Visa’s existing interim PAN Pass Back Program will only be available until end of March 2026. This Program is for transit operators that require PAN to be returned to them during a token transaction. After March 2026, you are expected to implement changes to receive Payment Account Reference (PAR) instead of PAN. Visa will stop sending the PAN in transaction responses beginning April 2026.

The program will only be available for transit operators under the following Merchant Category Code:

• MCC 4111 - Local and Suburban Commuter Passenger Transportation, Including Ferries
• MCC 4112 - Passenger Railways
• MCC 4131 - Bus Lines

The following Program Fees will be assessed starting from April 2024:

_{Published 17 May 2023 | P2022.1087}

On 1 December 2025, Visa will update domestic credit, debit, and prepaid interchange rates in New Zealand, as follows:

Table 1 – Visa Updated Domestic Maximum Credit Interchange

Table 2 – Visa Updated Domestic Maximum Debit Interchange

Table 3 – Visa Updated Domestic Maximum Prepaid Interchange

<sub>1. Currently, the Recurring Payment Fee Program consists of a Tokenized Recurring fee and a Recurring Payments fee. The Tokenized Recurring fee will be retired and the Recurring Payments fee will be updated as outlined above.
2. Applicable for card-present (CP) only.
3. Applicable for card-not-present (CNP) only.</sub>

_{Published 15 October 2025 | P2025.2129}

On 18 October 2025, Visa will:

• Introduce two optional programs, detailed in Table 1, which applies to vehicle rental merchants operating under the following merchant category codes (MCCs):
  • 3351 – 3500 – Car Rental Agencies
  • 7512 – Automobile Rental Agency
• Globally align rules for rental damage charges and recommend best practices for processing delayed charges shown in Table 2

Table 1 –  New Visa Optional Programs for Vehicle Rental Merchants  

Table 2 –  Visa Guidelines for Vehicle Rental Transaction Processing

You may contact your JPMorganChase representative for more information.

<sub>1. Dispute rights remain the same, and authorization-related disputes will not affect the Visa Acquirer Monitoring Program calculations. Authorization and processing time frames will not be extended by this program.
2. Additional authorization amounts obtained in the estimated authorization at the time of car pick-up must not include estimates for potential damages or other post-rental charges (e.g. tolls, parking fines). These charges should be processed separately.
3. Charges that may be covered by the delayed charge transaction.</sub>

_{Published 15 October 2025 | P2025.1574}

On 18 October 2025, Visa will add new Spend Qualified Indicator (SQI) values to supplement the existing values shown in the table below.

The new SQI values may be applied to Interchange Reimbursement Fee programs similar to their current values in certain markets. Future programs may include an expanded level of spend qualification which may utilize the new values.

Please visit our Developer Center for the complete specifications of the SQI values.

Table – Visa New and Existing SQI Indicators

_{Published 15 October 2025 | P2025.0648}

On 17 October 2025, Visa will add Visa Stop Payment Service (VSPS) checks in the account verification process. This will notify merchants of stop instructions for a primary account number for recurring and installment transactions.

Please be prepared to receive the following VSPS decline response codes:

• R0 – Stop this payment
• R1 – Stop all future payments
• R3 – Stop all merchants

These VSPS decline response codes indicate that the cardholder has withdrawn their consent to use their card for payment. Please do not attempt to resubmit an authorization request after receiving any of the VSPS decline response codes.

_{Published 15 October 2025 | P2025.0651}

On 1 October 2025, Visa will increase their Commercial Choice (VCC¹) Travel fee to 0.75% from 0.60% for domestic credit, debit, prepaid, deferred debit, and charge transactions. This change does not affect intraregional and interregional VCC Travel transactions.

_{1. The Visa B2B Virtual Payments Program has been renamed Visa Commercial Choice Travel Program.}

_{Published 15 July 2025 | P2025.1005}

On 18 October 2025, Visa will add pre-order sales as a new category of advance payment transaction. This will enable securing payment before the goods or services are available.

The following transaction types are classified as pre-orders:

• Goods or services that are not yet commercially available
• An item that is currently back-ordered, possibly due to shipping issues
• A highly anticipated good or service for future availability
• Limited-edition items

Changes to the authorization message to include a new advance payment indicator is required to identify advance payment transactions. 

Please contact your JPMorganChase representative for more information.

