Effective April 11, 2025, Visa will update merchant eligibility for their Small Merchant Consumer Credit Interchange Program as part of the program’s annual review. Businesses with an annual processing volume not exceeding $280,000 will qualify for the program. Changes in eligibility to the program may result in new interchange rates, which you will see in your April 2025 billing statement.

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

_{Published March 14, 2025 | P2025.0265}

On April 12, 2025, Visa will introduce the Commercial Enhanced Data Program fee (VISA CEDP FEE) of 0.05%, which will apply to qualified Small Business and Commercial Level 2, Level 3 and Large Ticket (Non-GSA) transactions.

_{Published March 14, 2025 | P2024.1937a}

Effective April 1, 2025, Visa’s Original Credit Transactions (OCT) fee will be updated.

Table – Visa Original Credit Transactions Fee

_{1. Rate per transaction.}

_{Published January 10, 2025 | P2024.1765}

On January 1, 2025, Visa will increase their Misuse of Authorization System fee (VI Misuse of Auth Fee) to $0.153 from $0.093. This fee will be assessed on transactions that do not follow proper authorization procedures, including timely reversals and clearing within the specified timeframe.

_{Published December 13, 2024 | P2024.1860}

Starting January 1, 2025, Visa will update their Base II Transmission fee to $0.0025 from $0.0018.

_{Published November 15, 2024 | P2024.1850}

On January 1, 2025, Visa will apply the assessment of the existing Digital Commerce Services Fee (DCSF) to both approved and declined authorized transactions including account verifications rather than clearing and settlement.

The current DCSF rate of 0.0075% on all card-not-present (CNP) transactions, with a minimum of $0.0075 per transaction remains the same.

_{Published November 15, 2024 | P2024.1859}

Effective October 18, 2024, Visa will introduce a new Small Merchant Supermarket fee program that will apply to Visa consumer credit transactions that meet card-present CPS¹ qualification from eligible merchants.

Transactions with a surcharge amount or transaction fee amount greater than zero are not eligible for this fee program.

Table – Visa New Small Merchant Supermarket Fee Program

_{1. Custom Payment Service.}

_{Published September 13, 2024 | P2024.1210}

Starting October 20, 2024, Visa’s Reporting and Data Transfer Fee will be changed to $0.0004 from $0.0002.

_{Published September 13, 2024}

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

Table 2 – Visa Commercial Omni Program New Interchange Rates

<sub>1. Formerly known as Visa B2B Payments Program
2. Formerly known as Visa Flexible Rate B2B Virtual Program</sub>

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

Update: Visa cancelled the rate changes previously communicated for this update. Rates remain the same.

_{Updated May 15, 2024
Updated April 11, 2024 | P2024.0557
Published March 15, 2024 | P2023.1883}

Effective April 12, 2024, Visa will rename the existing names of small business products issued in the U.S. to align with the global Visa Business credit product names shown in the table below.

Table 1 – New Visa Product Names for Small Business Products Cards

In addition, Visa will utilize the spend qualified indicator (SQI) value to determine the rate of the Business Credit interchange fee programs, instead of the product identifier. The existing rates will remain, please refer to Tables 2-5. This change will apply to the following products:

• Visa Business Credit
• Visa Business Enhanced Credit
• Visa Signature Business Credit
• Visa Infinite Business Credit
• Visa Business Rewards Credit

Table 2 – Updated U.S Domestic Visa Business Credit Travel Interchange Fee Program

Table 3 – Updated U.S Domestic Visa Business Credit Level 2 Interchange Fee Program

Table 4 – Updated U.S Domestic Visa Business Credit Product 1 Interchange Fee Program

Table 5 – Updated U.S Domestic Visa Business Credit Product 2 Interchange Fee Program

_{Note: Through the migration period, you may receive small business credit products transactions without SQI values, these will be assessed with the existing small Business Credit rate based on the product identifier.}

_{Published March 15, 2024 | P2023.1881}

On April 1, 2024, Visa will introduce a Commercial Solutions Fee of 0.01% for any transaction that uses a Small Business or Commercial card.

_{Published March 15, 2024 | P2023.1084}

On April 1, 2024, Visa will introduce a new VI Integrity Risk Fee of 0.10% + $0.10 for high-integrity risk transactions under the following merchant category codes:

• 5967: Direct Marketing - Inbound Teleservices Merchant
• 7273: Dating Services
• 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

_{Published March 15, 2024 | P2023.1076a}

On April 12, Visa will introduce a new Performance Threshold Recurring Telecommunications and Cable fee program¹, with rates outlined below. This interchange fee program will apply to the following consumer credit card products:

• Visa Traditional
• Visa Traditional Rewards
• Visa Signature
• Visa Signature Preferred
• Visa Infinite

Eligible participants will be assigned a unique merchant verification value (MVV) by Visa, which must be submitted with every transaction to qualify. There are no changes to existing Custom Payment Service (CPS) qualification processing rules, including CPS authorization and clearing data requirements. Rates for qualifying U.S. Credit Voucher fee program transactions will remain the same.

