS Small Ticket

Qualification Requirements Next Best Program • Transaction must take place in a card present environment and is swiped • If transaction is keyed and card is present Retail Key Entry

• If transaction is keyed and card is not present CPS Card Not Present • All MCCs are eligible for CPS Small Ticket, except for the following excluded MCCs:

o 4829 – Wire Transfer Money Orders o 5542 – Automated Fuel Dispensers o 5960 – Direct Marketing-Insurance Services o 5962 – Direct Marketing-Travel Related Arrangement Services o 5964 – Direct Marketing-Catalog Merchants o 5965 – Direct Marketing-Combination Catalog and Retail Merchants o 5966 – Direct Marketing-Outbound Telemarketing o 5967 – Direct Marketing-Inbound Telemarketing o 5968 – Continuity/Subscription Merchants o 5969 – Direct Marketing/Direct Marketers (not elsewhere classified) o 6010 – Financial Institution-Manual Cash Disbursements o 6011 – Financial Institution-Automated Cash Disbursements o 6012 – Financial Institution-Merchandise and Services o 7995 – Gambling o 9405 – Intra-Government Purchases-Government Only o 9700 – International Automated Referral Services (for Visa use only) o 9701 – Visa Credential Server (for Visa use only) o 9702 – GCAS Emergency Services (for Visa use only) o 9950 – Intra-Company Purchases

• If MCC is one of the listed MCCs refer to the following Interchange Programs o 4829 – Fast Funds o 5542 – CPS Automated Fuel Dispenser o 5960 – EIRF o 5962 – EIRF o 5964 – EIRF o 5965 – EIRF o 5966 – EIRF o 5967 – EIRF o 5968 – EIRF o 5969 – EIRF o 6010 – Cash Advance o 6011 – ATM o 6012 – Fast Funds o 7995 – Gambling o 9405 – N/A o 9700 – N/A o 9701 – N/A o 9702 – N/A o 9950 – N/A


• Signature is not required • If signature is obtained No Downgrade • Name and location must be included in the authorization and clearing records • If name and location data is missing EIRF • Transaction amount must be less than $15 • If transaction amount exceeds $15 CPS Retail

Retail


Rewards 1 Qualification Requirements Next Best Program

• Transaction must be performed on a Visa Rewards card • If transaction is performed on a Consumer Card CPS Retail • If transaction is performed on a Commercial Credit Card Commercial Level 2 or

Commercial Retail • Transaction must meet CPS Retail requirements • If transaction does not meet CPS Retail requirements EIRF or Standard

Rewards 2

Qualification Requirements Next Best Program • Transaction must be performed on a Visa Rewards card • If transaction is performed on a Consumer Card CPS Retail Key Entry, CPS Card Not

Present, CPS E-Commerce Basic • If transaction is performed on a Commercial Credit Card Commercial Level 2,

Commercial Card Not Present, Commercial Business to Business • Transaction must meet requirements for one of the following programs:

o CPS Retail – Card Not Present o CPS E-Commerce Basic o CPS Retail Key Entry

• If transaction does not meet one of the program requirements EIRF or Standard

Signature Preferred Retail

Qualification Requirements Next Best Program • Transaction must be performed on a Signature Preferred Card • If transaction is performed on a Consumer Card CPS Retail

• If transaction is performed on a Commercial Credit Card Commercial Level 2, Commercial Card Not Present, Commercial Business to Business

• Transaction must meet requirements for CPS Retail, CPS Retail Key Entry or CPS Small Ticket

• If transaction does not meet CPS Retail, CPS Retail Key Entry or CPS Small Ticket Signature Preferred Standard

Signature Preferred Card Not Present

Qualification Requirements Next Best Program • Transaction must be performed on a Signature Preferred Card • If transaction is performed on a Consumer Card CPS Retail

• If transaction is performed on a Commercial Credit Card Commercial Level 2, Commercial Card Not Present, Commercial Business to Business

• Transaction must meet requirements for CPS Card Not Present or CPS E-Commerce Basic/Preferred

• If transaction does not meet CPS Card Not Present or CPS E-Commerce Basic/Preferred Signature Preferred Standard

Retail


Signature Preferred Business to Business Qualification Requirements Next Best Program

• Transaction must be performed on a Signature Preferred Card • If transaction is performed on a Consumer Card CPS Retail • If transaction is performed on a Commercial Credit Card Commercial Level 2,

Commercial Card Not Present, Commercial Business to Business • Transaction must meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS Small

Ticket, CPS Card Not Present, CPS E-Commerce Basic/Preferred

• If transaction does not meet CPS Retail, CPS Retail Key Entry, CPS Small Ticket, CPS Card Not Present, CPS E-Commerce Basic/Preferred Signature Preferred Standard

