Visa CPS/Restaurant
“CPS Restaurant” is the beginning part of several fee categories that relate to what restaurants will pay to accept Visa consumer debit and prepaid cards.
“CPS Restaurant” is the beginning part of several fee categories that relate to what restaurants will pay to accept Visa consumer debit and prepaid cards.
CPS Retail 2 Card Not Present is a Visa interchange category that is used to calculate interchange fees for transactions involving a debit or prepaid card for some businesses that accept cards in a manner other than swiping.
The term “downgrade” gets thrown around a lot in credit card processing, but what does it actually mean?
CPS Retail categories are among the most common Visa interchange rates, as they apply to many basic transactions at retail stores.
CPS Rewards 2 and Signature Preferred are Visa interchange categories that determine what a business pays when accepting a “rewards” credit card online or by keying it in.
CPS Rewards and Signature Preferred refer to Visa interchange fees for consumer credit cards that offer rewards (such as cash back or airline miles) for the cardholder.
CPS card not present categories refer to Visa interchange rates that apply to many basic online and keyed transactions.
Signature Preferred Retail is the Visa interchange category that is used to calculate the interchange fee for card-present transactions involving a credit card that produces rewards for the cardholder.