Table 1 – Tier 1, Tier 2 and Tier 3 Token Transactions

Table 2 – Tier 1, Tier 2 and Tier 3 Non-Token Transactions

_{1. Visa consumer debit, prepaid card transactions and commercial card transactions are not impacted by these changes.}

_{Published March 15, 2024 | P2023.1884}

On April 13, 2024, Visa will change their standard authorization framework structure to modernize the existing authorization validity¹ and clearing timeframes²:

Table – New Authorization and Clearing Timeframes

<sub>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 a bank has to process completed transactions from the transaction date.
3. Timeframes 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.</sub>

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

Effective April 2024, Visa will start charging a Payment Account Number (PAN) Pass Back Program fee of $0.02 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} 

On April 12, 2025, Mastercard will modify the Variable Interchange Program (VIP) rate for MasterCard B2B VIP Rate 9 – MVI to 2.95% + $0.10 from 1.20% + $60.00. This applies to transactions processed by Chase in the U.S. and initiated with a card issued in the U.S. region.

_{Published March 14, 2025 | P2025.0303}

On April 1, 2025, Mastercard will increase the Credential Continuity Program Fee to $0.09 from $0.03 for each recurring payment authorization processed with outdated cardholder credential.

To avoid fees, please ensure to use the most updated account information for recurring payment authorizations. Account updates are available through Mastercard Automatic Billing Updater or by proactively contacting the cardholder before processing the recurring payment transaction.

_{Published March 14, 2025 | P2025.0404}

On April 12, 2025, Mastercard’s Flex Program, together with new product codes and interchange rates will be put into effect. This is a global commercial credit program that will help businesses expedite business-to-business (B2B) payments with convenience and security through Virtual Card Number (VCN) technology. The program fee is 0.1% per settled transaction and is effective starting 14 April 2025. Interchange rates will also apply under this new program, shown in Table 4.

To qualify for this program, transactions must meet the following criteria:

• Transaction should originate from one of the listed product codes in Table 1
• The merchant must be in one of the supported countries in Table 2
  • Cross-border transactions will be permitted between these countries
  • Domestic transactions will also be allowed in these countries except for Poland and Switzerland
  • All transactions outside these permitted countries will be blocked. Please refer the MC decline reason codes in Table 5
• Mastercard has also introduced transaction thresholds for certain countries. Transactions on card issued from these countries will be declined (Table 5 for decline reason codes) for amounts lower than the threshold in Table 3

Table 1 – Mastercard Commercial B2B Interchange Program Product Codes

Table 2 – Mastercard Flex Program Supported Countries

Table 3 – Mastercard Flex Program Country Transaction Threshold

Table 4 – Mastercard Flex Program Interchange Rates

Table 5 – Mastercard Flex Program Decline Reason Codes

Please visit our Developer Center for the complete Authorization Retry Strategy specification required on specific mapping of decline reason codes.

_{1. Interchange rates for these product codes will be announced at a later date: WAZ, WBA, WBB, WBC, WBD, WBF, WBG, WBH, WBI, WBJ, WBK and WBL.}

_{Published January 10, 2025 | P2024.1492, P2024.1496}

On January 1, 2025, Mastercard will update their Transaction Processing Excellence (TPE) Program fee. This fee is assessed for each additional declined authorization attempt over the following thresholds:

• 10 previously-declined attempts on the same card and same merchant within a 24-hour period; and,
• 35 declined attempts on the same account number, card acceptor and for the same amount within a 30-day period

Unique declines within a 24-hour period count towards the 30-day period threshold.

Table – Mastercard Excessive Authorization Attempts TPE Program Fee Change

_{Published September 13, 2024 | P2022.0594b}

On April 15, 2024, Mastercard will update their Card Network Assessment fee as follows:

Table – Mastercard Card Network Assessment Fee

_{Published March 22, 2024 | P2023.2396}

Starting April 13, 2024, the Mastercard CVC2 Fee will be reinstated at $0.0025 for all card-present transactions.

_{Published March 15, 2024}

On April 15, 2024, Mastercard will introduce an MC Mail Order-Telephone Order (MOTO) fee of 0.015% for every MOTO sales and refund transaction to encourage safe card payment practices. All domestic and cross-border transactions will quality 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 March 15, 2024 | P2023.2388}

Beginning April 15, 2024, Mastercard will extend their Network Access and Brand Usage (NABU) Fee of $0.0295 to the following international authorizations and credit/refund transactions:

Table – Mastercard Extended NABU Fees

<sub>1. Existing fee.
2. New fee; will apply when the merchant is located in the U.S. and the card’s issuing bank is outside of the U.S.</sub>

_{Published March 15, 2024 | P2023.2395}

Effective April 2, 2024, Mastercard will expand their Enterprise Solution Wholesale Travel Program with the addition of the commercial credit interchange rate and product codes listed in Table 1. The existing interchange rates in this program (see Table 2) remain unchanged.

Table 1 – Mastercard New Wholesale Travel Program Interchange Rates for Commercial Credit Transactions

Table 2 – Mastercard Existing Commercial Interchange Rate for Credit Transactions

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

On April 15, 2024, Mastercard will increase their Digital Enablement Fee to $0.40 from $0.20 for card-not-present transactions $1000.00 and above.

