Visa announced in a Visa Business News dated October 10, 2019, that modifications will be made to the U.S. Acquirer Authorization Verification Fees and extend the Network Acquirer Process Fee to include U.S.acquirer authorization reversals.
Effective July 1, 2020:
A new fee will be introduced to support the Domestic Debit Account Verification Fee.
On March 26, 2020, the new card brand fees will be available in PPM. Description and rate changes will be implemented on April 1,2020.
Visa announced in a Visa Business News dated October 10,2019, that effective April 1, 2020, they will adjust the Acquirer International fees for CNP transactions in the Latin America and Caribbean region. Current acquirer international fee assessments will remain at existing rates for card present transactions and a new fee will be applied to CNP transactions.
Visa announced in a Visa Business News dated September 26,2019, that effective April 18, 2020, the International Acquirer Service Fee assessed for international transactions in Canada will increase by 20 basis points.
|Current Fee Program Name (PPM Description Name)||Fee Program Name (PPM Description Name)||IC Level||Current Rate||New Rate||Difference in Rate|
|International Auth Verification||International Acct Verification||N/A||0.00% + $0.025||0.00% + $0.070||+$0.045|
|N/A||Domestic Acct Verification Debit||N/A||N/A||0.00% + $0.030||N/A|
|Domestic Auth Verification||Domestic Acct Verification Credit||N/A||0.00% + $0.025||0.00% + $0.035||+$0.010|
|N/A||NAPF DOM Debit Auth Reversal||N/A||N/A||0.00% + $0.0155||N/A|
|N/A||NAPF INTL Debit Auth Reversal||N/A||N/A||0.00% + $0.0355||N/A|
|N/A||NAPF INTL Credit Auth Reversal||N/A||N/A||0.00% + $0.0395||N/A|
|N/A||NPAF DOM Credit Auth Reversal||N/A||N/A||0.00% + $0.0195||N/A|
|N/A||LAC International Acquirer Fee Enh Sale CNP||1V4||N/A||1.00% + $0.00||N/A|
Discover will revise the Acquirer Assessment Fee. TSYS Acquiring Solutions will support the rate changes in PPM.
|Current Fee Program Name (PPM Description Name)||Current Rate||New Rate||Difference in Rate|
|Discover Acquirer Assessment Fee||0.130% + $0.00||0.140% + $0.00||+0.010%|
New Acquirer Fee for Program Integrity Fee
Discover is introducing a new Program Integrity Fee for all transactions submitted or downgraded to the Mid Submission Level and U.S. Base Submission Level programs for card sales.
|Current Fee Program Name (PPM Description Name)||New Rate|
|DS Program Integrity Fee||0.00% + $0.05|
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