• MCC must be classified as a Business to Business MCC: o 0780 – Landscaping and Horticultural Services o 1799 – Special Trade Contractors (not elsewhere classified) o 2741 – Miscellaneous Publishing and Printing o 2791 – Typesetting, Plate Making and Related Services o 2842 – Specialty Cleaning, Polishing, and Sanitation Preparations o 4214 – Motor Freight Carriers and Trucking o 5021 – Office and Commercial Furniture o 5039 – Construction Materials (not elsewhere classified) o 5044 – Photographic, Photocopy, Microfilm Equipment and Software o 5046 – Commercial Equipment (not elsewhere classified) o 5047 – Medical, dental, Ophthalmic and Hospital Equipment and Supplies o 5051 – Metal Service Centers and Offices o 5065 – Electrical Parts and Equipment o 5074 – Plumbing and Heating Equipment and Supplies o 5085 – Industrial Supplies (not elsewhere classified) o 5099 – Durable Goods (not elsewhere classified) o 5131 – Piece Goods, Notions, and Other Dry Goods o 5137 – Men’s, Women’s, and Children’s Uniforms and Commercial Clothing o 5139 – Commercial Footwear o 5169 – Chemicals and Allies Products (not elsewhere classified) o 5192 – Books, Periodicals, and Newspapers o 5193 – Florist Supplies, Nursery Stock and Flowers o 5198 – Paints, Vanishes, and Supplies o 5199 – Nondurable Goods (not elsewhere classified) o 6300 – Insurance Sales, Underwriting, and Premiums o 7311 – Advertising Services o 7333 – Commercial Photography, Art, and Graphics o 7349 – Cleaning, Maintenance, and Janitorial Services o 7361 – Employment Agencies and Temporary Help Services o 7372 – Computer Programming, Data Processing, and Integrated Systems Design Services o 7375 – Information Retrieval Services o 7379 – Computer Maintenance, Repair and Services (not elsewhere classified) o 7392 – Management, Consulting, and Public Relations Services o 7399 – Business Services (not elsewhere classified) o 7829 – Motion Picture and Video Tape Production and Distribution o 8734 – Testing Laboratories (Non-Medical Testing) o 8931 – Accounting, Auditing, and Bookkeeping Services o 8999 – Professional Services (not elsewhere classified)

• If MCC is not one of the listed MCCs Signature Preferred Retail or Signature Preferred Card Not Present

Retail


Signature Preferred Standard

Qualification Requirements Next Best Program • Transaction must be performed on a Signature Preferred Card • If transaction is performed on a Consumer Card EIRF; Standard

• If transaction is performed on a Commercial Credit Card Corporate/Purchasing /Business Standard

• If transaction is performed on a Business Debit Card Business Standard – Debit • Transaction does not meet requirements for CPS Retail, CPS Retail Key Entry, CPS Small

Ticket, CPS Card Not Present, CPS E-Commerce Basic/Preferred • If transaction meets requirements for CPS Retail, CPS Retail Key Entry, CPS Small Ticket,

CPS Card Not Present, CPS E-Commerce Basic/Preferred Signature Preferred Retail, Signature Preferred Card Not Present, Signature Preferred Business to Business

EIRF

Qualification Requirements Next Best Program • Transaction does not meet requirements for CPS Retail, CPS Retail Key Entry, CPS Small

Ticket, CPS Card Not Present, CPS E-Commerce Basic/Preferred, Rewards 1, or Rewards 2

• If transaction meets requirement CPS Retail, CPS Retail Key Entry, CPS Small Ticket, CPS Card Not Present, CPS E-Commerce Basic/Preferred, Rewards 1, or Rewards 2

• Transaction is cleared in 3 days • If transaction clears in 4+ days Standard

Standard

Qualification Requirements Next Best Program • Transaction is cleared in 4+ days • If transaction is cleared in 2 days CPS Retail, CPS Retail Key Entry, CPS Small Ticket,

CPS Card Not Present, CPS E-Commerce Basic/Preferred, Rewards 1, or Rewards 2 • If transactions is cleared in 3 days EIRF

Retail


Visa Commerical Program Requirements

Level 2 & Level 3 Data Requirements Level 2 Level 3

• Local Tax Included –1=Tax, 2=Tax Exempt • Local Tax Amount:

o Local Tax Included = 1: 0.1%-22% of transaction amount o Local Tax Included = 2: value must be zero

• Customer Code: Cannot be blank – is provided by the customer

• Data Summary Fields o Discount Amount o Freight/Shipping Amount o Duty Amount

• Line Item Detail Fields o Item Commodity code o Item Description o Item Quantity o Item Product Code o Item Unit Cost o Item Unity Measure o Discount Per Line Item o Item Total o Line Item Detail Indicator (0 or 1)

Purchasing Large Ticket

Qualification Requirements Next Best Program • Transaction must be performed on a Visa Purchasing Card • If transaction is performed on a Visa Business Card Business Level 2, Business Retail,

Business Card Not Present, Business Business to Business • If transaction is performed on a Visa Corporate Card Corporate Level 3, Corporate Level

2, Corporate Retail, Corporate Card Not Present, Corporate Business to Business • Level 2 Data is required • If Level 2 Data is not provided Purchasing Retail, Purchasing Card Not Present,

