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Inv# PCitaMar2022 - FIRST DATA - 03/31/2022
YOUR CARD PROCESSING STATEMENT Did you know? If you are interested in some marketing promotions, please contact your Customer Service Center. CITY OF DANIA BEACH ADAM SEGAL 100 W DANIA BEACH BLVD DANIA BEACH FL 33004 -3699 CITY OF DANIA BEACH PO Box 2394, Omaha, NE 68103-2394 STATEMENT PERIOD: 03/01/22 - 03/31/22 THIS IS NOT A BILL Merchant Number: 984222377884 This month you had: 385 New customers 9 Repeat customers Reviews are critical to your businesses! A study found that 74% of customers searching online for a local business use review sites. As your business begins to receive reviews on sites like Yelp and Google, we will include some here for your reference. March 2022 insights $47 Avg ticket size $48 Avg. $ spend per card transaction 1.0 Avg. number of transactions per customer Your sales were $21,183.00 this month which is 25.15% over last month. What your customers are saying: Google Avg. Rating: N/A Yelp Avg. Rating: N/A Customer Service www.businesstrack.com 1-833-692-5687 Inquiry PO Box 2394, Omaha, NE 68103-2394 © Google and Yelp are registered trademarks of their respective owners. Page 1 of 5 Make sure to plan accordingly! Dania Beach Arts & Seafood Celebration Exhibition at the 300 Northeast 2nd Street from Apr 2 -03 Gaming By Sea - Spring 2022 at the 1850 Eller Drive from Apr 2 -10, Registration is closed for Gaming By Sea - Spring 2022. Visit our website or the Eventbrite site for our Summer 2022 Gaming Vacation. New Life Expo at the 1950 Eisenhower Boulevard from Apr 30 -01 Account Summary An overview of your account activity for the statement period. Total Amount Submitted $21,183.00 Chargebacks/Reversals 0.00 Adjustments 0.00 Fees -$782.84 Total Amount Processed $20,400.16 Page 2 Page 3 Page 4 Page 4 PO Box 2394, Omaha, NE 68103-2394 YOUR CARD PROCESSING STATEMENT Merchant Number 984222377884 Customer Service Website - www.businesstrack.com Phone - 1-833-692-5687 Page 2 of 5 Statement Period 03/01/22 - 03/31/22 IMPORTANT INFORMATION ABOUT YOUR ACCOUNT IMPORTANT INFORMATION: Recently, the Card Brand & Debit Network Organizations announced several operational and interchange program & rate changes. You can see a summary of these changes in the enclosed "Summary of Spring 2022 Card Brand & Debit Network Organization Changes". Please also refer to the following documents in the "Resources" section on www.businesstrack.com for updated Card Brand & Debit Network Organization information that will be applied to your account as of April 2022. * "Interchange Rate/Fee Schedule" describes the interchange fees and requirements for Visa, Mastercard and Discover card transactions. * "Interchange Qualification Matrix" provides a description of the various interchange levels established by the various payment card brands, as well as the primary qualification criteria for each interchange level, and similar information related to Debit networks. * "Card Organization Pass Through Fee Schedule" provides information about fees charged by the Card Organizations that are passed on to your account. * "Summary of Spring 2022 Card Brand & Debit Network Organization Changes" provides a summary of the recently announced changes (also enclosed in this statement). Please note, to access these documents and other valuable information, you will need to register and/or log into www.businesstrack.com. To register, you will need your Merchant Identification Number, Tax ID and your business checking account number. If you have trouble finding the referenced documents once logged into the site, please contact the customer service phone number listed on this statement to request a copy. SUMMARY BY DAY Date Submitted Submitted Amount Chargebacks/ Reversals Adjustments Fees Amount Processed 03/01/22 $642.00 0.00 0.00 0.00 $642.00 03/02/22 $387.00 0.00 0.00 0.00 $387.00 03/03/22 $596.00 0.00 0.00 0.00 $596.00 03/04/22 $341.00 0.00 0.00 0.00 $341.00 03/05/22 $645.00 0.00 0.00 0.00 $645.00 03/06/22 $341.00 0.00 0.00 0.00 $341.00 03/07/22 $897.00 0.00 0.00 0.00 $897.00 03/08/22 $430.00 0.00 0.00 0.00 $430.00 03/09/22 $470.00 0.00 0.00 0.00 $470.00 03/10/22 $885.00 0.00 0.00 0.00 $885.00 03/11/22 $986.00 0.00 0.00 0.00 $986.00 03/12/22 $642.00 0.00 0.00 0.00 $642.00 03/13/22 $516.00 0.00 0.00 0.00 $516.00 03/14/22 $255.00 0.00 0.00 0.00 $255.00 03/15/22 $559.00 0.00 0.00 0.00 $559.00 03/16/22 $513.00 0.00 0.00 0.00 $513.00 03/17/22 $596.00 0.00 0.00 0.00 $596.00 03/18/22 $599.00 0.00 0.00 0.00 $599.00 03/19/22 $513.00 0.00 0.00 0.00 $513.00 03/20/22 $513.00 0.00 0.00 0.00 $513.00 03/21/22 $943.00 0.00 0.00 0.00 $943.00 03/22/22 $513.00 0.00 0.00 0.00 $513.00 03/23/22 $1,585.00 0.00 0.00 0.00 $1,585.00 03/24/22 $559.00 0.00 0.00 0.00 $559.00 03/25/22 $817.00 0.00 0.00 0.00 $817.00 03/26/22 $900.00 0.00 0.00 0.00 $900.00 03/27/22 $1,118.00 0.00 0.00 0.00 $1,118.00 03/28/22 $1,069.00 0.00 0.00 0.00 $1,069.00 03/29/22 $1,155.00 0.00 0.00 0.00 $1,155.00 03/30/22 $1,198.00 0.00 0.00 0.00 $1,198.00 Month End Charge 0.00 0.00 0.00 -$782.84 -$782.84 Total $21,183.00 0.00 0.00 -$782.84 $20,400.16 YOUR CARD PROCESSING STATEMENT Merchant Number 984222377884 Customer Service Website - www.businesstrack.com Phone - 1-833-692-5687 Page 3 of 5 Statement Period 03/01/22 - 03/31/22 PO Box 2394, Omaha, NE 68103-2394 SUMMARY BY CARD TYPE Total Gross Sales You Submitted Refunds Total Amount You Submitted Card Type Average Ticket Items Amount Items Amount Items Amount Mastercard $49.18 112 $5,508.00 0 0.00 112 $5,508.00 VISA $46.43 321 $14,904.00 0 0.00 321 $14,904.00 Discover $45.35 17 $771.00 0 0.00 17 $771.00 Total 450 $21,183.00 0 0.00 450 $21,183.00 SUMMARY BY BATCH Total Gross Sales You Submitted Refunds Total Amount You Submitted Batch Submit Date Average Ticket Items Amount Items Amount Items Amount 174045011850 03/01/22 $45.86 14 $642.00 0 0.00 14 $642.00 174045021851 03/02/22 $48.38 8 $387.00 0 0.00 8 $387.00 174045031852 03/03/22 $49.67 12 $596.00 0 0.00 12 $596.00 174045041853 03/04/22 $48.71 7 $341.00 0 0.00 7 $341.00 174045051854 03/05/22 $58.64 11 $645.00 0 0.00 11 $645.00 174045061855 03/06/22 $48.71 7 $341.00 0 0.00 7 $341.00 174045071856 03/07/22 $47.21 19 $897.00 0 0.00 19 $897.00 174045081857 03/08/22 $43.00 10 $430.00 0 0.00 10 $430.00 174045091858 03/09/22 $47.00 10 $470.00 0 0.00 10 $470.00 174045101859 03/10/22 $68.08 13 $885.00 0 0.00 13 $885.00 174045111860 03/11/22 $44.82 22 $986.00 0 0.00 22 $986.00 174045121861 03/12/22 $45.86 14 $642.00 0 0.00 14 $642.00 174045131862 03/13/22 $43.00 12 $516.00 0 0.00 12 $516.00 174045141863 03/14/22 $51.00 5 $255.00 0 0.00 5 $255.00 174045151864 03/15/22 $43.00 13 $559.00 0 0.00 13 $559.00 174045161865 03/16/22 $46.64 11 $513.00 0 0.00 11 $513.00 174045171866 03/17/22 $49.67 12 $596.00 0 0.00 12 $596.00 174045181867 03/18/22 $49.92 12 $599.00 0 0.00 12 $599.00 174045191868 03/19/22 $46.64 11 $513.00 0 0.00 11 $513.00 174045201869 03/20/22 $46.64 11 $513.00 0 0.00 11 $513.00 174045211870 03/21/22 $44.90 21 $943.00 0 0.00 21 $943.00 174045221871 03/22/22 $47.00 10 $470.00 0 0.00 10 $470.00 230023184013 03/22/22 $43.00 1 $43.00 0 0.00 1 $43.00 174045231872 03/23/22 $45.22 18 $814.00 0 0.00 18 $814.00 240024094113 03/23/22 $45.35 17 $771.00 0 0.00 17 $771.00 250023133991 03/24/22 $46.58 12 $559.00 0 0.00 12 $559.00 260024343886 03/25/22 $43.00 19 $817.00 0 0.00 19 $817.00 270117330572 03/26/22 $45.00 20 $900.00 0 0.00 20 $900.00 280013550140 03/27/22 $43.00 26 $1,118.00 0 0.00 26 $1,118.00 290023463887 03/28/22 $48.59 22 $1,069.00 0 0.00 22 $1,069.00 300026084091 03/29/22 $48.13 24 $1,155.00 0 0.00 24 $1,155.00 310024164110 03/30/22 $46.08 26 $1,198.00 0 0.00 26 $1,198.00 Total 450 $21,183.00 0 0.00 450 $21,183.00 CHARGEBACKS/REVERSALS Transactions that are challenged or disputed by a cardholder or card-issuing bank. Date Reference No.Description Card Number (Last 4 Digits)Amount No Chargebacks/Reversals for this Statement Period Total 0.00 PO Box 2394, Omaha, NE 68103-2394 YOUR CARD PROCESSING STATEMENT Merchant Number 984222377884 