_{Published 15 August 2025 | P2025.0426}

On 17 October 2025, Visa will add response code 78 – Blocked, first used or special condition—new cardholder not activated or card is temporarily blocked to the list of permitted response codes for credit voucher and merchandise return authorization transactions. Please refer to the updated list below.

Table 1 –Visa Valid Card Issuer-Provided Approve Response Codes

Table 2 – Updated Visa Valid Card Issuer-Provided Decline Response Codes

<sub>1. Applies only to non-reloadable prepaid cards that do not support credit transaction types, or certain healthcare-related prepaid products where transactions are restricted to certain merchant categories. Response code 57 is not valid for general credit or debit card transactions.
2. This is not a new response code; it already exists for other transactions, but it is now being leveraged for merchandise return and credit vouchers.</sub>

_{Published 15 September 2025 | P2025.0649}

Visa has updated their Visa Acquirer Monitoring Program (VAMP) ratio to include fraud disputes, in addition to non-fraud disputes.

Beginning 1 October 2025, Merchants exceeding VAMP ratio thresholds and minimum monthly counts to enter the program will be assessed a merchant excessive fee of 8 USD by Visa, multiplied by each instance of fraud and each dispute.

It is recommended to take the following measures to reduce being identified in VAMP:

• Implement fraud prevention and security tools to detect and prevent unauthorized transactions,
• Use advanced dispute mitigation tools, such as Real-time Dispute Resolution (RDR) systems and
• Conduct thorough analyses of chargebacks to yield insights on underlying causes of disputes.

_{Published 15 August 2025 | P2025.1030}

On 1 September 2025, Visa will modify their domestic interchange rates in Australia shown below.

Table – Visa Updated Domestic Interchange Rates in Australia

_{1. Goods and services tax.}

_{Published 15 August 2025 | P2025.1957}

The advisory period for the Visa Acquirer Monitoring Program (VAMP) enhancements has been extended to 30 September 2025. You must continue to monitor fraud and dispute metrics and improve risk controls when necessary during this advisory period, until the 1 October 2025 VAMP reinforcement.

To avoid potential fines under VAMP, please consult your JPMorganChase representative for advise on risk improvement measures and for more information on Visa's monitoring thresholds.

_{Published 15 May 2025 | P2025.0593}

Visa has updated their Address Verification Service (AVS) result code definitions and descriptions. Please note that there are no changes to AVS result codes.

For effective AVS results, follow these best practices:

• Send genuine address data provided by the cardholder
• Do not send dummy or repeat data
• Do not send exclusively spaces, blanks or non-printable characters
• Provide both street address and postal / ZIP code whenever possible
• Ensure the billing address is sent in AVS requests when the shipping and billing addresses are different

_{Published 15 September 2025 | P2025.1593}

On 1 June 2025, Visa will revise their domestic interchange rates in Australia as follows.

Table – Visa domestic interchange rates for credit and debit transactions

_{1. Goods and services tax.}

_{Published 15 May 2025 | P2025.0983}

Visa Account Updater (VAU) push subscribe service was recently launched. With this, you have the option to register a list of cardholder primary account numbers (PANs) on file and automatically receive credential updates on the subscribed PANS (e.g. due to card expiration, replacement, or account changes).

This optional service allows you to receive the most current card information provided to Visa by issuing banks for a fee, helping reduce the chances of transaction declines due to outdated card details. In addition, it will also allow you to:

• Remove uncertainty on account updates
• Eliminate the need to send inquiries to VAU
• Improve authorization rates
• Reduce the file transmission costs associated with batch update file transmission
• Improve cardholder experience when cards are reissued

Please contact your JPMorganChase representative for more information on the VAU Push Subscribe Service.

Table – New VAU Push Subscribe Service Fee

_{1. Not applicable to AP markets where the Digital Commerce Fee has been introduced.}

^{Published 13 June 2025 | P2025.0621}

Starting 25 May 2025, Visa will increase the retry attempt to 20 times for both cardholder-initiated transactions (CITs) and merchant-initiated transactions (MITs) within 30 days after a category 2, 3 or 4 response code decline. Previously, the limit was only up to 15 times. With this change, do not submit any retries for a category 1 response code decline.

Please comply with the allowed number of retry attempts to avoid excessive retry fees under the program. The fees will be assessed for every reattempt beyond the permitted number of retries.