Purchasing Business to Business • Level 3 Data is required • If Level 3 Data is not provided Purchasing Level 2, Purchasing Retail, Purchasing Card

Not Present, Purchasing Business to Business • Transaction amount is $6980.00 or greater • If less than $6980 Purchasing Level 3 • Transaction is cleared in 8 or less days • If cleared in 9+ days Purchasing Standard • Transaction must meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS Card

Not Present, CPS E-Commerce Basic/Preferred • If transaction does not meet CPS requirements Purchasing Electronic or Purchasing

Standard • AVS is not required on key entered transactions • If AVS is entered No downgrade

Purchasing/Corporate Level 3

Qualification Requirements Next Best Program • Transaction must be performed on a Visa Purchasing or Visa Corporate Card • If transaction is performed on a Visa Business Card Business Level 2, Business Retail,

Business Card Not Present, Business Business to Business • Level 2 Data is required • If Level 2 Data is not provided Purchasing Retail, Purchasing Card Not Present,

Purchasing Business to Business • Level 3 Data is required • If Level 3 Data is not provided Purchasing Level 2, Purchasing Retail, Purchasing Card

Not Present, Purchasing Business to Business • Transaction must meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS Card

Not Present, CPS E-Commerce Basic/Preferred, • If transaction does not meet CPS requirements Purchasing Electronic or Purchasing

Standard • AVS is not required on key entered transactions • If AVS is entered No downgrade

Retail


Commercial Level 2

Qualification Requirements Next Best Program • Transaction must be performed on a Purchasing, Corporate, or Business Card • If transaction is performed on a Consumer Card CPS Retail, CPS Retail Key Entry, CPS

Small Ticket, CPS Card Not Present, CPS E-Commerce Basic/Preferred, Rewards 1, or Rewards 2

• Level 2 Data is required • Tax Exempt (Local Tax Included = 2) transactions are not eligible for Level 2 Interchange

• If Level 2 Data is not provided Commercial Retail, Commercial Card Not Present, Commercial Business to Business

• Purchasing Cards require Customer Code • Corporate and Business Cards do not require Customer Code

• If customer code was not entered on a purchasing card transaction Commercial Standard

• Transaction must meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS Card Not Present, CPS E-Commerce Basic/Preferred

• If transaction does not meet CPS requirements Commercial Electronic or Commercial Standard

• AVS is not required on Purchasing or Corporate key entered transactions • AVS is required on Business Card transactions

o AVS is not required on Business Card transactions that meet CPS Retail Key Entry requirements

• If AVS is entered No downgrade • If AVS is not entered on Business Card transactions Commercial Electronic or

Commercial Standard

Commercial Retail

Qualification Requirements Next Best Program • Transaction must be performed on a Purchasing, Corporate, or Business Card • If transaction is performed on a Consumer Card CPS Retail, CPS Retail Key Entry, CPS

Small Ticket, or Rewards 1 • Level 2 and Level 3 Data is not required • If Level 2 and Level 3 data is entered Commercial Level 2, Purchasing/Corporate Level

3, or Purchasing Large Ticket • Transaction must meet CPS requirements for CPS Retail or CPS Retail Key Entry • If transaction does not meet CPS requirements Commercial Standard • AVS is not required on Purchasing or Corporate key entered transactions • AVS is required on Business Card transactions


• If AVS is entered No downgrade • If AVS is not entered on Business Card transactions Commercial Standard

Commercial Card Not Present

Qualification Requirements Next Best Program • Transaction must be performed on a Purchasing, Corporate, or Business Card • If transaction is performed on a Consumer Card CPS Card Not Present, CPS E-

Commerce Basic/Preferred, or Rewards 2 • Level 2 and Level 3 Data is not required • If Level 2 and Level 3 data is entered Commercial Level 2, Purchasing/Corporate Level

3, or Purchasing Large Ticket • Transaction must meet CPS requirements for CPS Card Not Present, or CPS E-Commerce

Basic/Preferred • If transaction does not meet CPS requirements Commercial Standard




Retail


Commercial Business to Business


Commerce Basic/Preferred, or Rewards 2 • Level 2 and Level 3 Data is not required • If Level 2 and Level 3 data is entered Commercial Level 2, Purchasing/Corporate Level

3, or Purchasing Large Ticket • Transaction must meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS Card

Not Present, or CPS E-Commerce Basic/Preferred • If transaction does not meet CPS requirements Commercial Standard




