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Payment Brand Changes Canada

Payment Brand Changes

Canada Edition

French

We are providing important information from the Payment Brands regarding changes to operating rules, fees, compliance requirements, and other industry updates that may impact your processing account. You’ll see recent and upcoming changes.

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Visa®

Effective April 1, 2025, Visa’s Original Credit Transactions (OCT) fee will be updated, as shown below, and the MAX value will be removed. All transactions will be charged the same fee.

Table – Visa Original Credit Transaction Fee

Fee Name

Business Application Identifier (BAI)

Current Fee (per transaction)

New Fee (per transaction)

Difference

Original Credit Trans Fee

All

0.000565 USD

0.113 USD

0.112435 USD

Original Credit Tran Fee MAX

All

0.2825 USD

0.000

(removed)

-0.2825 USD

_{1. Any items billed to Chase Paymentech by the payment brands in U.S. dollars will be converted and billed to clients in Canadian dollars.}

_{Published December 13, 2024 | P2022.1140}

Visa will modify the rates for their debit fee programs on January 1, 2025. You will see a decrease in the below interchange fees:

Electronic
Performance Program – Card-Present Electronic Program
Industry Program – Gas
Industry Program – Grocery

Table – Visa Decreased Debit Fees

Fee Name	Current Rate	New Rate	Rate Differential
Visa Canada Debit Electronic Chip – CAD	$0.05+0.25%	$0.03	-$0.02, -0.25%
Visa Canada Debit Electronic Chip – INT	$0.05+0.25%	$0.03	-$0.02, -0.25%
Visa Canada Debit Chip Tier 1 – CAD	$0.05+0.15%	$0.03	-$0.02, -0.15%
Visa Canada Debit Chip Tier 1 – INT	$0.05+0.15%	$0.03	-$0.02, -0.15%
Visa Canada Debit Chip Petroleum – CAD	$0.05+0.15%	$0.03	-$0.02, -0.15%
Visa Canada Debit Chip Petroleum – INT	$0.05+0.15%	$0.03	-$0.02, -0.15%
Visa Canada Debit Chip Supermarket – CAD	$0.05+0.15%	$0.03	-$0.02, -0.15%
Visa Canada Debit Chip Supermarket – INT	$0.05+0.15%	$0.03	-$0.02, -0.15%

_{Published November 15, 2024 | P2024.1341}

Update: A footnote has been added to clarify that transactions under specific merchant category codes (MCCs) are also eligible for the Small Merchant Electronic Fee Program: Industry – Gas, Industry – Grocery and Food Retail, Everyday Needs – Restaurant, and Everyday Needs – Other.

On October 18, 2024, Visa will introduce their Small Merchant Interchange Program for domestic consumer credit transactions as outlined below. Businesses with an annual processing volume up to $300,000 may be eligible for this program, as determined by Visa annually, periodically, or as required.

Transactions that include a stated credit card surcharge are not eligible for this program.

Table 1 – Visa New Small Merchant ElectronicFee Program¹ Rates

New Fee Name	Small Merchant Rate	Regular Rate	Rate Differential
Visa Small Merchant CP Classic, Gold, Platinum - CAD	0.81%	1.25%	0.44%
Visa Small Merchant CP Classic, Gold, Platinum - INT	0.81%	1.25%	0.44%
Visa Small Merchant CP Infinite - CAD	0.99%	1.57%	0.58%
Visa Small Merchant CP Infinite - INT	0.99%	1.57%	0.58%
Visa Small Merchant CP Infinite Priv - CAD	1.80%	2.08%	0.28%
Visa Small Merchant CP Infinite Priv - INT	1.80%	2.08%	0.28%

Table 2 – Visa New Small Merchant Card Not Present – Token Fee Program Rates

New Fee Name	Small Merchant Rate	Regular Rate	Rate Differential
Visa Small Merchant CNP Token Classic, Gold, Platinum - CAD	1.25%	1.35%	0.10%
Visa Small Merchant CNP Token Classic, Gold, Platinum - INT	1.25%	1.35%	0.10%
Visa Small Merchant CNP Token Infinite - CAD	1.50%	1.60%	0.10%
Visa Small Merchant CNP Token Infinite - INT	1.50%	1.60%	0.10%
Visa Small Merchant CNP Token Infinite Priv - CAD	2.25%	2.35%	0.10%
Visa Small Merchant CNP Token Priv Infinite - INT	2.25%	2.35%	0.10%

Table 3 – Visa New Small Merchant Card Not Present – Non-Token Fee Program Rates

New Fee Name	Small Merchant Rate	Regular Rate	Rate Differential
Visa Small Merchant CNP Classic, Gold, Platinum - CAD	1.30%	1.40%	0.10%
Visa Small Merchant CNP Classic, Gold, Platinum - INT	1.30%	1.40%	0.10%
Visa Small Merchant CNP Infinite - CAD	1.55%	1.65%	0.10%
Visa Small Merchant CNP Infinite - INT	1.55%	1.65%	0.10%
Visa Small Merchant CNP Infinite Priv - CAD	2.30%	2.40%	0.10%
Visa Small Merchant CNP Infinite Priv - INT	2.30%	2.40%	0.10%

_{1. Transactions under the following MCCs will also be eligible for the Small Merchant Electronic Fee Program: Industry – Gas, Industry – Grocery and Food Retail, Everyday Needs – Restaurant, Everyday Needs – Other.}

_{Updated October 15, 2024 | P2023.2234

Published July 15, 2024 | P2023.2234, P2024.0668}

On October 18, 2024, Visa will introduce additional interchange rates for Visa Commercial Omni1 and Visa Commercial Choice Travel2 programs.

Table 1 – Visa Commercial Choice Travel Program New Interchange Rates

Fee Name	New Rate
Visa Global B2B Virtual CommercialChoice Travel-Prog 22	2.10%
Visa Global B2B Virtual CommercialChoice Travel-Prog 23	2.20%
Visa Global B2B Virtual CommercialChoice Travel-Prog 24	2.30%
Visa Global B2B Virtual CommercialChoice Travel-Prog 25	2.40%
Visa Global B2B Virtual CommercialChoice Travel-Prog 26	2.50%
Visa Global B2B Virtual CommercialChoice Travel-Prog 27	2.60%
Visa Global B2B Virtual CommercialChoice Travel-Prog 28	2.70%
Visa Global B2B Virtual CommercialChoice Travel-Prog 29	2.80%
Visa Global B2B Virtual CommercialChoice Travel-Prog 30	2.90%
Visa Global B2B Virtual CommercialChoice Travel-Prog 31	3.00%
Visa Global B2B Virtual CommercialChoice Travel-Prog 40	0.85%
Visa Global B2B Virtual CommercialChoice Travel-Prog 41	0.95%
Visa Global B2B Virtual CommercialChoice Travel-Prog 42	1.05%
Visa Global B2B Virtual CommercialChoice Travel-Prog 43	1.15%
Visa Global B2B Virtual CommercialChoice Travel-Prog 44	1.25%
Visa Global B2B Virtual CommercialChoice Travel-Prog 45	1.35%
Visa Global B2B Virtual CommercialChoice Travel-Prog 46	1.45%
Visa Global B2B Virtual CommercialChoice Travel-Prog 47	1.55%
Visa Global B2B Virtual CommercialChoice Travel-Prog 48	1.65%
Visa Global B2B Virtual CommercialChoice Travel-Prog 49	1.75%
Visa Global B2B Virtual CommercialChoice Travel-Prog 50	1.85%
Visa Global B2B Virtual CommercialChoice Travel-Prog 51	1.95%
Visa Global B2B Virtual CommercialChoice Travel-Prog 52	2.05%
Visa Global B2B Virtual CommercialChoice Travel-Prog 53	2.15%
Visa Global B2B Virtual CommercialChoice Travel-Prog 54	2.25%
Visa Global B2B Virtual CommercialChoice Travel-Prog 55	2.35%
Visa Global B2B Virtual CommercialChoice Travel-Prog 56	2.45%
Visa Global B2B Virtual CommercialChoice Travel-Prog 57	2.55%
Visa Global B2B Virtual CommercialChoice Travel-Prog 58	2.65%
Visa Global B2B Virtual CommercialChoice Travel-Prog 59	2.75%
Visa Global B2B Virtual CommercialChoice Travel-Prog 60	2.85%
Visa Global B2B Virtual CommercialChoice Travel-Prog 61	2.95%

Table 2 – Visa Commercial Omni Program New Interchange Rates

Fee Name	New Rate
Visa Flexible Rate B2B CommercialChoice Omni-Prog 22	2.10%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 23	2.20%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 24	2.30%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 25	2.40%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 26	2.50%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 27	2.60%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 28	2.70%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 29	2.80%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 30	2.90%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 31	3.00%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 40	0.85%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 41	0.95%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 42	1.05%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 43	1.15%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 44	1.25%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 45	1.35%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 46	1.45%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 47	1.55%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 48	1.65%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 49	1.75%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 50	1.85%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 51	1.95%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 52	2.05%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 53	2.15%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 54	2.25%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 55	2.35%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 56	2.45%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 57	2.55%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 58	2.65%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 59	2.75%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 60	2.85%
Visa Flexible Rate B2B CommercialChoice Omni-Prog 61	2.95%

_{1. Formerly known as Visa B2B Payments Program

2. Formerly known as Visa Flexible Rate B2B Virtual Program}

_{Published July 15, 2024 | P2024.0632}

Visa will be updating their standard authorization framework structure on April 13, 2024 to modernize existing authorization validity¹ and clearing timeframes² as shown in the table below. Note that the maximum time frame of 2 calendar days for intraregional contactless transactions in all European countries will not change.

On June 13, 2024, Visa will be applying a 0.09% extended authorization service fee of the transaction amount to card-not-present cardholder-initiated transactions that clear beyond 10 calendar days. Additional applicable processing integrity fees may apply but are open to dispute by the cardholder.

Table – New Authorization and Clearing Time Frames

Transaction Type	New Maximum Time Frame³
Card-not-present (CNP) cardholder-initiated transactions	10 calendar days
Transactions with an estimated authorization for cruise line, lodging and vehicle rental merchants.	30 calendar days
Transactions with an estimated authorization for aircraft, boat and bicycle rentals (including electric scooters), clothing and costume rentals, DVD, video, equipment and tool rentals, furniture, motor home and motorcycle rentals and trailer parks and campgrounds.	10 calendar days
All other card-present transactions⁴	5 calendar days
All merchant-initiated transactions including installment transactions, recurring transactions, advance payment instructions, unscheduled credential-on-file transactions, merchandise returns, and credits	5 calendar days

_{Note: Fees include the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).}

_{1. This is the maximum amount of time a merchant has to complete the transaction once an authorization request has received an approval response.

2. This is the maximum amount of time an acquiring bank has to process a completed transaction from the transaction date.

3. Time frames begin on the date of a valid authorization.

4. Automated Fuel Dispenser preauthorization requests need a completion or reversal message sent two hours from the receipt of an approval response.}

_{Published March 15, 2024 | P2023.2046}

On April 12, 2024, Visa will charge a new VI Integrity Risk Fee of 0.113% + 0.113 USD for high-integrity risk transactions with the merchant category codes 5967 (Direct Marketing – Inbound Teleservices Merchant) and 7273 (Dating Services).

Visa will perform enhanced due diligence and monitoring activities to mitigate the higher inherent risk that these transactions carry.

_{Note: Fee includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).}

_{Published January 12, 2024 | P2023.1837a}

Effective April 1, 2024, Visa will introduce a Commercial Solutions Fee¹ of 0.0113% for any purchase transaction processed with a Small Business or Commercial Card.