Customer Service Website - www.businesstrack.com Phone - 1-833-692-5687 Page 4 of 5 Statement Period 03/01/22 - 03/31/22 ADJUSTMENTS The amounts credited to, or deducted from, your account to resolve processing and billing discrepancies. Date Description Amount No Adjustments for this Statement Period Total 0.00 FEES Amount charged to authorize, process and settle card transactions, along with transaction-based and/or fixed amounts charged for specific card processing services. TRANSACTION FEES Type Amount MASTERCARD MASTERCARD ACCESS FEE 118 TRANSACTIONS AT 0.034 Interchange charges -$4.01 MC LICENSE VOLUME FEE 0.000217 DISC RATE TIMES $5508.00 Service charges -$1.20 MASTERCARD SALES TRANS FEE 22 TRANSACTIONS AT 0.11 Service charges -$2.42 MC NON-QUAL SALES TRANS FEE 38 TRANSACTIONS AT 0.11 Service charges -$4.18 MASTERCARD NON-QUAL SALES DISC 0.033 DISC RATE TIMES $1757.00 Service charges -$57.98 MASTERCARD SALES DISCOUNT 0.023 DISC RATE TIMES $986.00 Service charges -$22.68 MASTERCARD DEBIT SALES DISC 0.023 DISC RATE TIMES $2722.00 Service charges -$62.61 MC DEBIT NON-QUAL SALES DISC 0.033 DISC RATE TIMES $43.00 Service charges -$1.42 MC SALES DEBIT TRANS FEE 51 TRANSACTIONS AT 0.11 Service charges -$5.61 MC DEBIT NON-QUAL TRANS FEE 1 TRANSACTIONS AT 0.11 Service charges -$0.11 VISA VISA ACCESS FEE 334 TRANSACTIONS AT 0.034 Interchange charges -$11.36 VI DEBIT NON-QUAL SALES DISC 0.033 DISC RATE TIMES $6030.00 Service charges -$198.99 VI SALES DEBIT TRANS FEE 73 TRANSACTIONS AT 0.11 Service charges -$8.03 VISA SALES TRANS FEE 44 TRANSACTIONS AT 0.11 Service charges -$4.84 VISA SALES DISCOUNT 0.023 DISC RATE TIMES $1935.00 Service charges -$44.51 VISA NON-QUAL SALES TRANS FEE 74 TRANSACTIONS AT 0.11 Service charges -$8.14 VI DEBIT NON-QUAL TRANS FEE 130 TRANSACTIONS AT 0.11 Service charges -$14.30 VISA NON-QUAL SALES DISCOUNT 0.033 DISC RATE TIMES $3514.00 Service charges -$115.96 VISA DEBIT SALES DISCOUNT 0.023 DISC RATE TIMES $3425.00 Service charges -$78.78 DISCOVER DISCOVER ACCESS FEE 17 TRANSACTIONS AT 0.034 Interchange charges -$0.58 DISCOVER NONQUAL SALE TRANS 8 TRANSACTIONS AT 0.11 Service charges -$0.88 DISCOVER NONQUAL SALES DISC 0.033 DISC RATE TIMES $384.00 Service charges -$12.67 DISCOVER SALES DISCOUNT 0.023 DISC RATE TIMES $387.00 Service charges -$8.90 DISCOVER SALES TRANS FEE 9 TRANSACTIONS AT 0.11 Service charges -$0.99 Other CLOVER SECURITY PLUS MONTHLY Service charges -$19.95 VI BASE II SYSTEM FILE FEE 325 TRANSACTIONS AT 0.0018 Service charges -$0.59 BATCH SETTLEMENT FEE 32 TRANSACTIONS AT 0.39 Fees -$12.48 AVS WATS AUTHORIZATION FEE 179 TRANSACTIONS AT 0.1 Fees -$17.90 TOTAL TRANSACTION FEES -$722.07 ACCOUNT FEES Type Amount DS PGRM INTEGRITY COM BASE SUB 2 TRANSACTIONS AT .050000 Fees -$0.10 VS INTL ACQUIRER FEE 4 TRANS TOTALING $172.00 Fees -$0.77 MC GLOBAL ACQUIRER FEE 2 TRANS TOTALING $86.00 Fees -$0.73 VISA NETWORK FEE CNP 2-07 Fees -$6.33 DS PGRM INTEGRITY FEE BASE SUB 6 TRANSACTIONS AT .050000 Fees -$0.30 NON RECEIPT OF PCI VALIDATION 1 TRANSACTIONS AT 29.95 Fees -$29.95 VI TRANSACTION INTEGRITY FEE 198 TRANSACTIONS AT 0.1 Fees -$19.80 DIGITAL ENABLEMENT FEE 0 X TRNS $5508.00 Fees -$0.55 VISA INTL SERVICE FEE - BASE 0 TRANS TOTALING $172.00 Fees -$1.72 YOUR CARD PROCESSING STATEMENT Merchant Number 984222377884 Customer Service Website - www.businesstrack.com Phone - 1-833-692-5687 Page 5 of 5 Statement Period 03/01/22 - 03/31/22 PO Box 2394, Omaha, NE 68103-2394 FEES Amount charged to authorize, process and settle card transactions, along with transaction-based and/or fixed amounts charged for specific card processing services. US CROSS BORDER FEE 0 TRANS TOTALING $86.00 Fees -$0.52 TOTAL ACCOUNT FEES -$60.77 TOTAL -$782.84 Total Interchange Charges -$15.95 Total Service Charges -$675.74 Total Fees -$91.15 Total (Service Charges, Interchange Charges, and Fees)-$782.84 TOTAL GROSS REPORTABLE SALES BY TIN Total dollar amount of aggregate reportable payment card transactions funded and third party network transactions, for each participating