Table – Mastercard DEF Rates

_{Published March 15, 2024 | P2021.1177a}

On April 12, 2024, Mastercard’s Infrastructure & Reporting Fee will be increased to $0.0004 from $0.0002.

_{Published March 15, 2024}

On April 11, 2025, American Express will revise their interchange rate for insurance industries.

Table – American Express Revised Interchange Rates

_{Published January 10, 2025 | P2024.2159}

On October 18, 2024, American Express will update their Utilities industry interchange rates listed below.

Table – American Express Utility Industries

_{Published July 15, 2024 | P2024.0759}

On April 12, 2024, American Express will revise their interchange rates listed in the below table.

Table – American Express Revised Interchange Rates

_{Published March 15, 2024 | P2023.1952}

On January 24, 2025, Discover will allow merchants to accept reloadable prepaid cards for debt repayment and assess fees based on the table below. The following MCCs are eligible to accept prepaid cards for debt repayments:

• MCC 6012 – Member Financial Institution – Merchandise/Services
• MCC 6051 – Quasi Cash – Merchant

Table – Discover Debt Repayment Interchange Fees

_{Published November 15, 2024 | P19Q4.428}

Effective April 12, 2024, Discover will only allow the following merchant category codes (MCCs) to qualify for the Consumer Recurring Payments interchange program for credit transactions:

• MCC 4814 – Telecommunications
• MCC 4899 – Cable Services

In addition, the following MCCs listed below will no longer be qualified for the program:

• MCC 5968 – Direct Marketing-Continuity/Subscription
• MCC 7997 – Membership Clubs (Sports, Recreation, Athletic), Country Clubs, and Private Golf Courses
• MCC 8351 – Child Day Care Services

_{Published March 15, 2024 | P2023.1928}

Effective April 12, 2024, Discover will apply the new rates  shown below to transactions qualifying for the Base Submission interchange rate.

Table – Discover Base Submission Rates

_{Published March 15, 2024 | P2023.1925}

On April 1, 2025, PULSE will introduce the following interchange segments to their PIN and PINless debit interchange fee types.

• PULSE PAY Alpha
• PULSE PAY Beta
• PULSE PAY Direct

Applicable interchange fees for these segments are as follows.

Table – PULSE Non-Regulated Debit Interchange Fees

_{Published March 14, 2025 | P2024.2503}

Effective April 1, 2025, NYCE will revise their annual merchant location participation fee to $19.00 from $17.00. This fee is charged per location, e-commerce website and bill payment website. You will see the revised fee in your September 2025 billing statement and succeeding charges every September.

_{Published March 14, 2025 | P2025.0011}

Effective April 1, 2025, CULIANCE will revise their annual merchant location participation fee to $19.00 from $17.00. This fee is charged per location, e-commerce website and bill payment website. You will see the revised fee in your September 2025 billing statement and succeeding charges every September.

_{Published March 14, 2025 | P2025.0010}

On April 12, 2025, Mastercard’s Flex Program, together with new product codes and interchange rates will be put into effect. This is a global commercial credit program that will help businesses expedite business-to-business (B2B) payments with convenience and security through Virtual Card Number (VCN) technology. The program fee is 0.1% per settled transaction and is effective starting 14 April 2025. Interchange rates will also apply under this new program, shown in Table 4.

To qualify for this program, transactions must meet the following criteria:

• Transaction should originate from one of the listed product codes in Table 1
• The merchant must be in one of the supported countries in Table 2
  • Cross-border transactions will be permitted between these countries
  • Domestic transactions will also be allowed in these countries except for Poland and Switzerland
  • All transactions outside these permitted countries will be blocked. Please refer the MC decline reason codes in Table 5
• Mastercard has also introduced transaction thresholds for certain countries. Transactions on card issued from these countries will be declined (Table 5 for decline reason codes) for amounts lower than the threshold in Table 3

Table 1 – Mastercard Commercial B2B Interchange Program Product Codes

Table 2 – Mastercard Flex Program Supported Countries

Table 3 – Mastercard Flex Program Country Transaction Threshold

Table 4 – Mastercard Flex Program Interchange Rates

Table 5 – Mastercard Flex Program Decline Reason Codes

Please visit our Developer Center for the complete Authorization Retry Strategy specification required on specific mapping of decline reason codes.

_{1. Interchange rates for these product codes will be announced at a later date: WAZ, WBA, WBB, WBC, WBD, WBF, WBG, WBH, WBI, WBJ, WBK and WBL.}

_{Published January 10, 2025 | P2024.1492, P2024.1499}

On April 11, 2025, American Express will revise their interchange rate for insurance industries.

Table – American Express Revised Interchange Rates

_{Published January 10, 2025 | P2024.2159}

On March 17, 2025, the following interchange rates will be updated.

Table – Updated Mastercard Interchange Rates

_{Published February 14, 2025}

On January 24, 2025, Discover will allow merchants to accept reloadable prepaid cards for debt repayment and assess fees based on the table below. The following MCCs are eligible to accept prepaid cards for debt repayments:

• MCC 6012 – Member Financial Institution – Merchandise/Services
• MCC 6051 – Quasi Cash – Merchant

Table – Discover Debt Repayment Interchange Fees

_{Published November 15, 2024 | P19Q4.428}

On January 6, 2025, Mastercard will introduce pricing for the Authorization Optimizer Service, previously known as Decline Reason Code Service. This pricing will be applicable to card-not-present (CNP) declined transactions and aims to improve insights on how and when to resubmit requests for authorization.