• MCC must be classified as a Business to Business MCC: o 0780 – Landscaping and Horticultural Services o 1799 – Special Trade Contractors (not elsewhere classified) o 2741 – Miscellaneous Publishing and Printing o 2791 – Typesetting, Plate Making and Related Services o 2842 – Specialty Cleaning, Polishing, and Sanitation Preparations o 4214 – Motor Freight Carriers and Trucking o 5021 – Office and Commercial Furniture o 5039 – Construction Materials (not elsewhere classified) o 5044 – Photographic, Photocopy, Microfilm Equipment and Software o 5046 – Commercial Equipment (not elsewhere classified) o 5047 – Medical, dental, Ophthalmic and Hospital Equipment and Supplies o 5051 – Metal Service Centers and Offices o 5065 – Electrical Parts and Equipment o 5074 – Plumbing and Heating Equipment and Supplies o 5085 – Industrial Supplies (not elsewhere classified) o 5099 – Durable Goods (not elsewhere classified) o 5131 – Piece Goods, Notions, and Other Dry Goods o 5137 – Men’s, Women’s, and Children’s Uniforms and Commercial Clothing o 5139 – Commercial Footwear o 5169 – Chemicals and Allies Products (not elsewhere classified) o 5192 – Books, Periodicals, and Newspapers o 5193 – Florist Supplies, Nursery Stock and Flowers o 5198 – Paints, Vanishes, and Supplies o 5199 – Nondurable Goods (not elsewhere classified) o 6300 – Insurance Sales, Underwriting, and Premiums o 7311 – Advertising Services o 7333 – Commercial Photography, Art, and Graphics o 7349 – Cleaning, Maintenance, and Janitorial Services o 7361 – Employment Agencies and Temporary Help Services o 7372 – Computer Programming, Data Processing, and Integrated Systems Design Services o 7375 – Information Retrieval Services o 7379 – Computer Maintenance, Repair and Services (not elsewhere classified) o 7392 – Management, Consulting, and Public Relations Services o 7399 – Business Services (not elsewhere classified) o 7829 – Motion Picture and Video Tape Production and Distribution o 8734 – Testing Laboratories (Non-Medical Testing) o 8931 – Accounting, Auditing, and Bookkeeping Services o 8999 – Professional Services (not elsewhere classified)

• If MCC is not one of the listed MCCs Commercial Retail or Commercial Card Not Present

Retail


Commercial Electronic w/Data Qualification Requirements Next Best Program

• Transaction must be performed on a Purchasing, Corporate, or Business Card • If transaction is performed on a Consumer Card CPS Card Not Present, CPS E-Commerce Basic/Preferred, or Rewards 2

• Level 2 Data is required • If Level 2 data is not entered Commercial Standard • Transaction does not meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS

Card Not Present, or CPS E-Commerce Basic/Preferred • If transaction does meet CPS requirements and Level 2 was entered Commercial Level 2 • If transaction does meet CPS requirements and Level 2 was not entered Commercial

Retail, Commercial Card Not Present, or Commercial Business to Business •

Commercial Standard


Commerce Basic/Preferred, or Rewards 2 • Level 2 Data is not required • If Level 2 data is not entered Level 2 • Transaction does not meet CPS requirements for CPS Retail, CPS Retail Key Entry, CPS

Card Not Present, or CPS E-Commerce Basic/Preferred • If transaction does meet CPS requirements and Level 2 was not entered Commercial

Retail, Commercial Card Not Present, or Commercial Business to Business • If transaction does meet CPS requirements and Level 2 was entered Commercial Level 2

Retail


MasterCard Consumer Program Requirements

Merit III Qualification Requirements Next Best Program

• Transaction must take place in a card present environment and is swiped • If transaction is keyed and card is present Key Entered • If transaction is keyed and card is not present Merit I

• The following MCCs are not eligible for Merit III: o 5541 – Service Stations o 5542 – Automated Fuel Dispenser o 4900 – Utilities o 3351-3500, 7512, 7513, or 7519 – Vehicle Rental o 3501-3999 or 7011 – Lodging

• If MCC is one of the listed MCCs refer to the following Interchange Programs o 5541 – Petroleum o 5542 – Petroleum o 4900 – Utilities o 3351-3500, 7512, 7513, or 7519 – Vehicle Rental o 3501-3999 or 7011 – Lodging

• Transaction must clear in 2 days • If transaction clears in 3 days Merit I • If transaction clears in 4+days Standard

• Transaction must contain a valid Banknet Reference Number o Banknet Date must contain a valid date in the format MMDD

• If Banknet Reference Number is missing or contains invalid data Standard

• Permitted variance between authorization and clearing amount: o Taxicabs and Limousines = N/A o Beauty Salons = 25% o All other merchants = 10%

• If transaction amount exceeds amount tolerance limits Standard

Key Entered

Qualification Requirements Next Best Program • Transaction must take place in a card present environment and is keyed • If transaction is swiped Merit III

• If transaction is keyed and card is not present Merit I • The following MCCs are not eligible for Merit III:

o 5541 – Service Stations o 5542 – Automated Fuel Dispenser o 4900 – Utilities o 3351-3500, 7512, 7513, or 7519 – Vehicle Rental o 3501-3999 or 7011 – Lodging

• If MCC is one of the listed MCCs refer to the following Interchange Programs o 5541 – Petroleum o 5542 – Petroleum o 4900 – Utilities o 3351-3500, 7512, 7513, or 7519 – Vehicle Rental o 3501-3999 or 7011 – Lodging




• Permitted variance between authorization and clearing amount: o All other merchants = 10%


.