_{1. Fee names may be subject to change.}

_{Published December 28, 2023 | P2023.1773}

On April 1, 2024, Visa will begin charging a Card Verification Value 2 (CVV2) fee of 0.0028 USD for every CVV2 result that receives an M (Match) or N (No Match). Positive matches may result in a higher approval rate, reduced chances of fraud, as well as fewer disputes.

The CVV2 fee will not apply to the following conditions:

Verification results not received by the bank due to an error
Returned values that are not M or N
Successful 3DS verifications
Zero-amount account verification messages

_{Published December 15, 2023 | P2023.1771}

Update: Visa has changed the effective date to April 25, 2024. The first billing of these fees will be in May 2024.

On January 25, 2024, Visa will begin monitoring their Processing Integrity Program and the fees listed in the table below will be assessed for domestic and international transactions. These fees will apply when transactions are not authorized, reversed, or cleared as required. The first billing of these fees will be in March 2024.

Table – Visa Processing Integrity Fees

Fee Name	Description	New Rate¹ (per transaction)
Misuse of Authorization System	Per-transaction fee assessed monthly for each authorization that cannot be matched to a clearing transaction (or authorization reversal) within the required time frame	0.0565 USD
Misuse of Authorization System - Merch Return	Per-transaction fee assessed monthly for each merchandise return (refund) authorization that cannot be matched to a clearing transaction (or authorization reversal) within the required time frame	0.0565 USD
Unmatched Clearing	Per-transaction fee assessed monthly for each clearing transaction that cannot be matched to an authorization within the defined time frame	0.0565 USD
Unmatched Clearing - Merch Return	Per-transaction fee assessed monthly for each return clearing transaction that cannot be matched to an authorization within the defined time frame	0.0565 USD

Any items billed to Chase Paymentech by the Payment Brands in US dollars will be converted and billed to merchants in Canadian dollars.

_{1. Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).}

_{Updated December 15, 2023 | P2023.1835

Published October 13, 2023 | P2023.0496}

Effective April 2024, Visa will start charging a Payment Account Number (PAN) Pass Back Program fee of 0.02 USD per event for transit and urban mobility operators. This program will only be available for transit merchants processing token transactions under the following Merchant Category Codes:

MCC 4111 - Local and Suburban Commuter Passenger Transportation, including ferries
MCC 4112 - Passenger Railways
MCC 4131 - Bus Lines

You can implement a payment account reference (PAR) in your system before April 2024 to avoid this fee. The PAR provides the ability to link payment activity to a payment account.

Visa will stop sending PANs in transaction responses beginning April 2026.

_{Published April 14, 2023 | P2022.1087}

Update: The Visa Digital Credential Updater Fee will be billed on a quarterly basis until the end of Q3 2024. After this period, you will be billed monthly.

Starting August 1, 2023, Visa will charge a Visa Digital Credential Updater Fee (VDCU Cred Update Fee) of 0.09 USD for all VDCU activities. This fee will be billed when a token is used in a transaction for the first time following an update to that token’s PAN or expiration date.

The VDCU provides access to token lifecycle management events including credential on file updates and token status change notifications, such as deleted, suspended, and resumed token updates. These lifecycle updates can help you ensure cardholders’ payment credentials are up to date, which is essential for maintaining payment continuity and improving authorization rates.

_{Updated December 15, 2023

Updated September 15, 2023 | P2023.1486

Updated May 15, 2023 | P2023.0269

Published March 15, 2023 | P2022.0865a}

Mastercard®

On January 1, 2025, Mastercard will revise their Transaction Processing Excellence (TPE) program pricing. These changes will be reflected on your March 2025 billing statement.

Table – Mastercard TPE Program Pricing Change

Fee Name

Current Rate

New Rate

Differential

Final Authorization Not Meeting Necessary Requirement

0.339%
(min 0.0565 USD)

0.3955%
(min 0.0565 USD)

0.0565%

Processing Integrity Fee-Not Reversed/Cleared Preauthorization

0.339%
(min 0.0565 USD)

0.3955%
(min 0.0565 USD)

0.0565%

Transaction Processing Excellence-Nominal Amount Authorizations

0.113 USD

0.2825 USD

0.1695 USD

Transaction Processing Excellence-Acquirer Merchant Advice Code

0.113 USD

0.2825 USD

0.1695 USD

_{Published September 13, 2024 | P2023.0840}

Update: Mastercard has changed the effective date of the M/Chip Deployment Performance Program fee to November 30, 2024. The assessment date mentioned below will no longer apply.

On October 13, 2023, Mastercard will implement an M/Chip Deployment Performance Program fee to devices and POS terminals that experience an implementation issue and cause a technology failure in a recurring 30-day period.

Chase will assess this fee starting November 13, 2023. To avoid it, please make sure that your terminal’s Payment System Public Keys (PSPK) in the Combined Dynamic Data Authentication (CDA) are updated and/or your software kernel has a V3.x reader.

If your POS is supported by a third-party integrator, please contact your service provider to ensure you have the latest upgrades and specifications that comply with Mastercard’s requirements to help you avoid these fees.

This does not apply if you have a stand-alone POS device that is supported by Chase.

Table – Updated Mastercard M/Chip Deployment Performance Program Fee

Effective Date	Per Terminal Fee¹
November 30, 2024	5.65 USD
January 1, 2025	9.04 USD
January 1, 2026	13.56 USD

_{Updated December 15, 2023 | P2023.1137u2

Published August 15, 2023 | P2023.1137}

On October 18, 2024, Mastercard will introduce their Small Business Interchange Program for domestic consumer credit transactions as outlined below. Businesses with an annual processing volume below $175,000 may be eligible for this program as determined by Mastercard annually or as required.

Table – Mastercard Small Business Program Rates

Fee Name	Small Business Rate	Regular Rate	Rate Differential
MC CAN SMB Intracountry Cons Credit Merit 1 CP EMV - Core	0.72%	0.92%	0.20%
MC CAN SMB Intracountry Cons Credit Merit 1 CP EMV - World	0.95%	1.22%	0.27%
MC CAN SMB Intracountry ConCredit Merit1 CP EMV-World Elite	1.22%	1.56%	0.34%
MC CAN SMB Intracountry Cons Credit Merit 1 CP EMV - Muse	1.29%	1.65%	0.36%
MC CAN SMB Intracountry ConCredit Merit2 Unsecure CP - Core	0.95%	1.22%	0.27%
MC CAN SMB Intracountry ConCredit Merit2 Unsecure CP- World	1.19%	1.52%	0.33%
MC CAN SMB Intracountry ConCredit Merit2 Unsec CP-WorldElite	1.45%	1.86%	0.41%
MC CAN SMB Intracountry ConCredit Merit2 Unsecure CP - Muse	1.52%	1.95%	0.43%
MC CAN SMB Intracountry ConCredit Merit3 Digital Comm- Core	1.57%	1.67%	0.10%
MC CAN SMB Intracountry ConCredit Merit3 Digital Comm-World	1.80%	1.90%	0.10%
MC CAN SMB Intracountry ConCreditMerit3 DigitComm-WorldElite	2.03%	2.13%	0.10%
MC CAN SMB Intracountry ConCredit Merit3 DigitCommerce-Muse	2.15%	2.25%	0.10%
MC CAN SMB Intracountry Cons Credit Contactless - Core	0.72%	0.92%	0.20%
MC CAN SMB Intracountry Cons Credit Contactless - World	0.95%	1.22%	0.27%
MC CAN SMB Intracountry Cons Credit Contactless -World Elite	1.22%	1.56%	0.34%
MC CAN SMB Intracountry Cons Credit Contactless - Muse	1.29%	1.65%	0.36%
MC CAN SMB Intracountry Cons Credit 3DS - Core	1.40%	1.50%	0.10%
MC CAN SMB Intracountry Cons Credit 3DS - World	1.60%	1.70%	0.10%
MC CAN SMB Intracountry Cons Credit 3DS - World Elite	1.80%	1.90%	0.10%
MC CAN SMB Intracountry Cons Credit 3DS - Muse	1.93%	2.03%	0.10%
MC CAN SMB Intracountry Cons Credit CP Refund - Core	0.43%	0.55%	0.12%
MC CAN SMB Intracountry Cons Credit CP Refund - World	0.57%	0.73%	0.16%
MC CAN SMB Intracountry Cons Credit CP Refund - World Elite	0.73%	0.94%	0.21%
MC CAN SMB Intracountry Cons Credit CP Refund - Muse	0.77%	0.99%	0.22%
MC CAN SMB Intracountry Cons Credit CNP Refund - Core	0.96%	1.06%	0.10%
MC CAN SMB Intracountry Cons Credit CNP Refund - World	1.10%	1.20%	0.10%
MC CAN SMB Intracountry Cons Credit CNP Refund - World Elite	1.24%	1.34%	0.10%
MC CAN SMB Intracountry Cons Credit CNP Refund - Muse	1.33%	1.43%	0.10%

_{Published July 15, 2024 | P2024.0061}

On October 1, 2024, Mastercard will introduce an MC Mail Order-Telephone Order (MOTO) fee of 0.01695% for every MOTO sales and refund transaction to encourage safe card payment practices. All domestic and cross-border transactions will qualify for this fee.

This fee does not apply to:

Payment transactions (including Mastercard Send Payment transactions)
Transactions that qualify for the Mastercard Wholesale Travel Program (previously referred to as the Global Travel Transaction Program)
Collection-only processing

_{Published June 14, 2024 | P2023.2402}

Effective July 2, 2024, Mastercard will include the commercial credit interchange rates and product codes listed in Table 1 to their Enterprise Solution Wholesale Travel Program. The interchange rates listed in Table 2 remain unchanged.

Table 1 – New Wholesale Travel Program interchange rates for commercial credit transactions

Fee Name	New Rate
MC B2B Product 18 - MTL	1.45%
MC B2B Product 19 - MTM	1.35%

Table 2 –Existing commercial interchange rate for credit transactions

Fee Name	Existing Rate
MC B2B Product 1 - MBS	2.00%
MC B2B Product 2 - MBA	1.80%
MC B2B Product 3 - MBG	1.60%
MC B2B Product 4 - MBH	1.40%
MC B2B Product 5 - MBI	1.20%
MC B2B Product 6 - MBJ	1.00%
MC B2B Product 7 - MTA	2.00%
MC B2B Product 8 - MTB	1.90%
MC B2B Product 9 - MTC	1.80%
MC B2B Product 10 - MTD	1.70%
MC B2B Product 11 - MTE	1.60%
MC B2B Product 12 - MTF	1.50%
MC B2B Product 13 - MTG	1.40%
MC B2B Product 14 - MTH	1.30%
MC B2B Product 15 - MTI	1.20%
MC B2B Product 16 – MTJ	1.10%
MC B2B Product 17 – MTK	1.00%

_{Published March 15, 2024 | P2024.0001, P2023.0090c}

Update: On April 1, 2024, Mastercard will begin charging the fee in the table below when there are 35 declined attempts within a 30-day period on the same account number, at the same card acceptor, and for the same amount. This new requirement is in addition to the existing Excessive Authorization Attempts TPE threshold of 10 declined attempts per 24-hour period. The first affected billing will be in May 2024.

On November 1, 2022, Mastercard will reduce the threshold of declined attempts for the Excessive Authorization Attempts TPE program from 20 to 10. Anything over the new threshold will be charged as shown in the table below.

Table – Mastercard Excessive Authorization Attempts Rate

Effective Date for Rate Change	Effective Date for First Billing	Current Rate	New Rate
November 7, 2022	January 2023	0.10 USD per transaction over the threshold	0.50 USD per transaction over the threshold

_{Updated November 15, 2023 | P2023.1742

Published July 13, 2022 | P2022.0491}

Interac®

Effective November 1, 2024, Interac will include additional qualifying merchant category codes (MCCs) under their Tier 1 pricing structure, as shown in the table below.