This fee will be charged when a declined CNP transaction meets all of the following conditions:

• Mastercard decline reason code is equal to 79 (Lifecycle) or 82 (Policy) or 83 (Security)
• Mastercard-provided Merchant Advice Code (MAC) is equal to 01 (Updated/additional information needed), 03 (Do not try again) or any MAC from 24 to 30

OR when a declined CNP recurring transaction meets the following conditions:

• Mastercard decline reason code is equal to 51 (Insufficient Fund)
• Mastercard-provided MAC is any from 24 to 30

Table – Mastercard Authorization Optimizer Service Fees

_{Published November 15, 2024 | P2024.1241, P2024.1067}

On November 9, 2024, Visa updated their premium consumer credit interchange reimbursement fee for domestic transactions for the following products:

• Visa Platinum
• Visa Signature
• Visa Signature Preferred
• Visa Infinite

Table 1 – Visa Emerging and Small Ticket – Utilities, Discount Clubs, and General Industry Interchange Programs

Table 2 – Visa Retail 1¹ Interchange Program

Table 3 – Visa Retail 2 (All Other Sectors) Interchange Program

Table 4 – Visa Standard Interchange Program

_{1. Includes Car Rental, Hotels, Travel Agencies, Telemarketing, Furniture, Hardware stores, Electronics, Jewelry, and Gambling sectors.}

_{Published November 15, 2024 | P2024.1909}

On October 18, 2024, Visa will introduce the Visa Installment Credential Standard credit product, enabling domestic and international installment payments at virtual or physical environments. The new interchange rates are outlined below.

Table – Visa Installment Credential Standard Credit Product Fees

_{Published August 15, 2024 | P2024.0634}

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

Table 2 – Visa Commercial Omni Program New Interchange Rates

<sub>1. Formerly known as Visa B2B Payments Program
2. Formerly known as Visa Flexible Rate B2B Virtual Program</sub>

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

Update: Visa delayed the assessment of their Processing Integrity Program fees for Guam to October 1, 2024. The first billing is in October 2024. Visa also added a list of exempted MCCs.

Visa has moved the effective date of their Processing Integrity Program for Puerto Rico and the U.S. Virgin Islands to April 25, 2024. These fees will also apply to Guam effective April 1, 2024. The first billing will be in June 2024.

Visa will begin monitoring their Processing Integrity Program with the introduction of fees listed in the table below. These fees will be assessed for domestic and international transactions that are not authorized, reversed, or cleared as required. 

Table – Visa Processing Integrity Fees

The following MCCs are exempted from the Processing Integrity Program:

• MCC 3000 – 3500 – Airlines
  
• MCC 4111 – Local and Suburban Commuter Passenger Transportation, Including Ferries
• MCC 4112 – Passenger Railways
• MCC 4121 – Taxicabs and Limousines
• MCC 4131 – Bus Lines
• MCC 4511 – Airlines and Air Carriers (Not Elsewhere Classified)
• MCC 4784 – Tolls and Bridge Fees
• MCC 7523 – Parking Lots, Parking Meters, and Garages

_{Updated October 15, 2024 | P2024.1830
Updated October 13, 2023 | P2023.0154
Published April 14, 2023}

On October 1, 2024, Visa’s Address Verification Service fee and Account Name Inquiry fee will be revised to 0.010 USD from 0.005 USD per usable result received including full match, partial match (street address or zip/postal code), or no match.

_{Published August 15, 2024 | P2024.1161}

On September 3, 2024, CULIANCE will update their debit network switch fees as follows:

Table – CULIANCE Debit Network Switch Fee

_{Published July 15, 2024 | P2024.1142}

Effective September 2, 2024, Mastercard will increase their Nominal Amount Authorization Transaction Processing Excellence (TPE) fee to $0.100 from $0.045. This applies to card-not-present transactions sent for authorization, approved, and reversed within 48 hours of the request with an equivalent amount of up to $1.00.

Mastercard will change the qualification criteria to apply this fee to transactions with an equivalent amount of up to $2.00 on January 1, 2025.

To avoid this fee, you may use Account Status Inquiry instead of sending transaction with nominal amount to validate card status.

_{Published July 15, 2024 | P2024.0879}

Mastercard will revise the below rates for cross-border assessments on their corresponding effective dates:

• July 1, 2024 – Rates for cross-border transactions on Mastercard, Debit Mastercard, and Maestro cards will be updated as shown in Table 1
• July 8, 2024 – International volume assessments will be nullified, and instead will be added and consolidated to their cross-border assessments as shown in Table 2

Table 1 – Mastercard Updated Acquirer Cross-Border Assessment Fee

Table 2 – Mastercard Consolidated Acquirer Cross-Border and International Volume Assessment Fee

_{Published May 15, 2024 | P2024.0033; P2024.0364}

On July 1, 2024, Mastercard will introduce the following MC Mail Order-Telephone Order (MOTO) Fee for every MOTO sale and refund transaction to encourage use of safer interfaces for card payments.