payee, without regard to any adjustments for credits, cash equivalents, discount amount, fees, refunded amounts, or any other amounts per respective tax identification number. Month Description Total February GROSS REPORTABLE SALES-TIN##########0302 $16,926.00 2022 YTD Gross Reportable Sales $35,027.00 Summary of Spring 2022 Card Brand & Debit Network Organization Change CED0981I The following changes are effective April 22, 2022, unless otherwise indicated. Please refer to the "Resources" section of www.businesstrack.com for additional Card Brand and Debit Network Organization information. Discover® OPERATIONAL and RATE CHANGES Revisions to select U.S. Consumer and Commercial Acquirer Interchange Program Rates●Discover will revise select U.S. Consumer and Commercial Acquirer Interchange Programs pertaining to U.S. Consumer Debit and Prepaid Products and Non-Exempt, U.S. Consumer Credit Products, and U.S. Acquirer Interchange Rates and Fees - Commercial. Revisions to Recurring Payment Merchant Category Code (MCC)●Discover will enable MCC 4814 (Telecommunications) & 4899 (Cable Services) to qualify for the Recurring Interchange Program, as well as removing MCC 8398 (Charity). New Discover Acquirer Interchange Programs ●Discover will introduce a new Charity Consumer Acquirer Interchange Program for MCC 8398 (Charity).●Discover will introduce a new Commercial B2B Acquirer Program and Adjustment Voucher Program for commercial card sales for business-to-business merchants. Revisions for MCC 5552 - Electric Vehicle Charging●Discover will allow MCC 5552 to qualify for Micro Ticket ($5.00 and under) and Express Services ($5.01 to $15.00). Revisions for Transaction Tolerance Level●Discover will revise the Transaction Tolerance Level for Supermarkets and Warehouse Clubs from +/-10% to +/-15% (from authorization to settlement amount). Revisions to Chip Card Supplement Data Record (SDR)●Discover will require the SDR 13 (chip card addendum) for contact and contactless chip transactions to U.S. Consumer and Commercial Acquirer Interchange Programs. New & Revised Acquirer Fees●Discover will revise the Acquirer Assessment Fee from 0.13% to the new value of 0.14%.●Discover will introduce three new Acquirer Service Fees: Account Verification Service Fee: $0.02 per Account Verification Service request, Address Verification Service Fee: $0.005 per Address Verification request, and Digital Investment Fee: 0.01% of the gross amount of card Sale on all transactions that are not swipe, chip, or tap. Additional Requirements for Merchant-Initiated Transactions (MIT) and Installment Payment Transactions●Discover is revising requirements for Merchant-Initiated and Installment Payment Transactions to include additional data records. Additional Requirements for Authorization for Credit●Discover will require the "Network Reference ID" from original card sale in the existing "Original Network Reference ID" within the return authorization request. Revised In-App Transaction Data to Align with Wallet Specifications●Discover will require two new values for in-app transactions, Original Unpredictable Number & CDCVM (Consumer Device Cardholder Verification Method) Type. American Express® OptBlue OPERATIONAL and RATE CHANGES Expansion of the U.S. Region ●American Express will revise the OptBlue program to include American Samoa, Commonwealth of the Northern Mariana Islands, and the U.S. Minor Outlying Islands. Revisions for the Services & Professional Services Industry Program●American Express will revise Tier 1 and Tier 2 pricing for the Services & Professional Services industry. Enhancements for OptBlue Merchant Category Code●American Express will remove MCC 4814 - Telecommunication Services from the OptBlue prohibited list. It will now be eligible for OptBlue under 'Other' Industry. New & Revised Acquirer Fees●American Express will revise the Assessment Fee from 0.16% to the new value of 0.165%.