Rates and other qualifications remain the same.

Table – Interac Updated Flash Interchange Pricing Structure

Tier	Current Transaction Amount	Current Rate Per Transaction	Merchant Qualification
Tier 1 Low-ticket Merchants	Transactions from $0.01 to $100.00	$0.020	Additional qualifying MCCs effective November 1, 2024: MCC 4112 – Passenger Railways MCC 4131 – Bus Lines MCC 5441 – Candy, Nut, Confectionary Stores MCC 5531 – Auto Store, Home Supply Stores MCC 5552 – Electric Vehicle Charging MCC 5811 – Caterers MCC 7210 – Cleaning, Garment, and Laundry Services MCC 7211 – Laundry Services-Family and Commercial MCC 7523 – Automobile Parking Lots and Garages MCC 7542 – Car Washes MCC 8050 – Nursing and Personal Care Facilities MCC 8062 – Hospitals Existing qualifying MCCs: MCC 5814 – Fast Food Restaurants MCC 5331 – Variety Stores MCC 7832 – Movie Theatres MCC 5499 – Convenience Stores MCC 5462 – Bakeries MCC 5451 – Dairy Product Stores MCC 4121 – Limousines and Taxicabs MCC 5994 – News Dealers and Newsstands MCC 8398 – Charitable and Social Services Organizations MCC 4111 – Transportation – Suburban and Local Commuter Passenger MCC 4784 – Toll Roads/Bridges
Tier 2 High-volume Merchants	Transactions from $0.01 to $100.00	$0.025	(No change) Merchants that meet the minimum annual transaction volume threshold of 20 million Interac Flash transactions, based on transaction volume in the previous calendar year.
Tier 3 All other Merchants	Transactions from $0.01 to $100.00	$0.035	(No change) Merchants that do not otherwise qualify for Tier 1 and Tier 2.
Tier 4 All Mechants	Transactions from $100.01 to $250.00	$0.055	(No change) All merchants

The Interac Flash interchange fees are also published on Interac’s website.

_{Published July 15, 2024 | P2024.0971}

Starting November 1, 2024, Interac will increase their debit switch fee as shown in the table below.

Table – Interac Updated Switch Fee

Fee Name	Current Fee	New Fee	Difference
Interac Debit Switch Fee	$0.011380	$0.012851	$0.001471

_{Published July 15, 2024 | P2024.1100}

Updated Payment Brand Fees

On November 1, 2023, your Payment Brand fees¹will increase as set out below. This is a result of the Canadian federal government’s June 22, 2023, amendment of the Excise Tax Act, subjecting certain services provided by payment network operators to the goods and services tax and harmonized sales tax (GST/HST). Interchange rates are not impacted by this change.

Fee Name	Current Rate²	New Rate	Differential
Debit Mastercard Assessment Fee (Sale + Return)	0.0870%	0.0983%	0.0113%
Debit MC Contactless Fee	0.004 USD	0.0045 USD	0.0005 USD
Discover Assessment Fee	0.0630%	0.0712%	0.0082%
Discover International Processing Fee	0.4000%	0.4520%	0.0520%
Interac In-App Acquirer Service Fee	$0.0250	$0.0283	$0.0033
Mastercard Acquirer License Fee	0.0070%	0.0079%	0.0009%
Mastercard Assessment Fee (Sale + Return)	0.0870%	0.0983%	0.0113%
Mastercard Authorization Advice Code Fee	0.0300 USD	0.0339 USD	0.0039 USD
Mastercard Cross Border Fee (Canadian Dollars)	0.6000%	0.6780%	0.0780%
Mastercard Cross Border Fee (non-Canadian Dollars)	1.0000%	1.1300%	0.1300%
Mastercard CVC2 Fee	0.0025 USD	0.0028 USD	0.0003 USD
Mastercard Original Credit Trans Fee	0.1500% + 0.1000 USD	0.1695% + 0.1130 USD	0.0195% + 0.0130 USD
MC ASI Interregional Fee	0.0300 USD	0.0339 USD	0.0039 USD
MC ASI Intraregional Fee	0.0250 USD	0.0283 USD	0.0033 USD
MC Authorization Optimizer Service Fee	0.0200 USD	0.0226 USD	0.0026 USD
MC AVS Fee	0.0100 USD	0.0113 USD	0.0013 USD
MC Connectivity Fee (Sale + Return + Auth + Settled)	0.0045 USD	0.0051 USD	0.0006 USD
MC Decline Reason Code Service	0.0200 USD	0.0226 USD	0.0026 USD
MC Digital Enablement Fee [amount < $100 USD]	0.0200 USD	0.0226 USD	0.0026 USD
MC Digital Enablement Fee [amount >= $100 USD and < $1000 USD]	0.0200%	0.0226%	0.0026%
MC Digital Enablement Fee [amount >= $1000 USD]	0.2000 USD	0.2260 USD	0.0260 USD
MC Excessive Authorization Fee	0.5000 USD	0.5650 USD	0.0650 USD
MC Freight Program Fee	0.5000%	0.5650%	0.0650%
MC Global Wholesale Travel Program	0.6000%	0.6780%	0.0780%
MC Humanitarian Fee Program	0.0025 USD	0.0028 USD	0.0 USD003
MC Ineligible Chargeback Blocking Fee	3.0000 USD	3.3900 USD	0.3900 USD
MC Nominal Authorization Fee [Card Not Present]	0.0450 USD	0.0509 USD	0.0059 USD
MC Pre-Authorization Fee	0.05% of authorized amount with a minimum of 0.01 USD per transaction	0.0565% of authorized amount with a minimum of 0.0113 USD per transaction	0.0065% (min: 0.0013 USD)
MC Processing Integrity Final-Auth	0.25% of authorized amount with a minimum of 0.04 USD per transaction	0.2825% of authorized amount with a minimum of 0.0452 USD per transaction	0.0325% (min: 0.0052 USD)
MC Processing Integrity Pre-Auth	0.0450 USD	0.0509 USD	0.0059 USD
MC Secure Code Trans Fee	0.0500 USD	0.0565 USD	0.0065 USD
MC Utilities Fee	0.0200 USD	0.0226 USD	0.0026 USD
MC Credential Continuity Fee	0.0300 USD	0.0339 USD	0.0039 USD
Visa Account Verification Fee - Domestic Credit/ Signature Debit	0.0100 USD	0.0113 USD	0.0013 USD
Visa Account Verification Fee - International Credit/ Signature Debit	0.0200 USD	0.0226 USD	0.0026 USD
Visa Assessment Fee	0.0900%	0.1017%	0.0117%
Visa AVS Fee	0.0010 USD	0.0011 USD	0.0001 USD
Visa B2B Virtual Payments Domestic Fee	0.6000%	0.6780%	0.0780%
Visa B2B Virtual Payments International Fee	1.5500%	1.7515%	0.2015%
Visa Cross Border Fee - Multi Currency	0.6000%	0.6780%	0.0780%
Visa Cross Border Fee - Single Currency	1.0000%	1.1300%	0.1300%
Visa Debit Assessment Fee	0.0900%	0.1017%	0.0117%
Visa Digital Credential Updater Fee	0.0900 USD	0.1017 USD	0.0117 USD
Visa Estimated Auth Fee	0.0200%	0.0226%	0.0026%
Visa Incremental Auth Fee	0.0200%	0.0226%	0.0026%
Visa Non-Dom Currency Settlement Volume Fee	0.1000%	0.1130%	0.0130%
Visa Original Credit Trans Fee	0.0500%	0.0565%	0.0065%
Visa SPS Repeat Auth Decline	1.0000 USD	1.1300 USD	0.1300 USD
Visa System Integrity Fee [Excessive Authorization & Never Approved] Domestic Fee	0.1000 USD	0.1130 USD	0.0130 USD
Visa System Integrity Fee [Excessive Authorization & Never Approved] International Fee	0.1500 USD	0.1695 USD	0.0195 USD
Visa System Integrity Fee Non-Chip Terminal [Domestic Fee]	0.1500 USD	0.1695 USD	0.0195 USD
Visa System Integrity Fee Non-Chip Terminal [Cross Border Fee]	0.1500 USD	0.1695 USD	0.0195 USD

_{1. Not all fees will apply to you. Fees are assessed based on the payment networks that you support.

2. Any items billed to Chase Paymentech by the Payment Brands in US dollars will be converted and billed to merchants in Canadian dollars.}

_{Updated October 13, 2023

Published August 3, 2023}

Visa®

On April 16, 2025, initial authorizations for fixed amounts will only be permitted at AFDs. If you use non-AFD MCCs, you can use estimated and incremental authorizations instead.

_{Published December 13, 2024 | P2022.1437a}

Update: The effective date has been corrected to July 31, 2025.

Starting July 31, 2025, Visa will no longer honor the following tokenized standing instruction merchant-initiated transactions (MIT) that are sent with a newly generated device token, and these transactions will receive the decline reason code 530 (Do Not Honor):

Installment Payments
Recurring Payments
Unscheduled Stored Credential

Visa will continue accepting standing instruction MITs from your existing cardholders with device tokens that were generated prior to August 1, 2025.

To avoid any payment disruptions, please work with your token service providers to replace the device tokens with card-on-file tokens for standing instruction MITs. You may also contact your J.P. Morgan representative to find the right token solution for you.

_{Updated December 13, 2024 | P2024.0093

Updated June 15, 2024 | P2024.0093

Updated December 15, 2023 | P2023.2173

Published August 15, 2023 | P2021.1134a}

Update: Visa has extended the expiration date of the Visa Smart Debit/Credit (VSDC) Certificate Authority (CA) 1984-bit public key to December 31, 2034 as shown in the below table. The expiration date of the 1408-bit public key remains the same.

Visa has extended the expiration date of the Visa Smart Debit / Credit (VSDC) Certificate Authority (CA) keys for the 1984-bit public key.

Please reach out to your point-of-sales (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enciphered PIN contain Visa public keys with the updated expiration dates shown below. Take note to not use expired keys or keys past their expiration date.

Table – Visa Extended Expiration Date for VSDC CA Keys

VSDC CA Keys	Current Expiration Date	New Expiration Date
VSDC CA 1408-bit public key	December 31, 2024	Remains unchanged
VSDC CA 1984-bit public key	December 31, 2033	December 31, 2034

_{Updated December 13, 2024 | P2024.1949

Published November 15, 2024 | P2022.1122}

The Stored Credential¹ Framework by Visa requires merchants or their agents, payment facilitators (PF) or a staged digital wallet operators (SDWO), to follow the guidelines below for storing and using payment credentials. Merchants or their agents must ensure compliance to avoid transaction declines and maintain proper credential storage and usage practices.

Take note that guest checkout transactions do not qualify for stored credential use due to lack of user consent.

