News

MasterCard publishes interchange rates

November 1, 2006

PURCHASE, N.Y. - MasterCard International followed through with plans to publish its interchange rates by Nov. 1.

The rates that apply toU.S.merchants can now be found on the company's Web sitealong with information about how the rates apply. The document also includes key qualifying criteria associated with each rate.

"Although MasterCard's U.S. interchange rates have generally been available to merchants, both through requests to merchant acquirers and independent sales organizations, and on the Internet, the merchant community has asked us for greater transparency, and we are pleased to accommodate their request," said Walt Macnee, president of MasterCard Americas.