Business Impacts
Merchant portfolios may need be reviewed to prepare profitability models that support these interchange rate changes.
Visa
Canada Region
Changes to Performance Tier 1 Fee Program for Visa Debit Transactions
Visa will modify the description of the existing Canada domestic Performance debit fee programs.
Changes to Performance Tier 1 Fee Program for Visa Consumer Credit Transactions
Visa will modify the rates and descriptions of the existing Canada domestic Performance credit fee programs.
Changes to Domestic Interchange Rates
Visa will modify the rates to existing Canada domestic interchange programs that apply to purchase and credit voucher transactions for Visa consumer credit products.
US Region
Changes to Interchange Fee Programs for Visa Consumer Transactions
Visa will modify the rate and description for the existing U.S. Supermarket Credit interchange program.
Changes to Business and Commercial Fee Descriptors and Rates
Visa will modify the rates and descriptions of existing business, corporate and purchasing interchange programs.
Changes to Business Credit Interchange Fee Programs
Visa will modify the rates and descriptions of existing business credit interchange programs.
Mastercard
New Mastercard Enterprise Solution Wholesale Travel Program Product Codes—Program Name
Mastercard is expanding the Wholesale Travel Program by introducing 5 new commercial B2B credit product codes. The existing Wholesale Travel Program is being renamed to support the changes as Mastercard B2B Product.
2020-2021 Revised U.S.Region Interchange Programs and Rates for Assurance Framework
Mastercard is modifying the rates for existing U.S. domestic Consumer and Commercial interchange programs.
Discover
Discover Rate Changes
Discover is modifying several interchange rates for consumer debit, consumer credit and prepaid card products.