Visa is also reminding merchants of their Stored Credential Field Definitions:

POS Environment Field "C"
- Indicates storing credentials for future CITs or UCOF transactions
- Use the value “10” for the POS Entry Mode Code and value “C” for the POS Environment field in the same transaction only for UCOF transactions
POS Entry Mode Code "10"
- Required for all stored credential transactions

Table 1 – Visa Stored Credential Framework: Initial Storage of Credentials

Condition	Requirement
Disclosure and Consent	Merchants and their agents must comply with cardholder disclosure and consent requirements specified in the Visa Rules
Transaction Submission	If an amount is due, submit a payment transaction (authorization/full financial) If no amount is due, submit an Account Number Verification authorization (Note: This requirement already exists for recurring and installment transactions in Europe)
POS Environment Field	Use "C" for cardholder-initiated, stored credential transactions, or Unscheduled Credential-on-File (UCOF) transactions Use "R" or "I" for recurring or installment relationships
Declined Transactions	If the initial transaction or verification is declined, the credential cannot be stored

Table 2 – Visa Stored Credential Framework: Using Stored Credentials

Condition

Requirement

POS Entry Mode Code

Use "10" to indicate a stored credential in card-not-present (CNP) transactions

Transaction Types

Performed with primary account numbers (PANs) or payment tokens

Cardholder-initiated transactions (CIT) with stored credentials

Merchant-initiated transactions that are:

Based on standing instructions (e.g., recurring, installment, UCOF), where transactions must be submitted with an “R,” “I,” or “C” in the POS Environment field; or
Industry-specific transactions (e.g., incremental payments, no-shows, delayed charges, reauthorization or resubmission) where the credentials were previously stored for future purchases (and not to complete that specific transaction only)

Note: Subsequent merchant-initiated recurring, installment, or UCOF standing-instruction transactions must always be submitted with a POS Entry Mode Code of “10.” Standing-instruction transactions are only permitted when credentials are stored on file

_{1. A stored credential is information (including an account number or payment token) stored by a merchant or its agent, payment facilitator (PF) or a staged digital wallet operator (SDWO) to process future purchases for a cardholder.}

_{Published November 15, 2024 | P2024.1601}

Visa Multiple-Account Access Services (VMAAS) has been renamed Visa Flexible Credential. While all features of the program remain the same, please note that the old program name may still be referenced in earlier published documents.

_{Published November 15, 2024 | P2024.1107}

Effective immediately, the Visa Secure program will support the use of the EMV 3-D Secure (3DS) Bridging Message Extension v2.0 that provides access to these 2.3.1.1 functionalities:

New options for existing data fields and sub-fields to support Payment Services Directive 2 (PSD2) strong customer authentication exemptions, recurring payments, and token data
Decoupled authentication fallback, where the card-issuer may prompt the cardholder to authenticate at a later time in cases where the initial authentication could not occur
Improvements to the Out-of-Band (OOB) challenge flow, including a redirect from the merchant app to the authentication app
Split Software Development Kit (SDK) enhancements and additional parameters for SDK device information
Changes to the UI/UX requirements for a refined cardholder experience
Web Authentication (WebAuthn) and Secure Payment Confirmation (SPC), built on the Fast Identity Online (FIDOTM) standard, which introduces a streamlined authentication method during the payment transaction process on the web

Updates to the Preparation Request (PReq)/Preparation Response (PRes) messages

For full details on EMV 3DS 2.3.1.1, refer to the EMV® 3-D Secure Protocol and Core Functions Specification v2.3.1.1 on the EMVCo website.

Visa encourages the adoption of v2.0 of their Bridging Message Extension. The table below outlines the changes from the Bridging Message Extension v1.0 to v2.0.1

Table – Visa Bridging Message Extension v1.0 to v2.0 Changes

Data Set

Bridging Message Extension v1.0

Bridging Message Extension v2.0

Recurring Data

Includes information on the recurring amount/currency, effective date of the payment, payment amount type (fixed or variable) and frequency

Adds a data element for the expiry date of the recurring payment

Challenge Data

Additional functionality to allow the transfer of user experience from the merchant app to the issuer app for OOB authentication

Adds the ability for the access control server to request that the 3DS SDK masks the data entered by the cardholder during a challenge

Clarifies that the challenge data is only provided for EMV 3DS 2.2.0 Challenge Request (CReq)/Challenge Response (CRes) messages

Additional Data

Includes the new data elements and values available in EMV 3DS 2.3.1.0

Provides data elements to properly use FIDOTM in EMV 3DS transactions and Electronic ID as an authentication method as defined in EMV 3DS 2.3.1.1

Please refer to EMV® 3-D Secure Bridging Message Extension v2.0 and EMV® Specification Bulletin (SB) No. 295 available on the EMVCo website for further details.

Please contact your third party authentication provider for implementation of the enhancements outlined above.

_{1. As with v1.0 of the Bridging Message Extension, Visa will not support the File URL data within the Bridging Message Extension v2.0.}

_{Published October 15, 2024 | P2024.0829}

Update: Visa removed the Browser Screen Height and Width from the minimum data required fields.

Effective August 12, 2024, Visa will require e-commerce merchants to provide the data fields in Table 1 in EMV 3DS authentication request messages. If local data privacy regulations prohibit the data from being shared, these minimum data requirements do not apply.

Visa also continues to recommend e-commerce merchants provide all 12 of the data fields in Table 2 in 3DS authentication request messages.

Table 1 – Visa EMV 3DS Minimum Data Requirements

Condition	Data fields
Always Required	Cardholder name and email address
Required for browser-based transactions	Browser IP address
At least one must be provided	Cardholder phone number (Either work, home or mobile)

Table 2 – Visa EMV 3DS Recommended Data Requirements

Condition	Data fields
Always Required	Cardholder name and email address
Required for browser-based transactions	Browser IP address, screen height and screen width
Recommended only. Not needed for countries where the billing address does not exist	Cardholder billing address, country, address line, postal code and state
At least one must be provided	Cardholder phone number (Either work, home or mobile)
Only for Software Development Kit (SDK) transactions	Common Device Identification Parameters (Device IP address)

_{Updated October 15, 2024 | P2024.1395

Published February 15, 2024 | P2024.0008, P2023.1628}

Starting October 19, 2024, Visa will no longer allow domestic transactions for account ranges identified as cross-border only. Please expect these transactions to be declined.

_{Published September 13, 2024 | P2024.0633, P2024.1283}

Update: Beginning October 18, 2024, the new Authorization Characteristics Indicator (ACI) value of D (EDQP transaction (not CPS3)) will be supported in all transactions.

Effective October 1, 2024, Visa will require all regions to retain and return all common key data elements in clearing transactions. This includes a new data element called Account Funding Source shown in the table below.

In addition, beginning October 18, 2024, the new ACI value of D (Electronic Data Quality Program (EDQP) transaction (not CPS3)) will be supported in all transactions.

Contact your service provider if your system is not supported by Chase to ensure that the account funding source is retained in authorization and returned in clearing.

Please comply with these requirements to avoid reclassification and result to a different interchange rate or fee.

Table – Visa Required Common Data Elements in Clearing Transactions

Data Element

Description

Account Number

Payment credential presented in transaction

Authorized Amount

Amount presented in the authorization response

Authorization Code

Authorization result

Authorization Characteristics Indicator (ACI)

Assigned by Visa in authorization

Authorization Response Code

Approved response code

Authorization Currency Code

Currency of the authorization

Account Funding Source (AFS)¹

Funding source type associated with payment credential

Cardholder Identification (ID) Method

Type of ID used to identify the cardholder

Cashback Amount

Contains the purchase cashback amount expressed in the acquirer transaction currency

Market-specific Authorization Data Indicator

Identifies the industry for which market-specific data has been provided

Merchant Category Code

Merchant designation of goods or services sold

POS Entry Mode

Method used to capture the payment credential

Product ID

Visa product identifier associated with transaction value

Transaction Identifier

Unique Visa assigned identifier used to link authorization, clearing, and dispute transactions

Validation Code

Unique cryptographic result used to ensure data between authorization and clearing has not been modified

Electronic Commerce Indicator (ECI)/MOTO Indicator2

Indicates the type of transaction performed by mail order, telephone or electronic commerce

Spend Qualification Indicator

Value assigned during authorization response to identify the spending categorization

POS Environment

Value that reflects the nature of the transaction

_{1. Account Funding Source is a newly added data element populated in the transaction response beginning October 2024.

2. Formal name is Mail/Phone/Electronic Commerce and Payment Indicator.

3. Custom Payment Service.}

_{Updated September 13, 2024; P2024.0623

Published July 15, 2024 | P2023.2332; P2023.2103;}P2023.2050; P2023.1842; P2023.2096; P2024.0395; P2024.0623

Last August 22, 2024, the current Visa EMV® 3-D Secure (3DS) Software Development Kit (SDK) encryption key certificate had expired. All SDKs must now obtain, bundle and start using the new encryption key certificate. This change only applies to those using an app SDK to incorporate 3DS authentication into their own application. Merchants using 3DS in a web browser are not impacted by this change.

To avoid service interruption, please follow the two-step process below:

First, if you use a hosted solution for your EMV® 3DS SDK, check with your hosted solution provider to ensure they are following the required changes on your behalf
Second, integrate the updated 3DS SDK into your merchant app, publish a new version of the app, and advise end consumers/device holders to update the app on their device(s)

_{Published September 13, 2024 | P2024.0096}

Visa has allowed the use of paper-sourced (wood fiber) materials to produce their non-reloadable prepaid cards. These cards will not exceed a five-year expiration and will have magnetic stripes but not chips.

_{Published August 15, 2024 | P2024.0965}

Visa has renamed their B2B Virtual Payments Programs as shown in Table 1 and as a result, fee names, seen in Table 2, have also been updated.

Please note that current program names may still be referenced in Visa documents and online channels.

Table 1 – Visa Renamed B2B Payment Programs

Previous Name	New Name
Visa B2B Virtual Payments Program	Visa Commercial Choice Travel Program
Visa Flexible Rate B2B Virtual Program	Visa Commercial Choice Omni Program

