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Commercial Level II is a Visa interchange category used to calculate the interchange fee for card-not-present transactions involving a payment made with a purchasing card.
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Visa’s Commercial Card Not Present interchange category refers to card-not-present transactions made with a corporate credit card instead of a consumer credit card.
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A sneaky thing is going on with the cost businesses pay to accept American Express cards. Changes have made it cheaper than ever to accept Amex, but business’ credit card processing statements aren’t reflecting the cost reduction.
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Anyone who has made a purchase online in the past decade is likely familiar with PayPal.
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There was once a time when all you had to worry about was having enough cash on hand to provide customers with change. Those days are long gone. These days you need to be prepared to handle a slew of payment options.
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Visa’s CPS Retail 2 is an interchange category used to calculate interchange fees for transactions involving a credit card for certain business types, defined by Merchant Category Codes.
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Signature Preferred Card Not Present or CNP is a Visa interchange category used to determine the fee for transactions that take place with the credit card not present at businesses other than travel services.
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Visa’s CPS Small Ticket category determines the interchange cost for card-present transactions that are $15 or less.
