With this new feature, Visa will assess a $5 deposit fee for each returned or rejected transaction when either of the following scenarios occur. On October 13, 2023, Visa will introduce an account listing service for issuers called Visa Account Screen, which will block authorizations and deposits for a cardholder’s lost, stolen, or closed account. Instead, the above new small merchant fee programs will apply. These merchant segments will no longer qualify for existing CNP token programs. VI CPS Small Merchant Telecomm/Cable Infinite SQġ. VI CPS Small Merchant Telecomm/Cable Infinite SNQ VI CPS Small Merchant Telecomm/Cable Signature Preferred VI CPS Small Merchant Telecomm/Cable Trad / Rewards / Sign Table 9 – New Visa Small Merchant Interchange Rate and Fee Program for Telecommunications and Cable VI CPS Small Merchant Services Infinite SQ VI CPS Small Merchant Services Infinite SNQ VI CPS Small Merchant Services Signature Preferred VI CPS Small Merchant Services Traditional Rewards VI CPS Small Merchant Services Traditional Table 8 – New Visa Small Merchant Interchange Rate and Fee Program for Services VI CPS Small Merchant Insurance Infinite SQ VI CPS Small Merchant Insurance Infinite SNQ VI CPS Small Merchant Insurance Signature Preferred VI CPS Small Merchant Insurance Trad / Rewards / Signature Table 7 – New Visa Small Merchant Interchange Rate and Fee Program for Insurance VI CPS Small Merchant Advertising Infinite SQ VI CPS Small Merchant Advertising Infinite SNQ VI CPS Small Merchant Advertising Signature Preferred VI CPS Small Merchant Advertising Signature VI CPS Small Merchant Advertising Traditional Rewards VI CPS Small Merchant Advertising Traditional Table 6 – New Visa Small Merchant Interchange Rate and Fee Program for Advertising VI CPS Small Merchant Healthcare Infinite SQ VI CPS Small Merchant Healthcare Infinite SNQ VI CPS Small Merchant Healthcare Signature / Preferred VI CPS Small Merchant Healthcare Trad / Rewards / Signature Table 5 – New Visa Small Merchant Interchange Rate and Fee Program for Healthcare VI CPS Small Merchant Education Infinite SQ VI CPS Small Merchant Education Infinite SNQ VI CPS Small Merchant Education Signature Preferred VI CPS Small Merchant Education Trad / Rewards / Signature Table 4 – New Visa Small Merchant Interchange Rate and Fee Program for Education VI CPS Small Merchant Real State Infinite SQ VI CPS Small Merchant Real State Infinite SNQ VI CPS Small Merchant Real State Signature Preferred VI CPS Small Merchant Real State Trad / Rewards / Signature Table 3 – New Visa Small Merchant Interchange Rate and Fee Program for Real Estate VI CPS Small Merchant Taxi Infinite SQ - Min VI CPS Small Merchant Taxi Infinite SNQ - Min VI CPS Small Merchant Taxi Signature / Preferred - Min VI CPS Small Merchant Taxi Signature / Preferred VI CPS Small Merchant Taxi Traditional / Rewards -Min VI CPS Small Merchant Taxi Traditional / Rewards Table 2 – New Visa Small Merchant Interchange Rate and Fee Program for Taxi VI CPS Small Merchant Restaurant Infinite SQ - Min VI CPS Small Merchant Restaurant Infinite SQ VI CPS Small Merchant Restaurant Infinite SNQ - Min VI CPS Small Merchant Restaurant Infinite SNQ VI CPS Small Merchant Restaurant Signature / Preferred - Min VI CPS Small Merchant Restaurant Signature / Preferred VI CPS Small Merchant Restaurant Traditional / Rewards -Min VI CPS Small Merchant Restaurant Traditional / Rewards Table 1 – New Visa Small Merchant Interchange Rate and Fee Program for Restaurant The fee programs will apply to Visa consumer credit transactions that meet card-not-present (CNP) and card-present (CP) custom payment service (CPS) qualifications from the following eligible small merchant segments 1: Effective October 13, 2023, Visa will introduce new small merchant fee programs and rates as shown in the below tables.
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