Table – Mastercard MOTO Fee

This fee will not apply to the following

• 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 27, 2024 | P2024.0190}

Update:  Visa has clarified that the adoption of partial authorization for everyday spend in Guam is optional. It is highly recommended to adopt partial authorization to improve approval rates.

On April 13, 2024, Visa will require those transacting under any of the merchant category codes listed below to support partial authorization for debit and prepaid card-present and card-not-present transactions. A fee of $0.01 will be applied for each non-compliant authorization request that receive response of non-sufficient funds decline.

• MCC 4121 – Taxicabs and Limousines
• MCC 5399 – Miscellaneous General Merchandise
• MCC 5411 – Grocery Stores and Supermarkets
• MCC 5499 – Miscellaneous Food Stores - Convenience Stores and Specialty Markets
• MCC 5541 – Service Stations (with or without Ancillary Services)
• MCC 5542 – Automated Fuel Dispensers
• MCC 5552 – Electric Vehicle Charging
• MCC 5812 – Eating Places and Restaurants
• MCC 5814 – Fast Food Restaurants
• MCC 5912 – Drug Stores and Pharmacies
• MCC 5999 – Miscellaneous and Specialty Retail Shops

Please visit our Developer Center for the complete specifications required to support partial authorizations.

_{Updated July 15, 2024 | P2024.1129
Published March 15, 2024 | P2023.2048; P2023.2176}

On April13, 2024, Visa will update their standard authorization framework structure to modernize existing authorization validity¹ and clearing timeframes² as shown in the table below

Table – Visa New Authorization and Clearing Time Frames

<sub>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 a bank has to process completed transactions 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.</sub>

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

Effective April 12, 2024, Discover will only allow the following merchant category codes (MCCs) to qualify for the Consumer Recurring Payments interchange program for credit transactions:

• MCC 4814 – Telecommunications
• MCC 4899 – Cable Services

In addition, the following MCCs listed below will no longer be qualified for the program:

• MCC 5968 – Direct Marketing-Continuity/Subscription
• MCC 7997 – Membership Clubs (Sports, Recreation, Athletic), Country Clubs, and Private Golf Courses
• MCC 8351 – Child Day Care Services

_{Published March 15, 2024 | P2023.1928}

Effective April 12, 2024, Discover will apply the new rates shown below to transactions qualifying for the Base Submission interchange rate.

Table – Discover Base Submission Rates

_{Published March 15, 2024 | P2023.1925}

Starting April 12, 2024, the NYCE Transmission Fee will be renamed as NYCE Data File Activity Fee and will have a rate of $0.0021 per PIN or PINless transaction settled via NYCE.

_{Published March 15, 2024 | P2024.0097}

Effective April 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 – Mastercard New Wholesale Travel Program Interchange Rates for Commercial Credit Transactions

Table 2 – Mastercard Existing Commercial Interchange Rate for Credit Transactions

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

On April 1, 2024, Visa will introduce a Digital Commerce fee of 0.0075% on all domestic and cross-border card-not-present (CNP) transactions in the Asia Pacific region.

_{Published March 15, 2024 | P2023.1888}

On April 1, 2024, Visa will introduce the VI Integrity Risk Fee of 0.10% + $0.02 for high-integrity risk transactions with the merchant category codes 5967 (Direct Marketing – Inbound Teleservices Merchant) and 7273 (Dating Services).

_{Published March 15, 2024 | P2023.1836}

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}

On April 1, 2024, Mastercard will introduce the following MC Mail Order-Telephone Order (MOTO) Fee for every MOTO sale and refund transaction to encourage use of safer interfaces for card payments.

Table – Mastercard MOTO Fee

This fee will not apply to the following

• 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 April 1, 2024 | P2024.0022}

The Mastercard Credential Continuity Program currently tracks recurring payment authorizations made with outdated credentials. It started with an initial monitoring period where merchants do not receive a fee related to the program. As cardholders’ transactions become increasingly digital with the shift to electronic commerce and the proliferation of subscription services, Mastercard continues to see a rising number of card-not-present and recurring payment transactions with outdated credentials, which negatively impacts Mastercard and cardholders.

Starting February 1, 2024, Mastercard will charge an MC Credential Continuity Program Fee of $0.03 for each recurring transaction made with outdated credentials.

To avoid fees, merchants should use the most updated account information for payment transaction authorizations. Account updates are available through Mastercard Automatic Billing Updater or by proactively contacting the cardholder before processing the recurring payment transaction.

_{Published April 1, 2024 | P2023.1496}

On April 1, 2025, PULSE will introduce the following interchange segments to their PIN and PINless debit interchange fee types.

• PULSE PAY Alpha
• PULSE PAY Beta
• PULSE PAY Direct

Applicable interchange fees for these segments are as follows.

Table – PULSE Non-Regulated Debit Interchange Fees

_{Published March 14, 2025 | P2024.2503}

Effective April 1, 2025, CULIANCE will revise their annual merchant location participation fee to $19.00 from $17.00. This fee is charged per location, e-commerce website and bill payment website. You will see the revised fee in your September 2025 billing statement and succeeding charges every September.

