Card network updates

Jan. 10, 2018

The latest information from American Express®, Discover® Network, MasterCard® Worldwide and Visa® U.S.A. regarding changes or updates to interchange rates, operating rules and regulations and other changes that may impact your company.

Advantage Bulletin – February 7, 2018

New Mastercard Canada Digital Commerce Development Fee

Effective May 1, 2018, a new MasterCard Canada Digital Commerce Development Fee of 0.02% will be assessed on all e-commerce transactions acquired in Canada.  The fee will apply to both sales and refunds and will be billed on both consumer and commercial debit and credit card transactions. 

If you have any questions, please contact your Relationship Manager.


Advantage Bulletin – January 10, 2018

Visa Introduces New Credit Integrity Fee

Visa will introduce a $0.10 transaction integrity fee applicable to credit transactions that do not meet the CPS qualification standards effective April 2018. The credit integrity fee will be assessed on Consumer Credit, Corporate and Purchasing, and Business non-CPS qualified transactions.

Discover and American Express Join Mastercard in No Signature Rule Changes

Discover and American Express have announced that Effective April 2018, they, along with Mastercard, are updating their rules to allow merchants the option to choose whether to collect a cardholder’s signature for all card-present point of sale transactions. Effective with this change, merchants will not be liable for chargebacks as a result of not capturing a signature for card-present transactions.

Network Regions
Mastercard United States
Discover United States
American Express Globally


Eliminating the requirement for signature collection allows merchants the option to discontinue collecting signatures for all transactions or to set thresholds for signature collection at their discretion.  Merchants interested in no longer requiring a signature may need to update their point of sale systems, however, the CVM settings should not be changed.

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