_{Published 15 May 2025 | P2024.2594}

Visa Secure now supports merchant participation in Compelling Evidence (CE) 3.0 by allowing merchants to share certain data elements during authentication.

Data collected under CE 3.0 will be used to manage disputes. For example, when a cardholder initiates a fraud-related dispute, Visa validates the CE 3.0 data by comparing the data of the disputed transaction against the historical transactions and determines if the transaction qualifies for CE 3.0 protection.

Please contact your 3DS service provider to confirm if they support additional CE 3.0 data.

_{Published 15 May 2025 | P2025.0433}

Update: The effective date of this change has been postponed until further notice by Visa.

Starting 31 July 2025, Visa will no longer honor the tokenized standing instruction merchant-initiated transactions (MIT) listed below, sent with a newly generated device token. These transactions will receive the decline reason code 530 (Do Not Honor).

• Installment Payments
• Recurring Payments
• Unscheduled Stored Credential

Visa will continue accepting standing instruction MITs from your existing cardholders with device tokens that were generated prior to 1 August 2025.

To avoid payment disruptions, please work with your token service providers to replace the device tokens with card-on-file tokens for standing instruction MITs. You may also contact your JPMorganChase representative to find the right token solution for you.

_{Updated 15 May 2025 | P2025.0360
Published 13 December 2024 | P2024.0093}

On 15 April 2025, Visa will activate 3-D Secure (3DS) servers for merchants to receive the Visa Protect Authentication Intelligence (VPAI) score in authentication response messages for Visa Data Only (VDO) authentication requests.

VDO is an information-only authentication data exchange between the merchant and card-issuer through Visa Secure messages wherein complete authentication is not performed for VDO transactions, which makes merchants unaware of the risk level of the data they supply. The VPAI score, formerly known as the Visa Risk Based Authentication Score can help you manage fraud risk by providing more data for analysis and simplifying the checkout process for low-risk customers.

Please contact your 3DS server service providers to learn how to access and use the VPAI score to your advantage.

_{Published 15 April 2025 | P2025.0395}

Effective 12 April 2025, the Visa Easy Payment Service (VEPS) limits will increase for all transactions shown below.

Please contact your POS terminal providers to ensure your terminals and acceptance systems are updated.

Table  – Visa Increase in VEPS Limits in Australia and New Zealand

<sub>1. Limit for Australia
2. Limit for New Zealand</sub>

_{Published 15 October 2024 | P2024.1596}

Visa will make the following changes for the Small Merchant Acceptance Program shown below.

Table 1 –  Visa changes for the Small Merchant Acceptance Program and effective dates

Table 2 –  Visa updated domestic interchange rates for the Small Merchant Acceptance Program

You may contact your JPMorganChase representative for more information on these changes.

<sub>1. Applicable for Merchant Category Code (MCC) 5814—Fast Food Restaurants, MCC 5812—Eating Places and Restaurants, and MCC 5462—Bakeries.
2. Applicable for all other MCCs, with exclusions. Please refer to the Singapore Small Merchant Acceptance Program Application Form for the full list of MCC exclusions.</sub>

_{Published 15 April 2025 | P2025.0602}

Visa launched the Visa Flexible Credential (VFC) service, formerly known as Visa Multiple Account Access Service (VMAAS). This service will enable cardholders to access multiple funding sources from the same card issuer through a single Visa credential.

Please contact your JPMorganChase representative to know more about VFC and its complete specifications.

_{Published 15 April 2025 | P2024.1958}

Visa is reminding everyone that transaction identifiers from previous merchant-initiated transaction (MIT) can no longer be used for new token MIT series. Instead please do the following:

• Use the transaction ID from the initial cardholder-initiated transaction (CIT), and
• include the correct POS Environment Code in the initial CIT.

_{Published 15 April 2025 | P2025.0462a}

Effective 1 March 2025, Visa will revise their National Net Settlement Service (NNSS) domestic interchange rates for credit and single network debit shown in the tables below.

Table 1 – Revised Visa Domestic NNSS Credit Interchange Rates

Table 2 –  Revised Visa Domestic NNSS Debit Interchange Rates

_{1. Goods and Services Tax.}

_{Published 14 February 2025 | P2025.0222}

Effective 1 February 2025, the Visa Installment Credential Standard credit product will be introduced which supports Buy Now Pay Later (BNPL) purchases made on digital payment credentials or physical cards.