_{Published March 14, 2025 | P2025.0010}

Effective April 1, 2025, NYCE will revise their annual merchant location participation fee to $19.00 from $17.00. This fee is charged per location, e-commerce website and bill payment website. You will see the revised fee in your September 2025 billing statement and succeeding charges every September.

_{Published March 14, 2025 | P2025.0011}

Update: Effective April 1, 2025, NYCE will increase the bill payment tier 4 interchange fee as shown in Table 2.

Beginning February 1, 2025, NYCE will use the merchant category code (MCC) provided with the transaction to determine the applicable bill payment interchange tier. The interchange tier applicable to you may change based on the table below.

A unique Federal Reserve Department of American Banking Association (FRDABA) ID for each bill payment interchange tier is no longer required. Instead, a single FRDABA terminal ID can be used for Bill Payment Transactions. Separate FRDABA IDs will continue to be required when a terminal participant expects to exceed 50,000 transactions per month. 

Table 1 – NYCE Bill Payment tiers

NYCE introduced new interchange fees for transactions that qualify for Bill Payment Interchange Tier 4.

Table 2 – Updated effective dates and fees for NYCE Bill Payment tier 4 interchange

_{Updated March 14, 2025 | P2024.1767a
Published November 15, 2024 | P2024.1767}

ACCEL has increased their annual Merchant Participation fee to $18 per merchant location from $16. You will begin to see this revised rate on your February 2025 billing statement.

_{Published July 15, 2024 | P2024.0567}

STAR has increased their annual Merchant Participation fee to $18 per merchant location from $16. This revised rate will be seen on your September 2024 billing statement.

_{Published July 15, 2024 | P2024.0565}

On September 1, 2024, NYCE will revise their eCommerce Interchange fees for transactions of $15 or more as shown in the table.

Table – NYCE Card-Not-Present Exempt Interchange Rates

_{Published July 15, 2024 | P2024.1141}

On September 3, 2024, CULIANCE will update their debit network switch fees as follows:

Table – CULIANCE Debit Network Switch Fee

_{Published July 15, 2024 | P2024.1142}

Starting July 23, 2024, a $0.10 NYCE Pinless Bill Pay Refund interchange fee will be charged for each approved bill pay refund transaction.

_{Published June 14, 2024} 

On May 1, 2024, PULSE will implement the following changes:

Table – Pricing updates for PULSE

_{Published March 15, 2024 | P2023.2350}

Starting April 12, 2024, the NYCE Transmission Fee will be renamed as NYCE Data File Activity Fee and will have a rate of $0.0021 per PIN or PINless transaction settled via NYCE.

_{Published March 15, 2024 | P2024.0097}

Update: The information below has been updated to add refunds for PIN-based and PIN-less transactions, and the removal of the POS administrative fee.

On April 12, 2024, the following STAR fees will be updated:

• Debit Network Switch fee for declines/refund for PIN-based and PINless transactions (bill payment and e-commerce) has been revised to $0.10 from $0.0325
• Debit Network Switch fee for pre-authorization for PIN-based transactions has been revised to $0.10 from $0.0325
• The current POS Administrative fee for approved sale and completion of $0.01 has been removed. This fee has been added into to the new $0.10 Switch fee

_{Updated May 15, 2024
Published March 15, 2024}

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 Key

_{Updated December 13, 2024 | P2024.1949
Published  November 15, 2024 | P2022.1122}

On April 11, 2025, Visa will introduce the following new response codes under category 2:

1.    Transaction not supported/blocked by Issuer.

2.    Blocked by cardholder/contact cardholder.

Avoid system failures by referring to the “Authorization Retry Strategy - Orbital, Stratus, and Tandem Supplemental Guide” in our Developer Center to make sure your systems are able to receive and submit the new authorization response codes in clearing.

_{Published March 14, 2025 | P2024.1963}

Effective April 1, 2025, the ANG/532 (Netherlands Antilles Guilder) domestic currency for Curaçao and Sint Marten will be converted to the new domestic currency, XCG/532 (Caribbean Guilder) by Visa. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published Janaury 10, 2025 | P2024.2017, P2024.1198}

Last April 15, 2023, Visa implemented the following limits and fee to their Automated Fuel Dispenser (AFD) authorizations:

• Status check authorization limit: $175 for non-fleet card transactions; $1,000 for fleet card transactions
• Real-time pre-authorization limit: $500 for non-fleet card transactions; $1,000 for fleet card transactions
• Partial Authorization Non-Participation Fee: a $0.01 fee will be assess on all AFD authorization request messages that do not support partial authorization responses

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.

_{Republished December 13, 2024 | P2022.1437a}
Published March 15, 2023 | P2022.1437

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 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

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}

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 CPS)) 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 CPS)) 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

<sub>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.</sub>

_{Updated September 13, 2024 | P2024.0623
Published July 15, 2024 | P2023.2332, P2023.2103, P2023.2050, P2023.1842, P2023.2096, P2024.0395, P2024.0623, P2023.2420}

Effective October 18, 2024, Visa will increase the maximum transaction amount of their fleet credit products to $1,000 from $500 to qualify for the Custom Payment Service (CPS)/Automated Fuel Dispenser (AFD) fee program.

