Effective April 1, 2026, Visa will modify their Non-Domestic Settlement Currency (NDSC) fee for cross-border transactions that are settled in a currency different from the merchant’s domestic currency, as shown below.

Table – Updated Visa NDSC fees

<sub>Notes:
- Any items billed in U.S. dollars to JPMorganChase by the payment brands will be converted and billed to clients in Canadian dollars.
- In accordance with the Code of Conduct for the Payment Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{1. As previously notified, due to the June 2023 amendment to the Excise Tax Act, services provided by Payment Network Operators are subject to Goods and Services/Harmonized Sales Tax (“GST/HST”). This GST/HST is unrecoverable to CPSI and, as such, this will be reflected as an increased cost of processing.
PCNO Fee = services provided by Payment Card Network Operators (PCNO).}

_{Published February 13, 2026 | P2025.1809}

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

Beginning October 1, 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.

Table – Updated VAMP criteria for merchant excessive thresholds

<sub>Note: Any items billed to Chase Paymentech by the payment brands in U.S. dollars will be converted and billed to clients in Canadian dollars.
1. Effective April 1, 2026 this threshold will be lowered to 150 bps.</sub>

_{Published August 15, 2025 | P2025.1030}

Effective April 2024, Visa will start charging a Payment Account Number (PAN) Pass Back Program fee of 0.02 USD per event for transit and urban mobility operators. This program will only be available for transit merchants processing token transactions under the following Merchant Category Codes:

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

You can implement a payment account reference (PAR) in your system before April 2024 to avoid this fee. The PAR provides the ability to link payment activity to a payment account.

Visa will stop sending PANs in transaction responses beginning April 2026. 

_{Published April 14, 2023 | P2022.1087}

On February 21, 2026, Visa will increase the permitted clearing variance for MCC 5812 – Eating Places and Restaurants and MCC 5814 – Fast Food Restaurants to 30% from 20%. MCC 5811 – Caterers will also be added to the same permitted clearing variance. The update aims to reduce dispute risks in case merchants need to process a final transaction amount with a clearing variance of more than 20%.

_{Published January 15, 2026 | P2025.2026}

All users of legacy Click to Pay solutions (such as Visa Secure Remote Commerce initiator (SRCi) Click to Pay button, Click to Pay button, or any integration that uses v1 of the SDK) are required by Visa to migrate to a compliant, network token-based Click to Pay implementation.

On January 31, 2026, legacy Click to Pay solutions will no longer be supported and should be migrated to any of the following Visa provided options:

• Unified Click to Pay
• Drop-In User Interface (UI)
• Visa Click to Pay
• Unified Checkout (for merchants currently on Cybersource gateway)

_{Published November 14, 2025 | P2025.0969}

Bulgaria will adopt the euro as their national currency in 2026. This change will affect transactions outlined below.

_{Published October 15, 2025 | P2025.2121}

Updated: Added clarification that the processing of delayed charges for damages will be prevented if there is a failure to submit required documentation.

Starting October 18, 2025, Visa will standardize requirements for processing delayed charges for loss, theft, or damages.

A delayed charge transaction for damages, will require merchants to obtain cardholder consent through one of the following:

• Cardholder signature on the same page and near the description of potential charges for delayed charge transactions
• Cardholder signature on the agreement and initials on each page, including the page with the charge description
• Other documentation proving the cardholder's liability for damages

Failure to submit the required documentation will prevent the processing of delayed charges for damages.

These requirements apply to the following merchant types:

• Vehicle Rental Merchants (Including but not limited to MCCs 3351 – 3441)
• Lodging Merchants (Including but not limited to MCCs 3501 to 3840)
• MCC 7999 – Recreational Services (Aircraft, bicycle, and motorcycle rental)
• MCC 4457 – Boat Rentals and Leasing
• MCC 7296 – Clothing Rental (Costumes, uniforms, and formal wear)
• MCC 4411 – Steamship and Cruise Lines
• MCC 7394 – Equipment, Tool, Furniture, and Appliance Rental and Leasing
• MCC 4789 – Transportation Services
• MCC 7519 – Motor Home and Recreational Vehicle Rentals
• MCC 7033 – Trailer Parks and Campgrounds

_{Updated December 15, 2025 | P2025.1574a
Published October 15, 2025 | P2025.1574}

On October 18, 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 in certain markets, similar to the current values. 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 October 15, 2025 | P2025.0648}

On October 17, 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 October 15, 2025 | P2025.0651}

On October 18, 2025, Visa will reduce their Small Merchant Electronic¹ fee program rate² applicable to domestic purchase and credit voucher transactions for core consumer credit products (Visa Classic, Visa Gold, and Visa Platinum).