Retail


Small Ticket Qualification Requirements Next Best Program

• Transaction must be swiped debit card o Consumer cards are not eligible for Small Ticket

• If transaction is keyed and card is present Key Entered • If transaction is keyed and card is not present Merit I

• The following MCCs are eligible for Small Ticket: o 4111 – Commuter Transport o 4121 – Limousines and Taxicabs o 4131 – Bus Lines o 4784 – Bridge and Road Fees, Toll o 5331 – Variety Stores o 5499 – Miscellaneous Food Stores o 5812 – Eating Places, Restaurants o 5814 – Fast Food Restaurants o 5994 – News Dealers and Newsstands o 7211 – Laundry Services o 7216 – Dry Cleaners o 7338 – Quick Copy, Reproduction, and Blueprinting Services o 7523 – Parking Lots and Garages o 7542 – Car Washes o 7832 – Motion Picture Theaters o 7841 – Video Entertainment Rental Stores o 9402 – Postal Services – Government Only

• If is not one of the listed MCCs Merit III

• Transaction must be $15 or less • If transaction exceeds $15 Merit III • Transaction must clear in 2 days • If transaction clears in 3 days Merit I

• If transaction clears in 4+days Standard • Transaction must contain a valid Banknet Reference Number

o Banknet Date must contain a valid date in the format MMDD • If Banknet Reference Number is missing or contains invalid data Standard

• Permitted variance between authorization and clearing amount: o 4121 – Limousines and Taxi Cabs = Exempt o All other merchants = 10%


Convenience Purchases

Qualification Requirements Next Best Program • Transaction must be swiped • If transaction is keyed and card is present Key Entered

• If transaction is keyed and card is not present Merit I • The following MCCs are eligible for Convenience Purchases:

o 4121 – Limousines and Taxicabs o 5331 – Variety Stores o 5814 – Fast Food Restaurants o 5499 – Miscellaneous Food Stores o 7832 – Motion Picture Theaters

• If MCC is not one of the listed MCCs Merit III




• Permitted variance between authorization and clearing amount: o 4121 – Limousines and Taxicabs, 5814 – Fast Food Restaurants = Exempt o All other MCCs 10%


Retail


Merchant UCAF

Qualification Requirements Next Best Program • Transaction must take place in a secure internet environment where UCAF is enabled by

the merchant • If not an internet environment and card is not present Merit I

• Card is not present • If card is present keyed or swiped Merit III or Key Entered • Transaction must clear in 2 days • If transaction is cleared in (3 days) Merit I (4 days) Standard • Transaction must contain a valid Banknet Reference Number


• Permitted variance between authorization and clearing amount = Exempt • If authorization amount does not match clearing amount No downgrade

Full UCAF Qualification Requirements Next Best Program

• Transaction must take place in a secure internet environment where UCAF is enabled by the merchant and the cardholder is authenticated by the issuer

• If not an internet environment and card is not present Merit I • If transaction is not authenticated by the issuer Merchant UCAF

• Card is not present • If card is present keyed or swiped Merit III or Key Entered • Transaction must clear in 2 days • If transaction is cleared in (3 days) Merit I (4 days) Standard • Transaction must contain a valid Banknet Reference Number



Merit I Qualification Requirements Next Best Program

• Transaction must clear in 3 days • If transaction is cleared in 4 day Standard • Card is not present • If card is present or swiped Merit III or Key Entered • Transaction must contain a valid Banknet Reference Number



Standard Qualification Requirements Next Best Program

• Transaction is cleared in 4+ days • If transaction is cleared in 3 days Merit I • If transaction is cleared in 2 days Merit III, Key Entered, Small Ticket, Convenience

Purchase, Merchant UCAF or Full UCAF • Transaction does not meet requirements for the following programs:

o Merit III o Key Entered o Small Ticket o Convenience Purchase o Merit I o Merchant UCAF/Full UCAF

• If transactions meets requirements Merit III, Key Entered, Small Ticket, Convenience Purchase, Merit I, Merchant UCAF or Full UCAF

Retail


MasterCard Commerical Program Requirements

Level 2 & Level 3 Data Requirements Level 2 Level 3

• Local Tax Included –1=Tax, 2=Tax Exempt • Local Tax Amount:

o Local Tax Included = 1: 0.1%-30% of transaction amount o Local Tax Included = 2: value must be zero

• Customer Code: Cannot be blank – is provided by the customer

• Data Summary Fields o Product Code o Item Description o Item Quantity o Item Unit of Measure o Extended Item Amount o Debit or Credit Indicator

Large Ticket

Qualification Requirements Next Best Program • Transaction can be performed in a card present or card not present environment • No downgrade • Transaction amount must be meet minimum transaction amount requirements:

o Large Ticket 1 = $7,255-$24,999 o Large Ticket 2 = $25,000-$99,999 o Large Ticket 3 = $100,000 and up

• If transaction does not meet minimum amount requirements Data Rate III

• Level 2 and Level 3 Data is required o Tax exempt transactions are eligible for Large Ticket

• If transaction does not meet Level 2 or Level 3 data requirements Data Rate I

• Transaction must clear in 2 days o Exempt from Timeliness Edit = Non-Face to Face transaction or E-Commerce

transactions when the 5 e-commerce indicators are present.