Other card products must continue to have a final transaction amount of $500 or less to be eligible for the CPS/AFD fee program.

_{Published August 15, 2024 | P2024.0679, P2023.1081f}

On October 18, 2024, Visa will introduce new Commercial Fee Programs for Visa Corporate and Visa Purchasing credit transactions with Level 2 and Level 3 data applicable to MCCs listed in Table 2.

Table 1 – Preliminary Qualifications for the New Visa Commercial Fee Programs for Corporate and Purchasing Credit Transactions

Table 2 – Visa Fuel/Fleet Merchant Category Codes

To make sure transactions qualify for these new programs and avoid possible compliance fees, visit our Developer Center for the complete requirements and technical specifications.

<sub>1. Single Fuel purchase transactions are not eligible for Level 3 Fee programs.
2. Non-fuel transactions are not eligible for the new Commercial Fuel Level 2 Fee program, may qualify for existing non T&E Level 2 Fee programs as applicable based on card type.</sub>

_{Published August 15, 2024 | P2024.0678}

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}

On August 22, 2024, the current Visa EMV^® 3-D Secure (3DS) Software Development Kit (SDK) encryption key certificate will expire. All SDKs must obtain, bundle and start using the new encryption key certificate before this date. 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 August 15, 2024 | P2024.0096}

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

Effective August 12, 2024, Visa will require you to provide the following data fields in 3DS authentication request messages:

Table 1 – Visa EMV 3DS Minimum Data Requirements

If local data privacy regulations prohibit the data from being shared, the minimum data requirements do not apply.

Visa also continues to recommend e-commerce merchants to  provide all 12 of the following data fields:

Table 2 – Visa EMV 3DS Recommended Data Requirements

_{Updated October 15, 2024 | P2024.1395
Published April 15, 2024 | P2024.0008, P2023.1628}

Visa has allowed the use of paper-sourced (wood fiber) materials to produce Visa-branded non-reloadable prepaid cards manufactured by a certified card manufacturer. These cards, not exceed a five-year expiration, will have magnetic stripes but not chips.

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

Update: Visa clarified that the maximum transaction amount of debit products for the Visa Commercial Omni¹ and Visa Commercial Choice Travel² programs is $749,999.99.

Starting April 12, 2024, Visa will include debit (D) and charge (H) as account funding sources for the Visa Commercial Omni¹ and Visa Commercial Choice Travel² programs. Visa will also support POS Entry Mode Code 10, allowing credential-on-file for both products.

_{1. Formerly known as Visa B2B Virtual Payments Program
2. Formerly known as Visa Flexible Rate B2B Virtual Program}

_{Updated August 15, 2024 | P2023.1850u3
Published March 15, 2024 | P2023.1850}

Effective July 19, 2024, Visa will decline 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 July 15, 2024 | P2024.0636}

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

Table 2 – Visa Updated Fee Names

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

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

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

<sub>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.</sub>

_{Updated June 14, 2024 | P2024.0922, P2024.0631
Updated May 15, 2024 | P2023.1847u2
Updated March 15, 2024 | P2023.1847u1
Published December 15, 2023 | P2023.1847}

As part of EMV^® 3-D Secure (3DS) 2.2, please be reminded of the requirements needed to support Visa Secure Data Only (information-only transactions). 

If you use data-only transactions, please submit an EMV 3DS authentication request with the “Data Only” flag to indicate that the cardholder would need to be authenticated without an issuer authentication challenge. You are strongly encouraged to send all available data in this request.

_{Published May 15, 2024 | P2024.0275}

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

Table – Visa Authorization Response Codes Updates

_{Published April 11, 2024 | P2024.0192}

Effective April 12, 2024, Visa will add new spend qualified indicator (SQI) values to identify the spend tier in support of the spend qualification processing for existing and new small business products cards issued in the U.S. and Puerto Rico, as seen in the below table.

As a result, you may notice a new SQI value in your transactions specifically for small business cards issued in the U.S. and Puerto Rico.

Table – Visa New SQI Values for Small Business Products Cards Issued in the U.S. and Puerto Rico

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

On April 13, 2024, Visa will update the following fees and interchange rates to all transactions in the territories of French Guiana, Guadeloupe, Martinique, Mayotte, Réunion, Saint Barthélemy and Saint Martin (now part of the Europe region):

• French domestic fees and interchange rates will apply to transactions between France and these French territories.
• Intraregional European Economic Area (EEA) fees and interchange rates will apply to transactions between EEA countries and these French territories.
• Intra non-EEA fees and interchange rates will apply to transactions between non-EEA countries and these French territories.
• Interregional fees and interchange rates will apply to transactions between countries outside of the Europe region and these French territories.

_{Published March 15, 2024 | P2023.2204; P2023.1854}

Visa will update the fee edit criteria for card-present custom payment service (CPS)-qualified consumer credit transactions that are eligible for existing fee programs applicable to small merchants. Transactions must include a surcharge amount or transaction amount fee of zero to qualify for this program.