New interchange rates associated with this product will be announced at a later date.

_{Published 10 January 2025 | P2024.1766}

On 1 January 2025, Visa will increase their Misuse of Authorization System fee to 0.153 USD from 0.093 USD. This fee will be assessed on transactions that do not follow proper authorization procedures, including timely reversals and clearing within the specified timeframe.

_{Published 26 December 2024 | P2024.1860}

On 1 December 2024, Visa will make the following changes to Visa Signature, Visa Infinite, Visa Business Platinum, Visa Business Signature, Visa Corporate, and Visa Purchasing.

• Align the Account Funding Transaction credit interchange hierarchy with product purchase credit interchange rates
• Revise domestic interchange rates

Table – Visa Domestic Credit Interchange Rates

<sub>1. National Net Settlement Service.
2. Goods and Service Tax.</sub>

_{Published 15 November 2024 | P2024.2294}

Update: Visa moved the first billing of the Processing Integrity Program fees from November 2024 to October 2024, excluding India and Japan. For India, the fees will be implemented on 1 July 2025, while the fees in Japan will be announced on a future date. Visa also added a list of exempted MCCs.

Effective 1 October 2024, Visa will implement the Electronic Data Quality Program (EDQP). To comply with the EDQP, you and your system processors must ensure that the transaction data received directly from the authorization response or using third-party agents such as payment facilitators is carried over exactly to the clearing records.

In addition, Visa will delay the effective date of the Processing Integrity Program fees to October 2024 (excluding India and Japan) to allow for adequate time for clients to make the appropriate changes for both programs.

The following MCCs are exempted from the Processing Integrity Program:

• MCC 3000 – 3500 – Airlines
• MCC 4111 – Local and Suburban Commuter Passenger Transportation, Including Ferries
• MCC 4112 – Passenger Railways
• MCC 4121 – Taxicabs and Limousines
• MCC 4131 – Bus Lines
• MCC 4511 – Airlines and Air Carriers (Not Elsewhere Classified)
• MCC 4784 – Tolls and Bridge Fees
• MCC 7523 – Parking Lots, Parking Meters, and Garages

_{Updated 15 November 2024 | P2024.1830
Published 15 August 2024 | P2023.2420}

Effective 13 April 2024, Visa will update the payment model rules for eligible payments transacting through a Business Payment Solution Provider (BPSP). The updated rules will include, but are not limited to, the following use cases:

• Buyers to use either a Visa commercial or consumer¹ card for payments in business-to-business transactions.
• Suppliers that use Visa, but will not accept card payment for the purchase of business-related goods and services, can be paid through a BPSP².
• Suppliers from a different country can be paid through a BPSP, with additional fees applicable.

You may contact your J.P. Morgan representative for more information on these changes.

_{1. Consumer cards will only be accepted for payment until April 2027.}
2. BPSP will be required to confirm with Visa that the supplier concerned being paid through BPSP declined to accept card payment directly from the buyer.

_{Published 15 February 2024 | P2023.2207}

On 1 December 2025, Mastercard will update their domestic credit, debit, and prepaid interchange rates in New Zealand, as follows:

Table 1 – Updated Mastercard Domestic Credit Interchange Rates

Table 2 – Updated Mastercard Domestic Debit Interchange Rates

Table 3 – Updated Mastercard Domestic Prepaid Interchange Rates

_{Note: If the transaction qualifies for more than one rate, the highest prioritized rate takes precedence.}

_{Published 15 October 2025 | P2025.2106}

Effective 4 November 2025, Mastercard will apply Merchant Advice Code (MAC) to card-present transactions. This change will allow you to receive MAC value 02 (Cannot approve at this time, try again later) that will not be limited to deferred authorizations. This will help manage resubmissions for deferred authorizations.

_{Published 15 October 2025 | P2025.0809}

On 18 October 2025, Mastercard will make the following changes:

• Introduce interchanges rates for Debit High Volume 1 and Debit High Volume 2
• Modify the priority for dual and single network debit card interchange rates

Table 1 – Mastercard Updated Dual Network Debit Card Interchange Rates in Australia

Table 2 – Mastercard Updated Single Network Debit Card Interchange Rates in Australia

_{1. Goods and Services Tax}

_{Published 4 October 2025 | P2025.2276}

On 17 October 2025, Mastercard will introduce the Consumer World Select, and modify the Consumer Elite interchange rates shown below.