• If transaction is cleared in (3 days) Merit I (4 days) Standard



• Permitted variance between authorization and clearing amount: o E-Commerce transactions with 5 e-commerce indicators present = Exempt o All other transactions = 25%

• If authorization amount does not match clearing amount No downgrade

Data Rate III

Qualification Requirements Next Best Program • Transaction can be performed in a card present or card not present environment • No downgrade • Level 2 and Level 3 Data is required

o Tax exempt transactions are eligible for Large Ticket • If transaction does not meet Level 2 or Level 3 data requirements Data Rate I






• Permitted variance between authorization and clearing amount: o E-Commerce transactions with 5 e-commerce indicators present = Exempt o All other transactions = 25%


Retail


Face to Face Qualification Requirements Next Best Program

• Transaction must be swiped • If transaction Keyed Data Rate III • Level 2 data is required

o Tax exempt transactions are eligible for Large Ticket • If transaction does not meet Level 2 data requirements Data Rate I






• Permitted variance between authorization and clearing amount = Exempt


Data Rate II

Qualification Requirements Next Best Program • Transaction must be keyed • If transaction is swiped Face to Face • Level 2 data is required

o Tax exempt transactions are eligible for Large Ticket • If transaction does not meet Level 2 data requirements Data Rate I







Data Rate I Qualification Requirements Next Best Program

• Transaction must be keyed • If transaction Keyed Data Rate III • Level 2 and Level 3 data are not required

• If Level 2 or Level 3 data requirements are met Data Rate II, Face to Face or Data Rate

III • Transaction must clear in 3 days

o Exempt from Timeliness Edit = Non-Face to Face transaction or E-Commerce transactions when the 5 e-commerce indicators are present.

• If transaction is cleared in (4 days) Standard





Retail


Standard Qualification Requirements Next Best Program

• Transaction can be performed in a card present or card not present environment • No downgrade • Level 2 and Level 3 data are not required

• If Level 2 or Level 3 data requirements are met Data Rate II, Face to Face or Data Rate

III • Transaction is cleared in 4 days

o Exempt from Timeliness Edit = Non-Face to Face transaction or E-Commerce transactions when the 5 e-commerce indicators are present.

• If transaction is cleared in (2days) Data Rate II, Face to Face, Data Rate III (3days) Data Rate I



Retail


Discover Consumer Program Requirements

PSL Retail Qualification Requirements Next Best Program

• Transaction must be swiped • If transaction is keyed and card is present Key Entry • If transaction is keyed and card is not present Card Not Present/E-Commerce

• The following MCCs are not eligible for PSL Retail: o 4900 – Utilities o 6513 – Real Estate o 5960, 6300 – Insurance o 5300, 5411 – Supermarkets/Warehouse Clubs o 4899, 5968, 5983, 6533, 8211, 8220, 8299, 8351, 8398 – Emerging Markets o 4784, 9211, 9222, 9223, 9311, 9399, 9405 – Public Services o 5541, 5542 – Petroleum o 5812, 5814 – Restaurants o 3351-3441, 3501-3999, 7011, 7012, 7512, 7513, 7519 – Hotels/Care Rentals o 3000-3299, 4112, 4511 – Passenger Transport o 4829, 6050, 6051, 7995 – Quasi Cash o 5962, 5966, 5977 – High Risk

• If MCC is one of the listed MCCs refer to the appropriate interchange program o Utilities o Real Estate o Insurance o Supermarket/Warehouse Clubs o Emerging Markets o Public Services o Petroleum o Restaurants o Hotel/Car Rentals o Passenger Transport o Mid Submission Level o Base Submission Level

• Transaction must be cleared in 2 days • If transaction is cleared in (3 days) Mid Submission Level (4 days) Base Submission Level

• Permitted variance between authorization and clearing amount: o 4121 – Taxicabs/Limousines = 20% o 7230 – Beauty/Barber Shops = 20% o All other MCCs = 10%

• If authorization amount exceeds amount tolerance Base Submission Level

Key Entry

Qualification Requirements Next Best Program • Transaction must be performed in a card present environment and is keyed • If transaction is swiped PSL Retail

• If transaction is keyed and card is not present Card Not Present/E-Commerce • The following MCCs are not eligible for PSL Retail:

o 4900 – Utilities o 6513 – Real Estate o 5960, 6300 – Insurance o 4899, 5968, 5983, 6533, 8211, 8220, 8299, 8351, 8398 – Emerging Markets o 4784, 9211, 9222, 9223, 9311, 9399, 9405 – Public Services o 5812, 5814 – Restaurants (when Premium or Premium Plus product is used) o 3351-3441, 3501-3999, 7011, 7012, 7512, 7513, 7519 – Hotels/Care Rentals o 3000-3299, 4112, 4511 – Passenger Transport o 4829, 6050, 6051, 7995 – Quasi Cash o 5962, 5966, 5977 – High Risk