●American Express will introduce a new Acquirer Transaction Fee of $0.02 that will apply to non-debit charges, credit (consumer and commercial) and prepaid transactions. Debit Network Changes INTERLINK●Effective April 1, 2022, Interlink introduced new rules and fees to assist in properly using and managing declined response codes, eliminate excessive reattempts and maintain data consistency in authorization fields. ●Interlink will implement a new acquirer fee program that will be available to U.S. domestic non-regulated debit and prepaid transactions from eligible merchants that are processed by registered acquirers. ●Payment Facilitator ID and Sub-Merchant ID tags in the Transaction Specific Data field will be required to be sent when a Payment Facilitator is involved in an OCT. MAESTRO ●Maestro will require a new gaming participation flag to support winnings to be transferred to a Mastercard, Debit Mastercard, or Maestro card account and enables winnings to be transferred within 30 minutes. PULSE ●PULSE is expanding the support for Quasi-Cash transactions to now include PINless and Card-Not-Present Quasi-Cash transaction.●Effective April 1, 2022, PULSE will revise the PINless Point-of-Sale (POS) interchange rates for the PULSE PAY Limited and PULSE Prepaid segments. STAR ●Effective April 23, 2022, STAR Network will increase the transaction limits for Funds Transfer Credits from $5,000 to $10,000 per transaction as well as the maximum limit per card, per month will increase from $10,000 to $20,000. ACCEL●April 1, 2022, Accel will increase the transaction limits in support of Money Transfer Credit (MTC) transactions from $2,500 to $10 ,000 per transaction as well as the maximum limit per card, per month will increase to $20,000. AFFN ●Effective April 1, 2022, AFFN will require the Point-of-Service Entry Mode to include the International Organization for Standardization (ISO) code '10''in positions 1-2 with a description of stored credentials (Card-on-File). NYCE ●Effective April 15, 2022, NYCE will require the approved partially authorized amount in the Transaction Amount field for a partial Pre-Authorization of a POS transaction response message. In addition, the original requested amount and the Amount Type Indicator 91 will be required in the Additional Amounts field. ●Effective April 15, 2022, NYCE will revise support of Incremental Pre-Authorizations to include the new Amount Type value of 43 - Total Cumulative Amount, in the Additional Amounts field/data element to indicate the Total Cumulative Amount of all Pre-Authorizations associated with the same transaction event. NYCE/Culiance/AFFN ●Effective April 15, 2022, POS transactions that support QR Code value 03 - Bar Code/QR Code should be used instead of value 10 in PAN Entry Mode and Card Input Capability data fields. Dispute Changes (refer to your Disputes Best Practices Guide for updates, available in Dispute Manager) Visa E-Comm Transactions Authenticated with Device-Based Secure Element Token Fraud Dispute Protection (effective April 23, 2022)●Visa is providing fraud dispute protection for reason code 10.4 "Other Fraud - Card-Absent Environment" when a cardholder-initiated e-commerce transaction contains a Token Authentication Verification Value that was fully validated. Authorization must contain an ECI value of a “5 / 05” with a Token Authentication Value of a "2". Mastercard/Maestro Revised Chargeback Standards ●Mastercard/Maestro is revising the chargeback standards for the following reason codes: Reason Code 4853/4855 - Goods or Service Not Provided; 4853 - Not as Described; 4853/4860 - Credit Not Processed.●Mastercard / Maestro is reducing the maximum time frame for chargeback Reason Code 4853/4855 - "Goods or Services Not Provided" to 120 calendar days from the first presentment for disputes regarding merchant-branded prepaid gift card without an expiration date when the merchant has gone out of business.