Table 1 – New Mastercard World select Interchange Rates

Table 2 – Modified Mastercard Consumer Elite Interchange Rates

_{Published 15 September 2025 | P2025.1053}

On 18 October 2025, Mastercard will introduce their high volume interchange program to participating merchants. You’ll see the program rates in the table below.

A Mastercard Assigned ID will be provided to identify transactions that meet the following criteria:

• Domestic card-present debit transactions, both dual and single network, and
• At least 5,000,000 transactions annually.

Table – Mastercard High Volume Interchange Program Rates

To participate in this program, please contact your JPMorganChase representative.

_{1. Goods and services tax.}

_{Published 15 September 2025 | P2025.0328}

On 17 October 2025, Mastercard is revising the following standards shown below.

• Authorization resubmission requirements: Resubmitted requests must include the same merchant details and POS condition values as the original, unless exceptions apply (e.g., transit debt recovery). They must also include the original PAN and expiration date, a tokenized-stored credential obtained through Secure Remote Commerce tokenization, or new account information from the cardholder or Automatic Billing Updater.
• Token cryptogram exception. If token cryptogram data is used in a declined merchant-initiated transaction (MIT) authorization request, it must not be reused in subsequent resubmissions.
• CNP transaction restrictions. Declined card-not-present (CNP) cardholder-initiated transactions must not be resubmitted as an MIT, except for transit debt recovery.
• Merchant advice codes. Merchants should use the decline reason and merchant advice code from the issuer's response in their resubmission strategies for MITs.
• Prohibition of data manipulation. Merchants must not manipulate transaction data in resubmissions to evade payment arrangement cancellations. This includes altering the acceptor ID or acceptor name used in the merchant's transaction messages, or shifting the merchant's transaction volume to a different acceptor ID.

_{Published 15 September 2025 | P2025.0437}

On 17 October 2025, Mastercard will introduce a new process allowing non-transit merchants to resubmit card-present transaction authorizations that were initially declined, provided the decline reason doesn’t prohibit resubmission. Merchants can attempt resubmission starting 24 hours after the initial decline and continue for up to 13 days. However, resubmitting transactions declined for reasons that explicitly prevent resubmission must be avoided.

Please contact your JPMorganChase representative for more information on the deferred authorization resubmission specifications.

_{Published 15 August 2025 | P2025.1900}

On 18 October 2025, Mastercard will modify their criteria for interregional Digital Commerce interchange program for card-not-present (CNP) transactions. To qualify for this program, transactions must meet either of the following:

• Transactions should be 3DS authenticated, or
• Transactions should be tokenized and include a Token Requestor ID

CNP transactions that do not qualify for the Digital Commerce interchange program will qualify for the Consumer Base interchange program.In addition, the interregional Consumer Rate III: Base interchange will be modified as shown below. The refund rate of 1.00% remains the same.

Table – Updated Mastercard Interregional Consumer Rate III: Base Interchange Rates

_{Published 15 August 2025 | P2025.0168}

On 6 October 2025, Mastercard will update their Digital Assurance Fee for non-tokenized card-on-file (COF) and non-COF transactions. The fees for non-COF transactions will only apply to domestic transactions.

Table – Updated Mastercard Digital Assurance fee

_{Published 15 August 2025 | P2025.0902}

On 6 October 2025, Mastercard will revise their Digital Assurance Fee for non-tokenized transactions. A fee of 0.04% will be assessed for non-tokenized Card-on-File Cross-border credit and debit transactions.

_{Published 15 July 2025 | P2025.0907}

On 17 October 2025, Mastercard will introduce their World Select domestic interchange rates in Singapore for consumer credit transactions associated with product code MWL (Mastercard World Select). The interchange rates are in the tables below.

Table – Interchange Rates

_{Published 15 July 2025 | P2025.1054}

On 17 October 2025, Mastercard will introduce their World Select intraregional interchange rates for consumer credit transactions shown below.

Table – Mastercard World Select Interchange Rates

_{Published July 15, 2025 | P2025.1065}

On 18 October 2025, Mastercard will modify their interchange rate structure for intraregional transactions as follows.

Table – Updated Mastercard Intraregional Consumer Interchange Rates

_{1.     Only for acceptor business codes (MCCs) 5542, 5960, 5962, 5964, 5965, 5966, 5967, 5968, and 5969.}

_{Published 13 June 2025 | P2025.0179}

Mastercard will introduce a 0.10% Non-Local Currency fee on 13 October 2025. This applies when merchants choose to settle transactions in a currency other than their domestic currency.