• If MCC is one of the listed MCCs refer to the appropriate interchange program o Utilities o Real Estate o Insurance o Emerging Markets o Public Services o Hotel/Car Rentals o Passenger Transport o Mid Submission Level o Base Submission Level




Retail


PSL Card Not Present

Qualification Requirements Next Best Program • Transaction must be performed in a card not present environment and is keyed • If transaction is swiped PSL Retail

• If transaction is keyed and card is present Key Entry • If transaction is keyed and card is not present Card Not Present/E-Commerce

• The following MCCs are not eligible for PSL Retail: o 4900 – Utilities o 6513 – Real Estate o 5960, 6300 – Insurance o 4899, 5968, 5983, 6533, 8211, 8220, 8299, 8351, 8398 – Emerging Markets o 4784, 9211, 9222, 9223, 9311, 9399, 9405 – Public Services o 5812, 5814 – Restaurants (when Premium or Premium Plus product is used) o 3351-3441, 3501-3999, 7011, 7012, 7512, 7513, 7519 – Hotels/Care Rentals o 3000-3299, 4112, 4511 – Passenger Transport o 4829, 6050, 6051, 7995 – Quasi Cash o 5962, 5966, 5977 – High Risk

• If MCC is one of the listed MCC’s refer to the appropriate interchange program o Utilities o Real Estate o Insurance o Emerging Markets o Public Services o Hotel/Car Rentals o Passenger Transport o Mid Submission Level o Base Submission Level

• Address Verification Service (AVS) must be performed • If AVS is not performed Base Submission Level • Transaction must be cleared in 2 days • If transaction is cleared in (3 days) Mid Submission Level (4 days) Base Submission

Level • Permitted variance between authorization and clearing amount = Exempt • If authorization amount exceeds amount tolerance Base Submission Level

PSL Express Services

Qualification Requirements Next Best Program • Transaction must be swiped • If transaction is keyed and card is present Key Entry

• If transaction is keyed and card is not present Card Not Present/E-Commerce • The following MCCs are eligible for PSL Express Services:

o 4111 – Commuter Transport/Ferries o 4121 – Taxicabs/Limousines o 4131 – Transportation/Bus lines o 4784 – Tolls and Bridge Fees o 5499 – Grocery Stores and Supermarkets o 5812 – Eating Places and Restaurants o 5814 – Fast Food o 5994 – News Dealers and Newsstands o 7211 – Laundries – Family and Commercial o 7216 – Dry Cleaners o 7338 – Quick Copy, Reproduction, and Blueprinting Services o 7523 – Parking Lots o 7542 – Car Washes o 7832 – Motion Picture Theaters o 7841 – Video Stores

• If MCC is not one of the listed MCCs PSL Retail

• Transaction amount must be $15 or less o 4121 – Taxicabs/Limousines = $25 or less

• If transaction amount exceeds limit PSL Retail




Retail


Mid Submission Level

Qualification Requirements Next Best Program • Transaction can be performed in a card present or card not present environment • No downgrade • The following MCCs are not eligible for Mid Submission Level:

o 5962, 5966, 5967 – High Risk • Premium and Premium Plus cards not eligible for the following MCCs:

o 3351-3441, 3501-3999, 7011, 7012, 7513, 7519 – Hotels/Car Rentals o 3000-3299, 4112, 4511 – Passenger Transport o 5962, 5966, 5967 – High Risk

• If MCC is one of the listed MCCs Base Submission Level • If Premium and Premium Plus at listed MCC Hotels/Car Rentals, Passenger Transport

and Base Submission Level

• Transaction amount must be $15 or less o 4121 – Taxicabs/Limousines = $25 or less

• If transaction amount exceeds limit PSL Retail

• Transaction must be cleared in 3 days o 3000-3299, 4112, 4511 (Passenger Transport) – 8 days

• If transaction is cleared in (4 days) Base Submission Level • If Passenger Transport and cleared in (9 days) Base Submission Level


• If authorization amount exceeds amount tolerance Mid Submission Level or Base Submission Level

Base Submission Level

Qualification Requirements Next Best Program • Transaction can be performed in a card present or card not present environment • No downgrade • Transaction must be cleared in 4+ days • If transaction is cleared in (2 days) PSL Retail, Key Entry, PSL Card Not Present/E-

Commerce, PSL Express Services • If transaction is cleared in (3 days) Mid Submission Level

• Permitted variance between authorization and clearing amount: Exempt • If authorization amount exceeds amount tolerance No downgrade