●Mastercard is clarifying the Cardholder Dispute chargeback standards when monetary value or digital assets are purchased and subsequently not deposited or otherwise made inaccessible for use, in violation of the terms and conditions of the contract between the merchant and cardholder. Summary of Spring 2022 Card Brand & Debit Network Organization Changes CED0982I The following changes are effective April 22, 2022, unless otherwise indicated Please refer to the "Resources" section of www.businesstrack.com for additional Card Brand and Debit Network Organization information. Important: 8-Digit BIN Reminder for ALL Card Brands. As previously communicated, the Global BIN File has been updated to support the mandated eight-digit BIN changes. Please carefully review any changes that need to be made prior to April 22, 2022, if BIN information is used for processing (including but not limited to Merchant Choice Routing, Merchant Loyalty (special discount programs offered to cardholders who execute "on us" transactions), Dual Branded BIN lists for mag-stripe transactions, PIN bypass eligibility for mag-stripe transactions). Visa® OPERATIONAL and RATE CHANGES New System Integrity Fees (effective April 1, 2022) ●Visa introduced new fees to assist in properly using and managing declined response codes, eliminate excessive reattempts and maintain data consistency in authorization fields. Please refer to your Pass-Through Fee Schedule for effective dates and rates. Revised Rates for Existing Visa Consumer Credit Fee Programs ●Visa introduced a new card not present (Product 1) interchange program to CPS qualified Visa Consumer credit purchase transactions which will apply to transactions that are ineligible for one of the new industry-based interchange fee programs. ●The Non-Qualified fee will be revised from 2.70% + $0.10 (maximum $1.10 for MCC 5441 and 5542) to 3.15% + $0.10 (maximum $1.10 for MCC 5441 and 5542). ●Visa is also introducing a new fee program for transactions originating from Consumer Bill Payment Service (CBPS) providers. Revisions to the Visa Utility Fee Program ●Visa will introduce new debit and prepaid recurring interchange rates for the existing U.S.Utility interchange fee program to differentiate the rates for recurring bill payment utility transactions from non-regulated Visa Consumer and Visa Business debit and prepaid products. New Interchange Fee Programs for U.S. Manual Cash Disbursement Transactions ●Visa will introduce five new manual cash disbursement fee programs. New Interchange Fee Program and Processing for Commercial Choice Program in the U.S. Region ●Visa is introducing a new Commercial Choice Program for U.S. domestic payment transactions that will be based on an agreement between the acquirer, merchant, and issuer and will require registration with Visa. New Acquirer Fee Program for Non-Regulated Debit and Prepaid Transactions ●Visa will implement a new acquirer fee program that will be available to U.S. domestic non-regulated debit and prepaid transactions from eligible merchants that are processed by registered acquirers. Revisions to Merchant Segment Interchange Fee Programs for Visa Consumer Credit Transactions ●Visa will implement changes to the existing merchant segment interchange rates for tokenized Visa Consumer Credit purchase transactions that meet Card-Not-Present CPS qualification. New Small Merchant Interchange Fee Program for Visa Consumer Credit Transactions ●Visa will revise interchange requirements and rates for tokenized and non-tokenized Visa Consumer Credit purchase transactions pertaining to small merchants (up to $250,000 in gross Visa sales) in select industries (Restaurant, Taxi, Real Estate, Education, Healthcare, Advertising, Insurance, Services, Telecommunications and Cable). ●Visa will also revise Product 1 (Card Not Present) and Product 2 (Card Present) interchange requirements and rates for tokenized and non-tokenized Visa Consumer Credit purchase transactions pertaining to small merchants (up to $250,000 in gross Visa sales) in all other industries. Revisions to Product 1 Interchange Fee Programs for Visa Consumer Credit Transactions ●Visa will revise the existing Product 1 interchange fee programs for non-tokenized Visa Consumer credit