Table 2 – Visa Updated Fee Names

Current Fee Name	New Fee Name
Visa Canada - Global B2B Virtual Payments	Visa Canada - Global B2B Virtual CommercialChoice Travel
Visa US - Global B2B Virtual Payments	Visa US - Global B2B Virtual CommercialChoice Travel
Visa LAC - Global B2B Virtual Payments	Visa LAC - Global B2B Virtual CommercialChoice Travel
Visa AP - Global B2B Virtual Payments	Visa AP - Global B2B Virtual CommercialChoice Travel
Visa Europe - Global B2B Virtual Payments	Visa Europe - Global B2B Virtual CommercialChoice Travel
Visa Global B2B Virtual Payments - Program 1	Visa Global B2B Virtual CommercialChoice Travel-Prog 1
Visa Global B2B Virtual Payments - Program 2	Visa Global B2B Virtual CommercialChoice Travel-Prog 2
Visa Global B2B Virtual Payments - Program 3	Visa Global B2B Virtual CommercialChoice Travel-Prog 3
Visa Global B2B Virtual Payments - Program 4	Visa Global B2B Virtual CommercialChoice Travel-Prog 4
Visa Global B2B Virtual Payments - Program 5	Visa Global B2B Virtual CommercialChoice Travel-Prog 5
Visa Global B2B Virtual Payments - Program 6	Visa Global B2B Virtual CommercialChoice Travel-Prog 6
Visa Global B2B Virtual Payments-Program 8	Visa Global B2B Virtual CommercialChoice Travel-Prog 8
Visa Global B2B Virtual Payments-Program 9	Visa Global B2B Virtual CommercialChoice Travel-Prog 9
Visa Global B2B Virtual Payments-Program 10	Visa Global B2B Virtual CommercialChoice Travel-Prog 10
Visa Global B2B Virtual Payments-Program 11	Visa Global B2B Virtual CommercialChoice Travel-Prog 11
Visa Global B2B Virtual Payments-Program 12	Visa Global B2B Virtual CommercialChoice Travel-Prog 12
Visa Global B2B Virtual Payments-Program 13	Visa Global B2B Virtual CommercialChoice Travel-Prog 13
Visa Global B2B Virtual Payments-Program 14	Visa Global B2B Virtual CommercialChoice Travel-Prog 14
Visa Global B2B Virtual Payments-Program 15	Visa Global B2B Virtual CommercialChoice Travel-Prog 15
Visa Global B2B Virtual Payments-Program 16	Visa Global B2B Virtual CommercialChoice Travel-Prog 16
Visa Global B2B Virtual Payments-Program 17	Visa Global B2B Virtual CommercialChoice Travel-Prog 17
Visa Global B2B Virtual Payments-Program 18	Visa Global B2B Virtual CommercialChoice Travel-Prog 18
Visa Global B2B Virtual Payments-Program 19	Visa Global B2B Virtual CommercialChoice Travel-Prog 19
Visa Global B2B Virtual Payments-Program 20	Visa Global B2B Virtual CommercialChoice Travel-Prog 20
Visa Global B2B Virtual Payments-Program 21	Visa Global B2B Virtual CommercialChoice Travel-Prog 21
Visa Flexible Rate B2B Virtual Payments-Program 1	Visa Flexible Rate B2B CommercialChoice Omni-Prog 1
Visa Flexible Rate B2B Virtual Payments-Program 2	Visa Flexible Rate B2B CommercialChoice Omni-Prog 2
Visa Flexible Rate B2B Virtual Payments-Program 3	Visa Flexible Rate B2B CommercialChoice Omni-Prog 3
Visa Flexible Rate B2B Virtual Payments-Program 4	Visa Flexible Rate B2B CommercialChoice Omni-Prog 4
Visa Flexible Rate B2B Virtual Payments-Program 5	Visa Flexible Rate B2B CommercialChoice Omni-Prog 5
Visa Flexible Rate B2B Virtual Payments-Program 6	Visa Flexible Rate B2B CommercialChoice Omni-Prog 6
Visa Flexible Rate B2B Virtual Payments-Program 7	Visa Flexible Rate B2B CommercialChoice Omni-Prog 7
Visa Flexible Rate B2B Virtual Payments-Program 8	Visa Flexible Rate B2B CommercialChoice Omni-Prog 8
Visa Flexible Rate B2B Virtual Payments-Program 9	Visa Flexible Rate B2B CommercialChoice Omni-Prog 9
Visa Flexible Rate B2B Virtual Payments-Program 10	Visa Flexible Rate B2B CommercialChoice Omni-Prog 10
Visa Flexible Rate B2B Virtual Payments-Program 11	Visa Flexible Rate B2B CommercialChoice Omni-Prog 11
Visa Flexible Rate B2B Virtual Payments-Program 12	Visa Flexible Rate B2B CommercialChoice Omni-Prog 12
Visa Flexible Rate B2B Virtual Payments-Program 13	Visa Flexible Rate B2B CommercialChoice Omni-Prog 13
Visa Flexible Rate B2B Virtual Payments-Program 14	Visa Flexible Rate B2B CommercialChoice Omni-Prog 14
Visa Flexible Rate B2B Virtual Payments-Program 15	Visa Flexible Rate B2B CommercialChoice Omni-Prog 15
Visa Flexible Rate B2B Virtual Payments-Program 16	Visa Flexible Rate B2B CommercialChoice Omni-Prog 16
Visa Flexible Rate B2B Virtual Payments-Program 17	Visa Flexible Rate B2B CommercialChoice Omni-Prog 17
Visa Flexible Rate B2B Virtual Payments-Program 18	Visa Flexible Rate B2B CommercialChoice Omni-Prog 18
Visa Flexible Rate B2B Virtual Payments-Program 19	Visa Flexible Rate B2B CommercialChoice Omni-Prog 19
Visa Flexible Rate B2B Virtual Payments-Program 20	Visa Flexible Rate B2B CommercialChoice Omni-Prog 20
Visa Flexible Rate B2B Virtual Payments-Program 21	Visa Flexible Rate B2B CommercialChoice Omni-Prog 21

_{Published June 14, 2024 | P2023.2309}

New spend qualified indicator (SQI) values have been added by Visa seen in the table below. These SQI values will identify the spend tier in support of the spend qualification processing for small business product cards issued in the United States (U.S.) and Puerto Rico.

As a result, you may notice a new SQI value in your transactions but there will be no change in rates.

Table – Visa New SQI Values for Small Business Products Cards

New SQI Values	Description
1	Tier 1 spend assessment threshold defined by Visa has been met
2	Tier 2 spend assessment threshold defined by Visa has been met
3	Tier 3 spend assessment threshold defined by Visa has been met
4	Tier 4 spend assessment threshold defined by Visa has been met
5	Tier 5 spend assessment threshold defined by Visa has been met

_{Published April 15, 2024 | P2023.1852}

CVV2s should not be used for tokenized transactions. Visa will perform a validation with the designated CVV2 parameters if it is used. This validation my only be performed b configured card issuers and not by Visa. Unsuccessful validations may result in a Not Process (P) authorization decline response.

This process is for a transitional period only and may be discontinued at any time.

_{Published April 15, 2024 | P2023.2278}

On September 25, 2024, Visa will discontinue support for EMV 3DS 2.1.0 and you will not be able to authenticate these transactions through Visa Secure.

Please contact your service provider to ensure you are using EMV 3DS 2.2.0.

_{Published June 14, 2023 | P2022.1505; P2023.1557; P2024.1780}

Last July 19, 2024, Visa began declining cross-border transactions of India-issued cards with the following gambling merchant category codes (MCCs):

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

_{Published August 15, 2024 | P2024.0636}

Update: Effective June 14, 2024, Visa will introduce a processing block for transactions with additional prohibited merchant category codes (MCCs) and transactions with limited-in-amount MCCs exceeding 5,000 USD. Visa has also added MCCs to the prohibited and restricted categories which you will find in Tables 1 and 2:

Additional Prohibited MCCs: 5723, 6400, 6536, 6537, 6538, 6540, 6611, 7800, 7801, 7802, 9406, 9498, 9793, 9999
Additional Restricted MCCs: 3880, 5262, 5398, 5961, 7013

On June 9, 2024, Visa will begin declining all domestic and cross-border transactions greater than or equal to 5,000 USD for Mainland China-based users with restricted MCCs, as outlined in Table 2.

Visa will block all domestic and cross-border transactions to issuers based in Mainland China. Specifically, transactions with merchant category codes (MCCs) indicating country code 156 (Mainland China), and in the categories listed below are affected:

Table 1 – Visa Fully Prohibited MCCs in Mainland China effective January 19, 2024

MCC	MCC Description
0763	Agricultural Co-operatives
4829	Money Transfer
5723² (Effective June 14, 2024)	Gun and Ammunition Stores
6012	Financial Institutions – Merchandise, Services, and Debt Repayment
6050¹	Quasi Cash-Member Financial Institution
6051	Non-Financial Institutions – Foreign Currency, Liquid and Cryptocurrency Assets (for example: Cryptocurrency), Money Orders (Not Money Transfer), Account Funding (not Stored Value Load), Travelers Cheques, and Debt Repayment
6211	Security Brokers/Dealers
6400¹ (Effective June 14, 2024)	China UnionPay Quick Pass App related business
6529¹	Remote Stored Value Load-Member Financial Institution
6530¹	Remote Stored Value Load
6531¹	Payment Service Provider-Money Transfer
6532¹	Payment Transaction - Member Financial Institution
6533¹	Payment Transaction - Merchant
6534¹	Money Transfer-Member Financial Institution
6535¹	Value Purchase–Member Financial Institution
6536¹ (Effective June 14, 2024)	Money Transfer Intra-country
6537¹ (Effective June 14, 2024)	Money Transfer Inter-country
6538¹ (Effective June 14, 2024)	Money Transfer Transaction
6540 (Effective June 14, 2024)	Non-Financial Institutions – Stored Value Card Purchase/Load
6611¹ (Effective June 14, 2024)	Overpayments
7800 (Effective June 14, 2024)	Government-Owned Lotteries (US Region only)
7801 (Effective June 14, 2024)	Government Licensed On-Line Casinos (On-Line Gambling) (US Region only)
7802 (Effective June 14, 2024)	Government-Licensed Horse/Dog Racing (US Region only)
7995	Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting, Wagers at Racetracks, and games of chance to win prizes of monetary value
9406¹ (Effective June 14, 2024)	Government-Owned Lotteries (Non-U.S. region)
9498¹ (Effective June 14, 2024)	Credit card bill payment
9793¹ (Effective June 14, 2024)	Promotion Cash Back
9999¹ (Effective June 14, 2024)	Other Payments

Table 2 – Visa Restricted MCCs in Mainland China effective June 14, 2024

MCC	MCC Description
0743¹	Wine producers
0744¹	Champagne producers
1520	General Contractors – Residential and Commercial
1740	Masonry, Stonework, Tile Setting, Plastering and Insulation Contractors
1750	Carpentry Contractors
1761	Roofing, Siding, and Sheet Metal Work Contractors
1771	Concrete Work Contractors
1799	Special Trade Contractors (Not Elsewhere Classified)
2741	Miscellaneous Publishing and Printing
2791	Typesetting, Plate Making and Related Services
2842	Specialty Cleaning, Polishing and Sanitation Preparations
3880	Homestead Suites
4011	Railroads
4214	Motor Freight Carriers and Trucking – Local and Long Distance, Moving and Storage Companies, and Local Delivery Services
4225	Public Warehousing and Storage – Farm Products, Refrigerated Goods, Household Goods, and Storage
4468	Marinas, Marine Service, and Supplies
4582	Airports, Flying Fields, and Airport Terminals
5013	Motor Vehicles Supplies and New Parts
5021	Office and Commercial Furniture
5039	Construction Materials (Not Elsewhere Classified)
5044	Photographic, Photocopy, Microfilm Equipment and Supplies
5045	Computers and Computer Peripheral Equipment and Software
5046	Commercial Equipment (Not Elsewhere Classified)
5047	Medical, Dental, Ophthalmic and Hospital Equipment and Supplies
5051	Metal Service Centers and Offices
5065	Electrical Parts and Equipment
5072	Hardware, Equipment and Supplies
5074	Plumbing and Heating Equipment and Supplies
5085	Industrial Supplies (Not Elsewhere Classified)
5094	Precious Stones and Metals, Watches and Jewelry
5099	Durable Goods (Not Elsewhere Classified)
5111	Stationery, Office Supplies, Printing and Writing Paper
5122	Drugs, Drug Proprietaries, and Druggist Sundries
5131	Piece Goods, Notions, and Other Dry Goods
5137	Men’s, Women’s, and Children’s Uniforms and Commercial Clothing
5139	Commercial Footwear
5169	Chemicals and Allied Products (Not Elsewhere Classified)
5172	Petroleum and Petroleum Products
5192	Books, Periodicals and Newspapers
5193	Florists Supplies, Nursery Stock and Flowers
5198	Paints, Varnishes and Supplies
5199	Nondurable Goods (Not Elsewhere Classified)
5211	Lumber and Building Materials Stores
5262	Marketplaces
5398	Wholesales In Large-Scale Enterprise
5551	Boat Dealers
5599	Miscellaneous Automotive, Aircraft, and Farm Equipment Dealers (Not Elsewhere Classified)
5715¹	Alcoholic Beverage Wholesalers
5960	Direct Marketing – Insurance Services
5961	Mail Order Houses Including Catalog Order Stores Book/Record Club
6300	Insurance Sales, Underwriting, and Premiums
6381¹	Insurance Premiums
6399¹	Insurance, Not Elsewhere Classified
7013	Real Estate Agent/Broker
7311	Advertising Services
7321	Consumer Credit Reporting Agencies
7322	Collection Agencies
7333	Commercial Photography, Art, and Graphics
7361	Employment Agencies and Temporary Help Services
7372	Computer Programming, Data Processing, and Integrated Systems Design Services
7375	Information Retrieval Services
7379	Computer Maintenance, Repair and Services (Not Elsewhere Classified)
7392	Management, Consulting, and Public Relations Services
7399	Business Services (Not Elsewhere Classified)
7829	Motion Picture and Video Tape Production and Distribution
7993	Video amusement Game Supplies
7997	Membership Clubs (Sports, Recreation, Athletic), Country Clubs, and Private Golf Courses
8111	Legal Services and Attorneys
8398	Charitable Social Service Organizations
8641	Civic, Social, and Fraternal Associations
8651	Political Organizations
8661	Religious Organizations
8911	Architectural, Engineering, and Surveying Services
8931	Accounting, Auditing, and Bookkeeping Services
8999	Professional Services (Not Elsewhere Classified)
9405	U.S. Federal Government Agencies or Departments
9950	Intra-Company Purchases

_{1. Not a Visa MCC. Decline response code and message reason code for non-Visa MCCs will be the same as declines for prohibited category Visa MCCs.