Retail


Discover Commercial Program Requirements

Large Ticket Qualification Requirements Next Best Program

• Must be Commercial Card • If Consumer PSL Retail, Key Entry, PSL Card Not Present, PSL Express Services • Transaction can be performed in a card present or card not present environment • No downgrade • Transaction amount must be $5,000 or more • If less than $5000 Electronic – Commercial • The following MCCs are eligible for Large Ticket:

o 2741 – Bookbinding Services o 2791 – Plate Making Services o 2842 – Polishing Preparations o 5013 – Supplies – Motor Vehicle Supplies, New Parts o 5021 – Office and Commercial Furniture o 5039 – Construction Materials (Not Elsewhere Classified) o 5044 – Photographic, Photocopy, Microfilm Equipment and Supplies o 5045 – Computers and Computer Peripheral Equipment and Software o 5046 – Commercial Equipment (Not Elsewhere Classified) o 5047 – Medical, Dental, Ophthalmic and Hospital Equipment and Supplies o 5051 – Metal Service Centers and Offices o 5065 – Electrical Parts and Equipment o 5072 – Hardware, Equipment, and Supplies o 5074 – Plumbing and Heating Equipment and Supplies o 5085 – Industrial Supplies (Not Elsewhere Classified) o 5094 – Precious Stones and Metals, Watches and Jewelry o 5099 – Durable Goods (Not Elsewhere Classified) o 5199 – Nondurable Goods (Not Elsewhere Classified) o 5111 – Stationary, Office Supplies, Printing and Writing Paper o 5122 – Drugs, Drug Proprietaries, and Druggist Sundries o 5131 – Piece Goods, Notions, and Other Dry Goods o 5137 – Men’s, Women’s, and Children’s Uniforms and Commercial Clothing o 5139 – Commercial Footwear o 5169 – Chemicals and Allies Products (Not Elsewhere Classified) o 5172 – Petroleum and Petroleum Products o 5192 – Books, Periodicals, and Newspapers o 5193 – Florists Supplies, Nursery Stock and Flowers o 5198 – Paints, Varnishes, and Supplies

• If MCC is not one of the listed eligible MCCs Electronic – Commercial

• Transaction must be cleared in 2 days:

• If transaction is cleared in (3 days) Electronic – Commercial (4 days) Base Submission Level – Commercial

• Permitted variance between authorization and clearing amount = 10%

• If authorization amount exceeds amount tolerance Base Submission Level – Commercial

Retail


Electronic - Commercial

Qualification Requirements Next Best Program • Must be Commercial Card • If Consumer PSL Retail, Key Entry, PSL Card Not Present, PSL Express Services • Transaction can be performed in a card present or card not present environment • No downgrade • Address Verification Services must be performed except on the following MCCs:

o 5960, 6300 – Insurance o 4899, 5968, 5983, 6533, 8211, 8220, 8299, 8351, 8398 – Emerging Markets o 4784, 9211, 9222, 9223, 9311, 9399, 9405 – Public Service o 3351-3441, 3501-3999, 7011, 7012, 7512, 7513, 7519 – Hotels/Car Rentals o 3000-3299, 4112, 4511 – Passenger Transport

• If AVS is not performed and MCC is not one of the listed MCCs Base Submission Level – Commercial

• The following MCCs are not eligible for Electronic-Commercial: o 4900 – Utilities o 5962, 5966, 5967 – High Risk

• If MCC is one of the listed MCCs Base Submission Level – Commercial •

• Transaction must be cleared in 2 days for all MCCs except for the following MCCs: o 4899, 5968, 5983, 6533, 8211, 8220, 8299, 8351, 8398 – Emerging Markets (3

days) o 4784, 9211, 9222, 9223, 9311, 9399, 9405 – Public Services (3 days) o 3000-3299, 4112, 4511 – Passenger Transport (8 days)

• If transaction is cleared in (3 days) Base Submission Level – Commercial • If transaction is cleared in (4 days) Base Submission Level – Commercial • If Passenger Transport and cleared in (9 days) Base Submission Level – Commercial


• If authorization amount exceeds amount tolerance Base Submission Level – Commercial

Base Submission Level - Commercial

Qualification Requirements Next Best Program • Must be Commercial Card • If Consumer PSL Retail, Key Entry, PSL Card Not Present, PSL Express Services • Transaction can be performed in a card present or card not present environment • No downgrade • Transaction is cleared in 3+ days • MCC is one of the following and cleared in 4+ days:

o 4899, 5968, 5983, 6533, 8211, 8220, 8299, 8351, 8398 – Emerging Markets o 4784, 9211, 9222, 9223, 9311, 9399, 9405 – Public Services

• MCC is one of the following and cleared in 9+ days: o 3000-3299, 4112, 4511 – Passenger Transport (8 days)

• If transaction is cleared in (2 days) Electronic – Commercial • If MCC is Emerging Markets or Public Services and cleared in 3 days Electronic –

Commercial • If MCC is Passenger Transport and cleared in 8 days Electronic – Commercial

Documents

Clearent Retail 10-17-14merchantbusinessservices.net/downloads/Interchange... · Retail 222 South Central, Suite 700, Clayton, MO 63105 Office: 314.732.0515 v20140924 Fax: 314.721.7300