_{Published 15 May 2025 | P2025.0103}

On 18 October 2025, Mastercard will revise their intraregional interchange rates as follows.

Table – Mastercard intraregional interchange rates for credit transactions

_{1. Only for acceptor business codes (MCCs) 5542, 5960, 5962, 5964, 5965, 5966, 5967, 5968, and 5969.}

_{Published 15 April 2025 | P2025.0179}

Update: Mastercard has removed some countries affected by the fee. See the updated list in Table 2.

On 29 September 2025, Mastercard will introduce the Final Authorization Validity Value fees for final authorization transactions in select countries. These fees depend on the time between the final authorization approval and clearing submission. No fee will be charged if the clearing transactions are submitted within 24 hours of the final authorization.

Table 1 – Mastercard Final Authorization Validity Value Fee for Cleared Final Authorization Transactions

Table 2 – Mastercard Final Authorization Validity Value Fee for Select Countries

_{Updated 15 September 2025 | P2025.0569u1
Published 15 August 2025 | P2025.0569}

On 1 September 2025, Mastercard will modify their domestic interchange rates for credit and single network debit transactions as shown below.

Table – Mastercard Updated Interchange Rates for Credit and Single Network Debit Transactions

_{1. Goods and services tax.}

_{Published 15 August 2025 | P2025.1992}

Starting 15 September 2025, suspected fraudulent transactions may be blocked using payment account reference (PAR) value instead of individual virtual card numbers (VCN). This function arose from Mastercard’s linking of all the VCNs being tokenized from the same consumer card account PAR value in tokenization. This change aims to help prevent VCN-related fraud.

Please reach out to your token requestor service provider for more information.

_{Published 15 August 2025 | P2025.0988}

Starting 1 September 2025, all Asia Pacific-issued cards will experience rejections for chip to magnetic stripe fallback transactions, as per Mastercard’s requirement.

_{Published 15 May 2025 | P2025.0440}

On 11 July 2025, Mastercard will introduce new consumer and commercial product codes with new interchange rates for domestic transactions as shown below.

Table – Mastercard Consumer and Commercial Domestic Interchange Rates

<sub>1. Interchange rate designators.
2. Goods and services tax.</sub>

_{Published 30 June 2025 | P2025.0185}

On 7 July 2025, Mastercard will revise their Digital Assurance Fee (DAF) for non-tokenized transactions to 0.04%. This fee will apply to:

Table 1 – Card-on-File Non-Tokenized Debit and Credit Transactions in the Following Countries

Table 2 – Non Card-on-File Non-Tokenized Domestic Debit and Credit Transactions in the Following Countries

_{Published 30 June 2025 | P2025.0108u1}

On 1 July 2025, an incentive interchange rate of 0.421% capped at 485.60 INR will be introduced by Mastercard for transactions under the business segments listed below. These rates will apply to point-of-sale and e-commerce transactions with a ticket size greater than 2,000 INR.

Table – Mastercard Debit and Maestro Select Utilities and Healthcare Business Segments

_{Published 13 June 2025 | P2025.0334}

On 30 June 2025, a SEA Travel Marketing and Acceptance Fund fee of 0.10% on all cross-border international purchases will be introduced by Mastercard. This applies to Southeast Asian merchants including Singapore.

Mastercard will also modify the existing Acquirer Cross-border Purchase fee as shown below.

Table – Mastercard Updated Rates for Acquirer Cross-Border Purchase fees

_{Published 13 June 2025 | P2025.0574, P2025.0574u1}

Update: The Digital Assurance fee for unauthenticated transactions will be revised by Mastercard on 7 July 2025. Full details can be seen in the table below.

On 14 October 2024, Mastercard will include tokenized non-authenticated transactions in the Asia Pacific region in their Digital Assurance Fee revision.

