Effective Nov. 20, 2016, MasterCard is introducing a new Processing Integrity Fee in the Canada region. The Processing Integrity Fee will be assessed to approved authorizations that are either not reversed or settled within specific timeframes.
A fee of $0.045 will be assessed to approved Undefined Authorizations that are not reversed or not settled within seven calendar days, or a Preauthorization that is not reversed or settled within 30 calendar days.
Effective June 18, 2017, a Processing Integrity Fee of 0.25% of the authorized amount (minimum fee of $0.04 per authorization) will be assessed to approved Final Authorizations that are not cleared or settled within seven calendar days.
Please contact your Vantiv eCommerce relationship or partner manager if you have any questions.