Table – Updated Visa Small Merchant Electronic Fee Interchange Program

<sub>1. May be referred to as Small Merchant Card Present in previous documentation.
2. Rate is also applicable to eligible small merchants with MCCs from the following segments (in addition to the Electronic Fee Program): Industry - Gas, Industry - Grocery and Food Retail, Everyday Needs - Restaurant, and Everyday Needs – Other.
Note: 
- You have the right to terminate your agreement without penalties by December 27, 2025.
- In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{Published September 15, 2025 | P2025.1627, P2025.1617}

On October 17, 2025, Visa will allow travel intermediaries to use non-travel MCCs in Visa Commercial Choice (VCC) Travel¹ transactions. The usual VCC fees will apply and there will be no changes to the existing interchange fees.  

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

_{Published September 15, 2025 | P2025.0644}

On October 17, 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 September 15, 2025 | P2025.0649}

On October 17, 2025, Visa will allow cardholders to use Visa Debit mobile wallet credentials for in-store payments by providing them with a single wallet credential that works across all payment channels.

If your payment system is managed by a third-party payment processor, please contact them to ensure they are certified to send Visa Debit card present transactions to Chase.

If you are not enabled to accept Visa Debit, or would like to disable Visa Debit, please call your JPMorganChase representative.

Visa is updating their Visa Commercial Choice (VCC) Travel¹ fee on October 1, 2025. This fee applies to all eligible domestic transactions as shown below, and will not affect VCC Travel intraregional and interregional transactions.

Table – Updated Visa Commercial Choice Travel fee

<sub>Notes:
-  Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment networks are subject to the goods and services tax and harmonized sales tax (GST/HST).
- You have the right to terminate your agreement without penalties by December 10, 2025.
1. The Visa B2B Virtual Payments Program has been renamed to Visa Commercial Choice Travel Program.</sub>

_{Published August 15, 2025 | P2025.1600}

Beginning September 1, 2025, a non-compliance fee of 0.0904% will be charged on settled cardholder-initiated card-not-present transactions where the authorization-to-clearing date is greater than 10 days. This fee is in addition to any existing Processing Integrity fees or possible dispute impacts.

This fee may be avoided by taking the below actions:

• Submit deposits within 10¹ days from the authorization date. To get the best interchange rates, it is recommended to submit your deposits within 7 days.
• Reverse the original authorization and obtain a new one if a transaction is not completed within a 10-day approval time frame.

Take note that incremental authorizations are only allowed when the initial authorization is submitted as an estimated authorization. A 0.0226% fee applies to estimated and incremental authorizations.

<sub>Note:
- Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment networks are subject to the goods and services tax and harmonized sales tax (GST/HST).
1. Except for lodging, cruise lines, and vehicle rental agencies. These industries have 30 days to clear transactions before this fee is assessed if the initial authorization is submitted and properly identified as an estimated authorization.</sub>

_{Published July 31, 2025 | P2024.1837a}

Visa is extending their advisory period for the Visa Acquirer Monitoring Program (VAMP) enhancements until September 30, 2025. During the advisory period, you must continue to monitor fraud and dispute metrics and improve risk controls where necessary prior to VAMP enforcement on October 1, 2025. To avoid potential fines under VAMP, please consult your JPMorganChase representative for advice on risk improvement measures and for more information on Visa's monitoring thresholds.

_{Published July 15, 2025 | P2025.0593}

Please visit our Developer Center for Visa’s updated 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 September 15, 2025 | P2025.1593}

Update: The Visa Smart Debit/Credit (VSDC) Certificate Authority (CA) 1408-bit public key must be removed from all terminals by July 1, 2025 to prevent transaction processing failures.

Visa has extended the expiration date of the Visa Smart Debit/Credit (VSDC) Certificate Authority (CA) 1984-bit public key to December 31, 2034 as shown in the below table. The expiration date of the 1408-bit public key remains the same.

Visa has extended the expiration date of the Visa Smart Debit / Credit (VSDC) Certificate Authority (CA) keys for the 1984-bit public key.

Please reach out to your point-of-sales (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enciphered PIN contain Visa public keys with the updated expiration dates shown below. Take note to not use expired keys or keys past their expiration date.

Table – Visa Extended Expiration Date for VSDC CA Keys

_{Updated June 13, 2025 | P2025.0233
Updated December 13, 2024 | P2024.1949
Published  November 15, 2024 | P2022.1122}

Starting May 25, 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.

Please ensure to comply with the allowed number of retry attempts to avoid transaction declines.

_{Published May 15, 2025 | P2024.2594}

Reminder: Eligibility for the Small Merchant Interchange program is determined by Visa based on the criteria mentioned below.

