MasterCard and Visa have announced New April 2010 Interchange adjustments.
Currently, MasterCard's Assessment fee is 0.095%. MasterCard will increase the Assessment fee to 0.110%.
While new rates have not yet been announced, MasterCard is introducing new Interregional Interchange programs for:
Effective April 2010, MasterCard is revising the qualification criteria for Commercial Face to Face and Commercial Data Rate II. Zero will no longer be accepted as a valid tax value to qualify for these Interchange rate categories. If a commercial transaction has no sales tax, the transaction will downgrade to the next best Interchange level.
MasterCard is also adding a new Interchange program for MasterCard Enhanced Small Business. Pricing for the new program categories will be announced once released.
Visa is implementing modifications to the No Signature Required program:
Vantage has tracked changes and updates to Interchange each spring and fall since 2005. Track Interchange changes or read recent Interchange history at http://www.vantagecard.com/price/interchange05.html.