On 1 July 2024, Mastercard will revise their Digital Assurance Fee for the following transactions:

• Unauthenticated card-not-present (CNP) e-commerce transactions for Singapore, India, Brunei, Cambodia, Indonesia, Lao People’s Democratic Republic, Malaysia, Myanmar, Philippines, Thailand, Timor-Leste, Vietnam, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka
• Non-tokenized card-on-file (COF) transactions for all markets and non-COF transactions in Australia, New Zealand, Singapore, Hong Kong and Malaysia
• Tokenized non-authenticated transactions in the Asia Pacific region will be included in the Digital Assurance Fee revision on 14 October 2024

The following markets are excluded from the Digital Assurance fee:

• Australia, New Zealand, Singapore, Hong Kong and Malaysia which are all tokenized non-COF markets, have fee exclusions for all cross-border non-COF transactions
• India, Korea, Taiwan and China have fee exclusions for all domestic COF transactions
• Thailand and Myanmar have fee exclusions for all domestic COF transactions with a Debit Mastercard product

Table – Revised Mastercard Digital Assurance fee

_{Updated 13 June 2025 | P2025.0088
Updated 15 August 2024 | P20Q1.079u3
Published 15 April 2024 | P20Q1.079u1}

Update: On 1 June 2025, Mastercard will add specific programs to their modified domestic interchange rates. Please refer to the updated table below.

On 1 March 2025, Mastercard revised their domestic interchange rates as follows.

Table – Mastercard updated domestic interchange rates in Australia

_{1.     Goods and Services Tax.}

_{Updated 15 May 2025 | P2025.0989
Published 14 February 2025 | P2025.0213}

Starting 1 May 2025, Mastercard will assess fees for Force Post transactions (deposit transactions submitted without an approved authorization). Please make sure all transactions are approved and authorized to prevent the fees shown in the table.

The fee does not apply to:

• Collections-only processing
• Rebates
• Airline transactions
• Reversal transactions
• Bridged transactions
• Aggregated transit transactions
• Merchant and acquirer funded installments

Table – New Mastercard Force Post Transaction Fee

_{Published 14 March 2025 | P2024.2400}

Starting 7 April 2025, Mastercard will remove the tiered pricing for their Integrated Product Messages (IPM) fee for international (interregional and intraregional) transactions. Instead, a flat rate of 0.08 USD will be charged per message in the following countries.

• Brunei Darussalam
• Cambodia
• Lao People’s Democratic Republic
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam

_{Published 14 February 2025 | P2024.2389}

On 21 April 2025, Mastercard will enable the support of Companion Cloud tokens and Recurring Payment Cloud tokens in their Mastercard Digital Enablement Service for digital wallet transactions. Apple Pay will be the first wallet to take advantage of this functionality to provide you with enhanced payment options.

Companion Cloud Tokens facilitate secure eCommerce transactions across multiple devices, while Recurring Cloud Tokens can be stored to continuously support merchant-initiated transactions. Both types offer greater flexibility in managing tokens and reduce dependency on device tokens.

If you choose to support and utilize the Companion Cloud tokens and Recurring Cloud tokens in Apple Pay transactions, please contact Apple Pay for the complete specifications for each Cloud token.

_{Published 15 April 2025 | P2024.2614}

On 11 April 2025, Mastercard will expand the availability of the following product codes to cards issued in the Middle East and Africa. Mastercard will also be modifying or adding new interchange programs to support these codes.

• Debit Product Code MBP: Mastercard Corporate Prepaid
• Credit Product Code MRK: Prepaid Mastercard Public Sector Commercial Card

Table – Mastercard Modified Interregional Interchange Programs

_{1. Interchange Rate Designators.}

_{Published 13 December 2024 | P2024.2028}

On 1 March 2025, Mastercard will update their domestic single network debit card interchange rate.

Table – Mastercard Updated Intracountry Single Network Debit Card Interchange Rates

<sub>1. Greater than 15 AUD and less than or equal to 50 AUD.
2. Goods and Services Tax.</sub>

_{Published 14 February 2025 | P2025.0216}

Effective 3 February 2025, Mastercard will set the First Ride Risk (FRR) limit to 8 AUD per card or device. This limit is for the maximum amount that a transit merchant card may claim for certain unrecoverable debts.

A clearing transaction for owed amounts that do not exceed 8 AUD may be submitted by the transit merchant if a card issuer declines a transit deffered authorization request authorization request and other conditions are met as outlined in the FRR.