2. MCC 5723 applies only to merchant locations that are covered under California Law and which are located in the U.S. and in the state of California.}

_{Updated June 15, 2024 | P2024.0922, P2024.0631

Updated May 15, 2024 | P2023.1847u2

Updated March 15, 2024 | P2023.1847u1

Published December 15, 2023 | P2023.1847}

On April 13, 2024, Visa will make the following changes to their authorization response codes.

Table – Visa Authorization Response Codes Updates

Response Code

Code Meaning

Updates

No credit account

Will be reclassified under Category 2–Issuer Cannot Approve at This Time.

No checking account

No savings account

Invalid account [no such number]

Will be removed from Category 3–Data Quality and will remain solely under Category 1 – Issuer will Never Approve.

As a Category 1, do not reattempt an authorization request after a decline.

_{Published May 15, 2024 | P2024.0192}

Effective July 1, 2024, only Payment Card Industry Data Security Standard (PCI DSS) v4 validation documents will be accepted by the Visa Network. To ensure validation documents are accepted by Visa, you are encouraged to begin using the PCI DSS v4 as early as April 1, 2024 when the current version 3.2.1 is retired.

Please visit the PCI Council website for more information.

_{Published September 15, 2023 | P2023.1230}

In 2024, Visa will no longer support the Cardholder Verification Method (CVM) offline plaintext PIN in unattended cardholder activated terminals (UCAT). The following updates to Visa Rules will apply to all countries except Japan.

Effective Date	Update
January 1, 2024	New UCAT devices will not support (CVM) offline plaintext PIN
January 1, 2025	All UCAT devices will not support (CVM) offline plaintext PIN

_{Published December 15, 2023 | P2023.1491}

Beginning November 1, 2023, Visa will no longer accept interim or static transaction IDs. Please submit a valid transaction ID with every merchant-initiated transaction including recurring, unscheduled and installment transactions to avoid declines.

Please visit our Developer Center for the complete specifications required to submit valid transaction IDs.

_{Published August 15, 2023 | P2023.1028}

Mastercard®

Beginning May 1, 2025, merchants utilizing a Merchant Payment Gateway (MPG)¹ will be required to send the MPG Identifier (MPG ID) for Mastercard card-not-present authorizations and non-financial transactions (e.g., account verification and balance inquiry) to avoid non-compliance fees. Mail order/telephone order (MOTO) authorizations are exempt from this.

In preparation for future compliance mandates, Mastercard recommends including the MPG ID on card-present authorizations as well.

Please work with your vendor/service provider to ensure the MPG ID field is populated in authorizations prior to May 1, 2025. Please refer to the Developer Center for current Chase technical specifications.

_{1. An MPG is a Mastercard registered service provider that captures and sends transaction data to an acquirer, on behalf of a merchant, for processing. The MPG ID is a unique ID provided by Mastercard for each registered MPG. With the MPG ID, merchants will benefit from higher approval rates, lower fraud, and improved compliance with Mastercard Standards.}

_{Published December 13, 2024 | 2022.1533, P2022.0738, P2022.1244}

Starting March 1, 2025, a null or blank Business Application Identifier (BAI) field for funding transactions may be assessed a non-compliance fee. To prevent this, make sure to provide a valid identifier on the BAI field for all transactions under the following merchant category codes:

4829 (Money Transfer)
6538 (Funding Transaction for MoneySend)
6540 (Funding Transactions)

Please visit our Developer Center for the complete specifications required on these data integrity monitoring edits.

_{Published December 13, 2024 | P2022.0739a}

Mastercard no longer requires unattended point-of-sale (POS) terminals identified with any of the below merchant category codes (MCCs) to provide a receipt at the time of transaction:

MCC 4111 (transportation: suburban and local commuter passenger, including ferries)
MCC 4112 (passenger railways)
MCC 4131 (bus lines)
MCC 4784 (bridge and road fees, tolls)
MCC 4789 (transportation services: not elsewhere classified)
MCC 7523 (automobile parking lots and garages)

This is allowed provided that there is clear disclosure on how a cardholder may obtain the receipt at a later time. For example, a QR code may be displayed linking to a website address where the cardholder may enter their card’s PAN to access their transaction receipt. Any such means involving the transmission, storage, or processing card data must comply with the Payment and Card Industry Data Security Standard (PCI DSS).

_{Published October 15, 2024 | P2024.1542}

Effective October 18, 2024, Mastercard will be prohibiting credit card issuers from generating a cardholder dispute chargeback for automated fuel dispenser (AFD) transactions for chargeback reason code 4853 – Defective/Not as Described. This revision of the chargeback standard will apply to Mastercard transactions at AFDs with the card acceptor business code (MCC) 5542 (Fuel Dispenser, Automated).

AFDs in the region of Europe are excluded from this change.

_{Published August 15, 2024 | P2024.0119}

While Mastercard continues to encourage the adoption of digital transaction receipts, please take note of the revised standards for transaction receipts outlined below that are only applicable to card-present merchants.

I . Outside the Europe Region

A paper receipt must be offered to cardholders. Digital receipts are optional and may also be offered. The receipt standards for mobile point-of-sale (MPOS) terminals remain unchanged.

II. Europe Region

Offering digital receipts are encouraged, while paper receipts are not required. Cardholders that request a receipt must be provided with either a paper or digital receipt
If a paper cash register receipt, tax invoice, or other type of receipt is provided, then it is not required to offer an additional paper point-of-sale (POS) terminal receipt
Transaction receipt standards for merchants in France remain unchanged
Paper receipts must still be offered for the following cases:
- If the merchant requires a paper receipt for a refund
- If a merchant applies a restrictive return or exchange policy, it must offer a paper receipt on which the policy is stated
- If a paper receipt is required for legal reasons, for example, to document a warranty

III. All Regions

When a digital receipt is offered, the cardholder must be informed of any required additional personal data and steps to access the receipt
Cardholder personal data must only be processed for the purpose of making the receipt available
The receipt must be immediately available
The merchant copy of the transaction receipt may be stored and provided in digital form

_{Published June 14, 2024 | P2024.0903}

Mastercard is revising their standards to clarify that they may, directly or through their partners, use your business’ logos and public information on their digital apps and websites, including:

physical business location
contact information
sales policies

Visit Mastercard’s Logo Microsite to update your business’ logo, address, contact information, sales policies and to learn more about how these revisions may affect your business.

An added provision also states that when you have believe that any use of your business logo is inconsistent with your standards, you may contact Mastercard through us, or at their logo microsite and they will modify their usage of your logo to conform to those standards. You may also request the withdrawal of your business logo.

_{Published March 15, 2024 | P2024.0013}

On November 5, 2024, Mastercard will introduce merchant advice code (MAC) value 43 for consumer multi-use Virtual Card Number. The new MAC value will be used for both approved and declined Account Status Inquiry (ASI) transactions.

_{Published June 14, 2024 | P2024.0767}

Mastercard Directory Server Transaction IDs must be submitted when qualifying a transaction into clearing and must match the ID received during 3DS authentication.

Visit our Developer Center for the required specifications to include Mastercard Directory Server Transaction IDs during clearing and avoid possible non-compliance fees.

_{Published May 15, 2024 | P2023.0754}

Starting April 12, 2024, Mastercard’s refund transaction authorization will be valid for 5 calendar days from the approval date, while the refund transaction must be submitted for clearing within 5 calendar days of the refund transaction date.

_{Published March 15, 2024 | P2023.1830}

Starting April 1, 2024, card issuers are no longer required to issue Mastercard credit cards with magnetic stripes. Please work with your POS terminal providers to ensure you can accept chip-only cards.

_{Published March 15, 2024 | P2021.0951}

Mastercard will implement the changes below to their chargeback rules starting April 12, 2024.

The following late-presentment chargebacks are moving from the point-of-interaction error category to the authorization-related chargeback category:
- Payment transaction clearing submission timeframes
- Contactless transit aggregated transactions
- Refund transactions
The offline chip-approved transaction clearing timeframe will be added to the authorization-related chargeback category
The late-presentment chargeback will be removed from the point-of-interaction error category
Removal of the 21-calendar day exception in order to accumulate purchase transaction records completed with manually recorded card data

_{Published February 15, 2024 | P2023.2265}

On November 7, 2023, Mastercard will introduce the following merchant advice codes (MACs) in authorization responses for specific card products:

MAC 40 – for consumer non-reloadable prepaid card
MAC 41 – for consumer single-use virtual card number

If you accept these card products as payment for card-not-present (CNP) transactions, especially for subscription services, please inform your customers to add an alternate payment source to ensure uninterrupted service and avoid the risk of insufficient funds or expired cards. This will help improve your CNP approval rates for recurring charges.

_{Published October 13, 2023 | P2023.0667}

American Express®

Effective April 12, 2024, merchants whose fraud performance level meets or exceeds the Low or High Tier Program threshold set in the table below will be placed in the Fraud Full Recourse (FFR) Program.

Merchants will be moved from the Low Tier to the High Tier program if they meet or exceed the High Tier thresholds. Those in the High Tier program will stay until they are removed. In order to be removed from the FFR program, and have fraud liability reinstated, the fraud performance levels must fall below either of the following thresholds:

A fraud-related dispute to gross charges ratio below 0.9% per month for three consecutive months, or
Fraud-related dispute amount below 25,000 USD per month for three consecutive months

Table – American Express Low Tier and High Tier Program Threshold

Program Tier

Fraud Performance Level

Program Threshold

Low

Monthly Fraud to Gross¹ (FTG) charges are equivalent or greater than 0.9%, and

Have fraud-related disputes with a minimum of 25,000 USD in a one-month period.

Following the date of notice, you must reduce your fraud performance levels below the Low Tier Program threshold for three consecutive calendar months. Otherwise, you will be subject to FFR chargebacks and no longer qualify for fraud liability shift.

High

Monthly FTG¹ charges are equivalent or greater than 1.8%, and

Have fraud-related disputes with a minimum of 50,000 USD in a one-month period.

Following the date of notice, you will be subject to FFR chargebacks and will no longer qualify for fraud liability shift.

_{1. Fraud to Gross (FTG) means the ratio of fraudulent transactions as compared to total charge volume in a single month, provided that both volume amounts are in the same currency.}

_{Published March 15, 2024 | P2023.1937}

American Express OptBlue^® made changes to the supporting documents and requirements needed for a chargeback reversal request on the types of chargebacks in the below table.

Table – Cardholder Dispute Chargebacks

Cardholder Dispute Chargebacks

Requirements for Chargeback Reversal

Chargeback Time Frame

Credit not processed

If no credit (or only partial credit) is due, a written explanation on why credit is not due along with applicable documents to support the claim, or

Proof that a credit has been processed that directly nullifies the disputed charge.

120 days from the date AMEX processes the original transaction, or

120 days from the date of your written acknowledgement of credit due, or

120 days from the date that the goods or services were canceled, refused, or returned by the cardholder.

Goods/services returned or refused

If returned:

A copy of your return policy, an explanation of your procedures for disclosing it to the cardholder and a detailed explanation on how the cardholder did not follow the return policy or did not return the goods to you, or

A copy of the charge record indicating the terms and conditions of the purchase with a detailed explanation on how the cardholder did not follow the policy.