purchase transactions and Account Funding Transactions (AFTs) that meet Card-Not-Present CPS qualification. Miscellaneous Visa Fees ●Visa will implement a new fee of $0.001 (U.S. and Canada) and $0.005 (LAC) per Address Verification Service (AVS) result. The AVS fee will not be charged when the address is not verified or when the transaction is an Account Verification Message, Account Funding Transaction (AFT) or Original Credit Transaction (OCT). Visa will implement a new LAC fee of $0.0035 (domestic) and a fee of $0.025 (international) for Account Verification messages. Revisions to Support New Account Name Inquiry Functionality in Account Verification Messages ●Visa is introducing Account Name Inquiry, a new name matching functionality available for the account verification messages for Card-Not-Present transactions. This is in addition to the ZIP code matching functionality currently available. Updates to existing Visa Commercial Fleet Fee Programs ●Merchants must support addendum changes for fuel and non-fuel purchase transactions, both in-store and AFD. Also, Visa will add a new Commercial Card EMV Fleet Service addendum containing the Business Format Code FT - Commercial Card EMV Fleet Service. Mastercard® OPERATIONAL and RATE CHANGES New and Revised U.S. Region Interchange Programs and Rates ●Mastercard will revise sixteen (16) U.S. Consumer interchange programs. ●Mastercard will revise the rates for the Unregulated Consumer Debit and Unregulated Consumer Prepaid structures. ●Mastercard will add a new rate pertaining to Merit 1 Day Care within the Consumer Credit Structure. Introducing Mastercard Installment Payment Product Codes in the U.S. Region ●Mastercard is introducing and all merchants will be enabled to allow installment payment options at POS checkout. Merchants will be funded the full amount of the transaction; Cardholder will be billed in installments. ●Merchants choosing to opt-out will need to contact their Relationship Manager or Customer Service. Installment payment transactions will decline at opt-out locations. ●Mastercard is introducing a new interchange program and fees to support installment payment transactions. Expanding Digital Enablement in the U.S. Region (Effective April 11, 2022) ●Mastercard will revise the billing structure for the Digital Enablement Fee. The fee will increase from 0.01% to the new value of 0.02% for all U.S. acquired authorizations with a minimum billing of $0.02 and a maximum of $0.20 per transaction. Enhancements to Interregional and Intraregional Interchange Programs ●Mastercard is enhancing the interregional and intraregional interchange programs to simplify the programs. Revised Standards for Installment Transactions ●Mastercard is clarifying requirements and adding a new transaction type identifier value of P10 (Installment Base Repayment). Decline Reason Code Service Pricing for Card-Not-Present Transactions in Canada, LAC, and U.S. (Effective April 11, 2022) ●Mastercard is introducing a new fee of $0.02 for U.S. and Canada and 0.03% (minimum $0.00025, maximum of $0.12) for LAC, for re-submission of certain decline authorization codes for card not present transactions. Deferred Authorization Indicator ● Mastercard is requiring the Deferred Authorization indicator be sent in the authorization request for deferred transactions. Data Enhancements for Mastercard MoneySend and Funding Transactions ●Mastercard updated the program standards to require the Additional Transaction Reference Data field (DE 108) to include Originating Institutions (OIs) for funding transactions for MCC 4829 (Money Transfer) or MCC 6540 (Funding Transaction). STAR Access SM Changes Revisions for STAR Access Fee Schedule ●STAR Access will introduce a new $0.10 Reclass fee and a new $0.01 Token Exchange fee. In addition, the $0.0325 Auth Decline fee will increase to $0.10. STAR Access Front of Card Revision ●STAR Access restructured their interchange programs and introduced new debit rates based on the issuer identified BINs on the front of the card.