The fee edit criteria change will apply to Small Merchants programs in the following segments:

• Restaurant
• Taxi
• Real estate, education, and healthcare
• Advertising and insurance
• Services

There are no changes to Small Merchants fee programs applicable to consumer credit transactions qualified for a card-not-present CPS program. Consumer debit and prepaid card transactions, and Visa commercial card transactions are not impacted by these change.

_{Published March 15, 2024 | P2023.1885}

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}

The 1984-bit Payment System public key expiration date has been extended to December 31, 2034 by Mastercard. The 1408-bit public key expiration date remains the same.

Reach out to your point-of-sale (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enchiphered PIN contain public keys with the updated expiration dates. Please do not use keys past their expiration date.

Table – Mastercard, Maestro and Cirrus Extended Expiration Date for the Payment System Public Key

_{Published February 14, 2025 | P2024.1842}

On May 1, 2025, Mastercard will introduce edit criteria to the fields listed below under their Data Integrity Monitoring Program (DIMP). Please note that sending non-compliant fields in deposit transactions submitted to the bank will be subjected to Mastercard’s DIMP fees. To avoid this fee, visit our Developer Center.

Table – New Mastercard Requirements for DIMP Travel Addendum Data

_{1. Mastercard defines airline travel transactions if the MCC is 4511 or between 3000-3350.}

_{Published February 14, 2025 | P2024.0259}

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 April 11, 2025, Mastercard will allow the following documents to be submitted under their second presentment options when goods were delivered to or picked up by the cardholder.

• Photo proof that the goods were delivered to the address specified by the cardholder
• Documentation that a QR Code, PIN, or similar one-time use passcode was sent to an email address or phone number specified by the cardholder and was subsequently used to access a physical mailbox or merchandise locker where goods were delivered

Additionally, Mastercard will require that documents for all second presentment follow the outlined requirements.

Table – Mastercard Second Presentment File Requirements

_{Published March 14, 2025 | P2025.0047}

On April 1, 2025, Mastercard will require the presence of tag 9F34 in all EMV (card-present or card-not-present) authorization and clearing messages. This tag provides indication to the terminal of the cardholder verification method (CVM) used for the transaction (for example, offline PIN, online PIN or signature).

To prevent possible non-compliance fees under Mastercard’s Data Integrity Monitoring Program (DIMP), visit our Developer Center for the specifications required to update your Chase-provided terminals, or contact your terminal provider.

_{Published March 14, 2025 | P2024.1846}

Update: On April 23, 2025, the device type value or form factor for Virtual Reality headset/s or glasses will be replaced to 34 from 99 by Mastercard.

The Virtual Reality Headset device type/form factor is now supported by Mastercard Digital Enablement Service (MDES). Please visit our Developer Center for the complete specifications.

_{Updated March 14, 2025 | P2023.2426a
Published March 15, 2024 | P2023.2426}

Mastercard will reject transactions based on the conditions described below.

Table – Mastercard Rejections on Unapproved Authorizations and Force Deposits

Please make sure all transactions are approved and authorized to avoid returns on rejections.

_{1. Transit First Ride Risk Program and Refund Transactions are excluded from rejections.}

_{Published February 15, 2025 | P2024.2029, P2024.2033}

Effective March 31, 2025, the ANG/532 (Netherlands Antilles Guilder) domestic currency for Curaçao and Sint Marten will be updated to the new domestic currency, XCG/532 (Caribbean Guilder) by Mastercard. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published Janaury 10, 2025 | P2024.1578}

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 is clarifying procedures for contactless transit aggregated transactions, which occur when:

• A Mastercard or Debit Mastercard contactless-enabled card or contactless payment device is tapped one or more times at the point of entry to a transit system during a 24-hour period (the tap aggregation period), and
• The taps are combined into a total transaction amount, then submitted for authorization on a deferred basis

Transit merchants must follow these guidelines:

• Account Verification (VF) transactions must not include a cryptogram or track data. If sent, the transaction will be considered non-compliant with potential declines/rejects. Instead, retain the cryptogram and track data from the VF transaction to submit in the End of Day Authorization or Conditional Deposit
• For the End of Day Authorization or Conditional Deposit:
  • If there is only one tap during the aggregation period, submit the retained cryptogram and track data from the initial tap (VF)
  • If there are multiple taps (rides taken), submit the cryptogram and track data from the last tap for the combined total amount of taps during the aggregation period

Specifications will be published at a later date.

_{Published February 14, 2025 | P2024.1337}

Mastercard no longer requires unattended point-of-sale (POS) terminals identified with any of the below 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 revise their standards to prohibit 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 revised chargeback standard will apply to Mastercard transactions that occur at AFDs properly identified with card acceptor business code (MCC) 5542 (Fuel Dispenser, Automated).

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

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

Effective October 18, 2024, Mastercard will require an online authorization for all refund transactions submitted for clearing.This excludes refunds conducted by airlines (MCCs 3000 through 3350 and MCC 4511) and contactless aggregated transit transaction refunds.

From November 1, 2024, this requirement will be included in Mastercard’s Data Integrity Monitoring Program and will help ensure that all refund transactions submitted for clearing contain the proper transaction data needed for issuers to link to corresponding refund authorizations.

_{Published July 15, 2024 | P2024.0493}