120 days from the date AMEX processes the original transaction, or

120 days from the date of your written acknowledgement of credit due, or

120 days from the date that the goods or services were canceled, refused, or returned by the cardholder.

If goods/services refused:

Proof that the goods or services were accepted (e.g. signed delivery slip, screen shot showing the use of the service), or

Proof that a credit has been processed that directly nullifies the disputed charge.

Goods/services canceled

A copy of your cancellation policy, an explanation of your procedures for disclosing it to the cardholder and details explaining how the cardholder did not follow the cancellation policy, or

A copy of the charge record indicating the terms and conditions of the purchase and details explaining how the cardholder did not follow the policy, or

Proof that a credit has been processed that directly nullifies the disputed charge.

120 days from the date AMEX processes the original transaction, or

120 days from the date of your written acknowledgement of credit due, or

120 days from the date that the goods or services were canceled, refused, or returned by the cardholder.

Goods/services not received or only partially received

Proof that the goods or services were received in their entirety by the cardholder or the cardholder’s authorized representative, or

Proof that the goods or services were delivered to the address specified by the cardholder, or

Completion of work order approved in writing by the cardholder showing that the cardholder received the services and dates that the services were used/provided, or

Proof disproving the cardholder’s claim that services were canceled or that the goods were returned to you, or

Proof that a credit has been processed that directly nullifies the disputed charge.

Compelling evidence as defined in subsection 16.5.1, “Compelling Evidence for Goods/Services Not Received or Only Partially Received” in the American Express OptBlue^® operating manual for U.S., April 2024 edition.

120 days from the date AMEX processes the original transaction, or

120 days from one of the below (whichever occurred first):

From the expected date of receipt of the goods and services (e.g. entertainment performance), or

From the date the cardholder becomes aware that the goods and services would not be provided, not to exceed 540 days from the date AMEX processes the original transaction (e.g. entertainment performance cancellation).

Paid by other means

Documentation showing that the cardholder’s other form of payment was not related to the disputed charge, or

Proof that the cardholder provided consent to use the card as a valid form of payment for the disputed charge, or

Proof or an explanation that the other form of payment is not valid or that you did not receive payment from a third party for the same goods or services, or

Proof that a credit has been processed that directly nullifies the disputed charge.

120 days

“No show” or CARDeposit canceled

Documentation that supports the validity of the “No show” reservation or CARDeposit charge, or

Proof that a credit has been processed that directly nullifies the disputed charge.

120 days from the date AMEX processes the original transaction, or

120 days from the date of your written acknowledgement of credit due, or

120 days from the date that the goods or services were canceled, refused, or returned by the cardholder.

Cancellation of recurring goods/ services

Proof that the cardholder has not canceled and continues to use the service or receives the goods, and a copy of your cancellation policy, an explanation of your procedures for disclosing it to the cardholder, and details explaining how the cardholder did not follow the cancellation policy. For charges in connection with an introductory offer, proof that you have fulfilled the requirements set forth in the section entitled “Introductory Offers” in the American Express merchant operating guide, or

Proof that a credit has been processed that directly nullifies the disputed charge.

120 days from the date AMEX processes the recurring transaction under dispute.

Goods/services not as described

Proof disproving the cardholder’s claim that the written description differs from the goods/services received, or

Proof that the cardholder agreed to accept the goods/services as provided, or

Proof that a credit has been processed that directly nullifies the disputed charge.

Proof that goods and services matched what was described at the time of purchase (e.g. photographs, e-mails).

120 days from the date AMEX processes the original transaction, or

120 days from the date of receipt of goods or services.

Goods/services damaged or defective

Proof disproving the cardholder’s claim that the goods/services were damaged or defective (provided that, in the case of goods, they were not returned to you), or

Proof that an attempt was made to repair or replace damaged or defective goods or to provide replacement services, or

Proof that the cardholder did not comply with your clearly documented cancellation, return policy or applicable law (provided that, in the case of goods, they were returned to you), or

Proof that the cardholder agreed to accept the goods as delivered, or

Proof that the goods/services were not returned to you, or

Proof that a credit has been processed that directly nullifies the disputed charge.

Either 120 days from the date AMEX processes the original transaction, or

120 days from the date of receipt of goods or services.

Vehicle rental – capital damages, theft or loss of use

Proof that the charge submitted was within the specific estimate of the capital damages agreed in writing by the cardholder, plus 15%.

Proof refuting cardholder’s claim that they were covered by your insurance (i.e. rental agreement evidencing cardholder’s waiver of insurance or documentation that shows the cardholder purchased insurance that was not sufficient to pay for the capital damages).

Proof that the charge was valid and not for theft or loss of use.

Proof that the cardholder agreed in writing to accept liability for the capital damages.

Proof that a credit has been processed that directly nullifies the disputed charge.

120 days

_{Published February 15, 2024 | P2023.1935}

All Networks

Discover will enable web browsers to enhance autofill with tokens and virtual card numbers (VCNs). With this change, web browsers may replace primary account numbers (PAN) with e-commerce tokens and/or VCNs. These browsers may also replace the token expiration date, as well as a three-digit dynamic security code that is randomly generated by Discover.

Cardholders will be able to utilize tokens/VCNs in web browsers that offer auto/form-fill features, including population of cardholder name, shipping/billing addresses, and payment credentials. If needed, cardholders will still be able to utilize their PAN in web browsers.

Please assess if your business is prepared to accept tokens for purchases.

If you choose not to accept tokens through a browser, you may send an email to merchant.support@chase.com with the following information:

Merchant ID or company number
Business name
First and last name of requestor
Discover merchant number
Merchant URLs for sites that include your payment credential entry forms:
Merchant App Package/Bundle IDs (for Android or iOS applications, if applicable)
Token Autofill preference (choose one):
- Opt-out for token autofill
- Opt-in for token autofill (this option should only be used if URL/app package name was previously opted out)

_{Published November 15, 2024 | P2024.0458}

Discover now requires the card acceptor terminal identification code to be submitted in the authorization request. The required point-of-sale (POS) entry modes and their definitions are listed below.

Table – Discover Card Acceptor Terminal Identification Codes

POS Entry Mode	Definition
01	Manual/Keyed
02	Magnetic Stripe
03	Bar Code/Payment Code
05	Integrated Circuit Card Reader
81	Radio Frequency Identification Indicator - Magnetic Stripe
83	Radio Frequency Identification Indicator - Chip
85	Chip Fallback
86	Contactless Interface

_{Published August 15, 2024 | P2023.0627}

Effective January 26, 2024, you can no longer apply a surcharge to Interac in-app and in-browser e-commerce transactions. Additionally, Interac will implement the following surcharge requirements for Interac Debit and Flash POS transactions:

The surcharge amount for the use of Interac Debit can never exceed $0.25 per transaction
If debit services for more than one payment network are offered at a POS device, a surcharge for Interac Debit may only be applied when another payment network also applies. Also, it should not exceed another networks’ surcharge amount

