Visa, Mastercard, American Express, and Discover associations periodically review and modify their interchange rate structures and billing strategies. Specific association modifications are beyond our control and will affect all merchant card processors and their customers. Visa, Mastercard, American Express, and Discover card associations have announced changes to their programs and rates effective January 2025.

Card Brand Fees Section:

Visa Changes:

Effective January 2025, Visa will increase the existing Misuse of Authorization fee from $0.09 to $0.15 per non-compliant transaction for clients that do not clear or reverse their transaction within the required time frame.

Effective January 2025, Visa will increase the existing VS Base II File Transmission fee from $0.0018 to $0.0025.

Mastercard Changes:

Effective January 2025, Mastercard is adjusting the rates for the Excessive Authorization Attempts fee (TPE program) in the US region.

Authorization Processing Integrity Acquirer Detail (AB605010-AA) report provides details for integrity fees.

Updating from $0.30 to $0.50.

In order to meet the required 30-day notification of increases and changes to merchants, the following statement message will appear on all November statements, delivering to merchants early December.

Effective January 2025: Visa, MasterCard, American Express, and Discover Card Services are introducing new (and modifying current) interchange structures and association processing program fees. Details surrounding these changes will be addressed in your December 2024 Merchant Statement.