_{Published 13 December 2024 | P2024.1579}

Effective 6 January 2025, Mastercard will update their Authorization Optimizer¹ Service Pricing to provide timing insights for resubmitting authorization requests after a recurring card-not-present payment decline. The fees below will be assessed on a per cross-border transaction recurrence only, for all transaction amounts:

Table – Mastercard Authorization Optimizer Service Fee

_{1. Formerly known as the Decline Reason Code Service (DRCS).}

    _{Published 15 November 2024 | P2024.1067}

Mastercard no longer requires a receipt at the time of transaction from unattended point-of-sale (POS) terminals identified with any of the below MCCs. This change is allowed provided that there is clear disclosure on how a cardholder may obtain the receipt at a later time. For example, a QR code may be displayed linking to a website where the cardholder may access their receipt by entering their card’s PAN. Any such means involving the transmission, storage, or processing card data must comply with the Payment and Card Industry Data Security Standard (PCI DSS).

• MCC 4111 (transportation: suburban and local commuter passenger, including ferries)
• MCC 4112 (passenger railways)
• MCC 4131 (bus lines)
• MCC 4784 (bridge and road fees, tolls)
• MCC 4789 (transportation services: not elsewhere classified)
• MCC 7523 (automobile parking lots and garages)

In addition, effective 24 January 2025, Mastercard will revise the description of acceptor business code MCC 4789 (Transportation services: not elsewhere classified) to include self-service point-to-point bike and scooter share services. Such services typically operate within a city or municipality and allow a rider to hire a bike for a period of time, and when returned to a docking station or they end their session, they will be charged for the period of hire.

_{Published 13 September 2024 | P2024.1542}

Mastercard launched a promotional Spend and Win campaign available from October 2024 until December 2024. In this promotion, cardholders get an automatic entry for every Mastercard credit card transaction of $5 and above. This is for your awareness only.

_{Published 15 October 2024 | P2024.1751}

On 5 November 2024, Mastercard will introduce merchant advice code (MAC) value 43 to identify multi-use Virtual Card Numbers not generated by Mastercard. This will be used for approved Account Status Inquiry as well as both approved and declined transactions.

_{Published 13 September 2024 | P2024.0767}

Mastercard implemented their Token Validation and Lifecyle Services Fee. This fee will be billed when Mastercard Digital Enablement Service (MDES) is used for tokenization, and will cover:

• lifecycle management
• crypto validation of cryptograms on card-present and card-not-present transactions
• device enablement
• domain control
• card art
• transaction detail service

Table - MDES Token Validation and Lifecyle Services Fee

<sub>1. Card-present
2. Card-not-present</sub>

_{Published 15 November 2024 | P2024.0371}

Update: On 30 October 2024, Mastercard’s Acquirer Cross-Border Purchase rates will be updated as shown in the table.

On 1 July 2024, Mastercard will update cross-border assessment rates for Mastercard, Debit Mastercard, Maestro, and Cirrus card transactions processed through the Global Clearing Management System (GCMS) or the Single Message System (SMS).

Effective 8 July 2024, the Acquirer International Volume fees will be consolidated with the Acquirer Cross-Border Purchase fees.

Table – Mastercard Updated Rates for Acquirer Cross-Border Purchase Fees

_{Updated 15 November 2024 | P2024.0364
Published 15 May 2024 | P2024.0365, P2024.0033}

Update: Refunds to commercial card accounts and domestic India transactions are excluded from the online authorization requirement.

Effective 18 October 2024, Mastercard will require an online authorization for all refund transactions submitted for clearing.This excludes refunds conducted by airlines (MCCs 3000 through 3350 and MCC 4511) and contactless aggregated transit transaction refunds.

From 1 November 2024, this requirement will be included in Mastercard’s Data Integrity Monitoring Program. This helps ensure that all refund transactions submitted for clearing contain the proper transaction data needed for issuers to link to corresponding refund authorizations.

_{Updated 13 June 2025 | P2025.0302
Published 13 September 2024 | P2024.0493}

Effective 2 September 2024, Mastercard will increase their Nominal Amount Authorization Transaction Processing Excellence (TPE) fee to 0.100 USD from 0.045 USD. This applies to card-not-present transactions sent for authorization, approved, and reversed within 48 hours of the request with an equivalent amount of up to 1.00 USD.

Mastercard will change the qualification criteria to apply this fee to transactions with an equivalent amount of up to 2.00 USD on 1 January 2025.

To avoid this fee, you may use Account Status Inquiry instead of sending transaction with nominal amount to validate card status.

_{Published 15 July 2024 | P2024.0879}