_{Published August 15, 2023 | P2023.0336}

Rate Codes

Rate Code	Long Fee Name	Short Fee Name
MHAV	MCInterregional Consumer Rate 1 Digital Commerce - Core	InterConsRate1DigiCommCore
MHAW	MCInterregional Consumer Rate 1 Digital Commerce - Premium	InterConsRate1DigiCommPrem
MHAX	MC Interreg Consumer Rate 1 Digital Commerce - Super Premium	InterConsRate1DigCommSP
MHAY	MCInterregional Consumer Rate 2 Card Present - Core	InterConsRate2CPCore
MHAZ	MCInterregional Consumer Rate 2 Card Present - Super	InterConsRate2CPSuper
MHB1	MCInterregional Consumer Rate 2 Card Present - Super Premium	InterConsRate2CPSuperPrem
MHB2	MCInterregional Consumer Rate 3 Base - Core	InterConsRate3BaseCore
MHB3	MCInterregional Consumer Rate 3 Base - Premium	InterConsate3Base Prem
MHB4	MC Interregional Consumer Rate 3 Card Present Super Premium	InterConsRate3BaseSupPrem
ACDB	AX Canada Foreign-Issued Debit (All Industries)	AXCANFgnIssuedDB-AI
VC59	Visa Canada Consumer Performance Token Card Not Present - Canada	CanConsPerfTknCNP-CAD
VC60	Visa Canada Consumer Performance Token Card Not Present - International	CanConsPerfTknC-INT
VC57	Visa Canada Consumer Performance Infinite Token Card Not Present - Canada	CanConsPITknCNP-CAD
VC58	Visa Canada Consumer Performance Infinite Token Card Not Present - International	CanConsPITknCNP-INT
VFE3	Visa Canada Consumer Performance Infinite Privilege Token Card Not Present - Canada	CanConsPIPTKCNP-CAD
VFE4	Vi Canada Consumer Performance Infinite Privilege Token Card Not Present -International	CanConsPIPTKCNP-INT
VC55	Visa Canada Consumer Token Card Not Present - Canada	CanConsTokenCNP -CAD
VC56	Visa Canada Consumer Token Card Not Present - International	CanConsTokenCNP- INT
VFE1	Visa Canada Consumer Infinite Token Card Not Present - Canada	CanConsInfTknCNP-CAD
VFE2	Visa Canada Consumer Infinite Token Cared Not Prsent- International	CanConsInfTknCNP-INT
VFD9	Visa Canada Consumer Infinite Privilege Token Card Not Present - Canada	CanConsInfPTCNP-CAD
VFD0	Visa Canada Consumer Infinite Privilege Token Card Not Present - International	CanConsInfPTCNP-INT
VB37	Visa Canada Consumer Token Recurring Payment - Canada	CanConsTknRCP-CAD
VB38	Visa Canada Consumer Token Recurring Payment - International	CanConsTknRCP-INT
VFD7	Visa Canada Consumer Infinite Token Recurring Payment - Canada	CanConsInfTknRCP-CAD
VFD8	Visa Canada Consumer Infinite Token Recurring Payment - International	CanConsInfTknRCP-INT
VFD5	Vi Canada Consumer Infinite Privilege Token Recurring Payment - Canada	CanConsInfPrvlgTknRCP-CAD
VFD6	Visa CA Consumer Infinite Privilege Token Recurring Payment -International	CanConsInfPvlgTknRCP-INT
ACUF	Canada USD Settlement Foreign Issued Debit	CAN USD Settlement Foreign Issued Debit
ACUS	Canada USD Settlement for Credit	CAN USD Settlement Credit
VS24	VISA Canada Corporate & Purchasing Large Ticket Tier 1- NATL	VICANCorpPurchLgeTktTier1Natl
VS25	VISA Canada Corporate & Purchasing Large Ticket Tier 1- INT	VICANCorpPurchLgeTktTier1Int
VS26	VISA Canada Corporate & Purchasing Large Ticket Tier 2- NATL	VICANCorpPurchLgeTktTier2 Natl
VS27	VISA Canada Corporate & Purchasing Large Ticket Tier 2 - INT	VICANCorpPurchLgeTktTier2Int
VA8A	Visa Global B2B Virtual Payments-Program 8	VI Global B2BVirPymntsProg8
VA9A	Visa Global B2B Virtual Payments-Program 9	VI Global B2BVirPymntsProg9
VB1A	Visa Global B2B Virtual Payments-Program 10	VI Global B2BVirPymntsProg10
VB2A	Visa Global B2B Virtual Payments-Program 11	VI Global B2BVirPymntsProg11
VB3A	Visa Global B2B Virtual Payments-Program 12	VI Global B2BVirPymntsProg12
VB4A	Visa Global B2B Virtual Payments-Program 13	VI Global B2BVirPymntsProg13
VB5A	Visa Global B2B Virtual Payments-Program 14	VI Global B2BVirPymntsProg14
VB6A	Visa Global B2B Virtual Payments-Program 15	VI Global B2BVirPymntsProg15
VB7A	Visa Global B2B Virtual Payments-Program 16	VI Global B2BVirPymntsProg16
VB8A	Visa Global B2B Virtual Payments-Program 17	VI Global B2BVirPymntsProg17
VB9A	Visa Global B2B Virtual Payments-Program 18	VI Global B2BVirPymntsProg18
VC1V	Visa Global B2B Virtual Payments-Program 19	VI Global B2BVirPymntsProg19
VC2V	Visa Global B2B Virtual Payments-Program 20	VI Global B2BVirPymntsProg20
VC3V	Visa Global B2B Virtual Payments-Program 21	VI Global B2BVirPymntsProg21
ACE1	AX Canada Emerging Market	AX Canada EM
ACF1	AX Canada Residential Rent	AX Canada RR
ACU1	AX Canada Utilities - Tier 1	AX Canada Healthcare - Tier 1
ACU2	AX Canada Utilities - Tier 2	AX Canada Healthcare - Tier 2
VA1F	Visa Flexible Rate B2B Virtual Payments-Program 1	VIFlexRateB2BVirPymntsProg1
VA2F	Visa Flexible Rate B2B Virtual Payments-Program 2	VIFlexRateB2BVirPymntsProg2
VA3F	Visa Flexible Rate B2B Virtual Payments-Program 3	VIFlexRateB2BVirPymntsProg3
VA4F	Visa Flexible Rate B2B Virtual Payments-Program 4	VIFlexRateB2BVirPymntsProg4
VA5F	Visa Flexible Rate B2B Virtual Payments-Program 5	VIFlexRateB2BVirPymntsProg5
VA6F	Visa Flexible Rate B2B Virtual Payments-Program 6	VIFlexRateB2BVirPymntsProg6
VA7F	Visa Flexible Rate B2B Virtual Payments-Program 7	VIFlexRateB2BVirPymntsProg7
VA8F	Visa Flexible Rate B2B Virtual Payments-Program 8	VIFlexRateB2BVirPymntsProg8
VA9F	Visa Flexible Rate B2B Virtual Payments-Program 9	VIFlexRateB2BVirPymntsProg9
VB1F	Visa Flexible Rate B2B Virtual Payments-Program 10	VIFlexRateB2BVirPymntsProg10
VB2F	Visa Flexible Rate B2B Virtual Payments-Program 11	VIFlexRateB2BVirPymntsProg11
VB3F	Visa Flexible Rate B2B Virtual Payments-Program 12	VIFlexRateB2BVirPymntsProg12
VB4F	Visa Flexible Rate B2B Virtual Payments-Program 13	VIFlexRateB2BVirPymntsProg13
VB5F	Visa Flexible Rate B2B Virtual Payments-Program 14	VIFlexRateB2BVirPymntsProg14
VB6F	Visa Flexible Rate B2B Virtual Payments-Program 15	VIFlexRateB2BVirPymntsProg15
VB7F	Visa Flexible Rate B2B Virtual Payments-Program 16	VIFlexRateB2BVirPymntsProg16
VB8F	Visa Flexible Rate B2B Virtual Payments-Program 17	VIFlexRateB2BVirPymntsProg17
VB9F	Visa Flexible Rate B2B Virtual Payments-Program 18	VIFlexRateB2BVirPymntsProg18
VFC1	Visa Flexible Rate B2B Virtual Payments-Program 19	VIFlexRateB2BVirPymntsProg19
VFC2	Visa Flexible Rate B2B Virtual Payments-Program 20	VIFlexRateB2BVirPymntsProg20
VFC3	Visa Flexible Rate B2B Virtual Payments-Program 21	VIFlexRateB2BVirPymntsProg21
IDF4	Interac Flash - Tier 4	Interac Flash Tier 4
MBTA	MC B2B Product 7 - MTA	MC B2B Prod7 MTA
MBTB	MC B2B Product 8 - MTB	MC B2B Prod8 MTB
MBTC	MC B2B Product 9 - MTC	MC B2B Prod9 MTC
MBTD	MC B2B Product 10 - MTD	MC B2B Prod10 MTD
MBTE	MC B2B Product 11 - MTE	MC B2B Prod11 MTE
MBTF	MC B2B Product 12 - MTF	MC B2B Prod12 MTF
MBTG	MC B2B Product 13 - MTG	MC B2B Prod13 MTG
MBTH	MC B2B Product 14 - MTH	MC B2B Prod14 MTH
MBTI	MC B2B Product 15 - MTI	MC B2B Prod15 MTI
MBTJ	MC B2B Product 16 - MTJ	MC B2B Prod16 MTJ
MBTK	MC B2B Product 17 - MTK	MC B2B Prod17 MTK
MBTL	MC B2B Product 18 - MTL	MC B2B Prod18 MTL
MBTM	MC B2B Product 19 - MTM	MC B2B Prod19 MTM
MBTN	MC B2B Product 20 - MTN	MC B2B Prod20 MTN
MBTO	MC B2B Product 21 – MTO	MC B2B Prod21 MTO
MBTQ	MC B2B Product 22 - MTQ	MC B2B Prod22 MTQ
MBTR	MC B2B Product 23 - MTR	MC B2B Prod23 MTR
MBTS	MC B2B Product 24 - MTS	MC B2B Prod24 MTS
MBTT	MC B2B Product 25 - MTT	MC B2B Prod25 MTT
MBTU	MC B2B Product 26 - MTU	MC B2B Prod26 MTU
MBTV	MC B2B Product 27 - MTV	MC B2B Prod27 MTV
V982	VI Interregional Super Premium Card Not Present	Visa Inter Super Prem CNP
V984	VI Interregional Premium Card Not Present	Visa Inter Prem CNP
V987	VI Interregional Non-Premium Card Not Present	Visa Inter Non-Prem CNP
V989	VI Interregional Business Card Not Present	Visa Inter Business CNP
V991	VI Interregional Corporate Card Not Present	Visa Inter Corp CNP
V993	VI Interregional Purchasing Card Not Present	Visa Inter Purch CNP
V983	VI Interregional Super Premium Downgrade	Visa Inter Super Prem D'grade
V985	VI Interregional Premium Downgrade	Visa Inter Prem D'grade
V988	VI Interregional Non-Premium Downgrade	Visa Inter Non-Prem D'grade
V990	VI Interregional Business Downgrade	Visa Inter Business D'grade
V992	VI Interregional Corporate Downgrade	Visa Inter Corp D'grade
V994	VI Interregional Purchasing Downgrade	Visa Inter Purch D'grade
V995	VI Interregional Credit Voucher or Return Consumer	Visa Inter Refund Consumer
V996	VI Interregional Credit Voucher or Return Commercial	Visa Inter Refund Commercial
V986	VI Interregional Non-Premium Card Present	Visa Inter Non-Prem CP
MINA	Mastercard Installments Group A-CA	MC Instlmnt CA Grp A
MINB	Mastercard Installments Group B-CA	MC Instlmnt CA Grp B
MINC	Mastercard Installments Group C-CA	MC Instlmnt CA Grp C

For additional Payment Brand related information, please click here.

The information herein includes summaries of select changes, and the changes summarized here are subject to modification by the Card Brands, including Visa® and Mastercard® at any time. This document was prepared for informational use only and does not substitute for the Card Brands, including Visa® and Mastercard® release documentation, or as a substitute for technical/coding specifications. Should there be a conflict between the information contained herein and the actual Card Brands, including Visa® and Mastercard® release documentation or technical/coding specifications, the latter will govern. To ensure you are aware of all requirements applicable to you, the merchant, review all documentation in its entirety. Information in this document has been obtained from sources believed to be reliable, but neither Chase nor any of its affiliates warrant the completeness or accuracy of the information contained herein. If you have franchisees or sub-merchants, they may not be receiving payment brand updates from us. You are responsible for communicating these financial impacts and process changes to your franchisees or sub-merchants.

Any items billed to Chase Paymentech by the Payment Brands in US dollars will be converted and billed to merchants in Canadian dollars.

© 2024 JPMorgan Chase & Co. Member FDIC. Deposits held in non-U.S. branches are not FDIC insured. All rights reserved. The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographical areas. Visit jpmorgan.com/paymentsdisclosure for further disclosures and disclaimers related to this content.

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Payment Brand Changes

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Accept Payments

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Send Payments

INDUSTRIES WE SERVE

Payment Brand Changes

Visa®

April 2025 – Updates to the Domestic OCT Pricing

January 2025 – Debit Fee Program Update

October 2024 – Introducing Small Merchant Interchange Programs

October 2024 – Visa Commercial Omni and Visa Commercial Choice Travel Program New Interchange Rates

April 2024 – Updated Authorization Framework

April 2024 – New Visa Integrity Risk Fee

April 2024 – New Commercial Solutions Fee

April 2024 – New CVV2 Fee

April 2024 – Processing Integrity Program Update

April 2024 – PAN Pass Back Program Fee

August 2023 – New Digital Account Updater Fee

Mastercard®

January 2025 – Revised TPE Program Pricing

November 2024 – M/Chip Deployment Performance Program for POS Supported by a Third-Party Integrator

October 2024 – Small Business Interchange Program

October 2024 – New MOTO Fee

July 2024 – Additional Interchange Rates for the Wholesale Travel Program

April 2024 – Updated Transaction Processing Excellence Program (TPE) Excessive Authorization Attempts

Interac®

November 2024 – Updated Flash Interchange Pricing Structure

November 2024 – Switch Fee Updates

Updated Payment Brand Fees

November 2023 – Updated Payment Brand Fees

Visa®

April 2025 – AFD Authorization Changes

July 2025 – Standing Instruction MITs for Device Tokens

Updates to the Visa Smart Debit/Credit Certificate Authority Annual Key Assessment

Stored Credential Transaction Framework Reminders

VMAAS is now Visa Flexible Credential

Support for EMV 3-D Secure 2.3.1.1 and EMV 3DS Bridging Message Extension​ v2.0

August 2024 – Secure Program Updates

October 2024 – Jurisdictional Use of Account Range

October 2024 – Global Processing Electronic Data Quality Program

August 2024 – Visa Secure SDK Encryption Key Certificate Update

Paper Option Now Allowed for Non-Reloadable Prepaid Cards

Renamed Visa B2B Payment Programs

Small Business Credit Products Issued in Puerto Rico and the U.S.

CVV2 Validation for Tokenized Transactions

September 2024 – EMV 3DS 2.1.0 Support Discontinued

July 2024 – Changes to Transactions Destined to India

June 2024 – Visa blocking certain transactions to Mainland China

April 2024 – Authorization Response Codes Updates

April 2024 – PCI DSS Version 4.0 Implementation

January 2024 – UCAT PIN Updates

November 2023 – Interim Transaction IDs Are Expiring

Mastercard®

May 2025 – Merchant Payment Gateway ID Requirement

March 2025 – Data Integrity Monitoring Edits for Funding Transactions

Revised Standards for Transit and Parking Transaction Receipts ​​

October 2024 – Revised Standards for Chargeback Disputes from Automated Fuel Dispensers

Revised Standards for Transaction Receipts

Revised Standard on Logo and Public Information

November 2024 – New Merchant Advice Code 43

June 2024 – Identity Check 3DS Edits Reminder

April 2024 – Revised Standards for Refund Transactions

April 2024 – Support for Chip Only Cards

April 2024 – Revised Chargeback Rules

November 2023 – New Merchant Advice Codes

American Express®

April 2024 – Low Tier and High Tier Program Thresholds

Updated American Express OptBlue® Chargeback Reversal Regulations

All Networks

Discover Token and Virtual Card Number Transactions Autofill Enhancement

Updates on Discover Card Acceptor Terminal Identification Codes

January 2024 – Interac Surcharge Requirements Updates

Rate Codes

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