Starting April 11, 2025, new rates will apply to Visa’s Small Merchant Interchange Program. Please note that businesses with an annual processing volume not exceeding $300,000 will qualify for the program. If your business qualifies, this change will be reflected on your April 2025 statement.

Transactions that include a stated credit card surcharge are not eligible for this program.

Table 1 – Visa new Small Merchant Electronic Fee program¹ rates

Table 2 – Visa new Small Merchant Card Not Present – Token Fee program rates

Table 3 – Visa new Small Merchant Card Not Present – Non-Token Fee program rates

_{1. Transactions under the following MCCs will also be eligible for the Small Merchant Electronic Fee Program: Industry – Gas, Industry – Grocery and Food Retail, Everyday Needs – Restaurant, Everyday Needs – Other.}

_{Updated May 15, 2025 | P2023.2234
Updated March 14, 2025 | P2023.2234
Updated October 15, 2024 | P2023.2234
Published July 15, 2024 | P2023.2234; P2024.0668}

Effective April 12, 2025, Visa will modify select prepaid and credit domestic interchange rate programs products as shown in the tables below.

Table 1 – Modified Visa Consumer Prepaid Interchange Rate Program for Visa Classic Prepaid, Visa Gold Prepaid and Visa Platinum Prepaid Products

Table 2 – Modified Visa Commercial Prepaid Interchange Rate Program for Visa Business Prepaid, Visa Corporate T&E Prepaid, Visa Purchasing Prepaid and Visa Commercial Choice Travel Prepaid Products

Table 3 – Modified Visa Business Credit Interchange Rate Program

Table 4 – Modified Visa Infinite Business Credit Interchange Rate Program

Table 5 – Visa Infinite Business Credit Interchange Program New Rate

_{Published January 10, 2025 | P2024.1336, P2024.1992, P2024.1387}

Effective April 12, 2025, Visa’s Reporting and Data Transfer fee of $0.0004 will be assessed for each sale transaction in an effort to promote transparency around the cost of service. This is in line with Visa’s continuing assessment of reporting, infrastructure and data transfer fees, based on merchant processing activity, and is the first time we are passing this fee to clients.

_{Note: Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).}

_{Published January 10, 2025 | PBI24.0009}

Effective April 1, 2025, Visa’s Original Credit Transactions (OCT) fee will be updated, as shown below, and the MAX value will be removed. All transactions will be charged the same fee.

Table – Visa Original Credit Transaction Fee 

_{1. Any items billed to Chase Paymentech by the payment brands in U.S. dollars will be converted and billed to clients in Canadian dollars.}

_{Published December 13, 2024 | P2022.1140}

Update: This communication applies to receiving the new response codes in authorization requests.

On April 11, 2025, Visa will introduce the following new response codes under category 2:

1. Transaction not supported/blocked by Issuer.

2. Blocked by cardholder/contact cardholder.

Please refer to the “Authorization Retry Strategy - Orbital, Stratus, and Tandem Supplemental Guide” in our Developer Center to avoid system failures and to ensure your systems are able to receive the new authorization response codes.

_{Updated May 15, 2025 | P2024.1963
Published March 14, 2025 | P2024.1963}

Effective April 1, 2025, the ANG/532 (Netherlands Antilles Guilder) domestic currency for Curaçao and Sint Marten will be converted to the new domestic currency, XCG/532 (Caribbean Guilder) by Visa. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published January 10, 2025 | P2024.2017, P2024.1198}

On April 16, 2025, initial authorizations for fixed amounts will only be permitted at AFDs. If you use non-AFD MCCs, you can use estimated and incremental authorizations instead.

_{Published December 13, 2024 | P2022.1437a}

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.

Visit our Developer Center for the complete specifications required to be compliant with this change.

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

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

Starting July 31, 2025, Visa will no longer honor the following tokenized standing instruction merchant-initiated transactions (MIT) that are sent with a newly generated device token, and 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 August 1, 2025.

To avoid any 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 April 15, 2025 | P2025.0360
Updated December 13, 2024 | P2024.0093
Updated June 15, 2024 | P2024.0093
 Updated December 15, 2023 | P2023.2173
Published August 15, 2023 | P2021.1134a}

On April 1, 2026, Mastercard will modify domestic interchange rates and fee names as shown below.

Table 1 – Updated Mastercard consumer and commercial credit domestic interchange rates

Table 2 – Updated Mastercard consumer and commercial credit domestic interchange rates and fee names

_{Note: You have the right to terminate your agreement without penalties by June 10, 2026.}

_{Published February 13, 2026 | P2025.3089}

Mastercard is introducing new time-based authorization validity value fees for cleared final authorization transactions in phases, as shown below.

Table – Mastercard time-based authorization validity value fees

<sub>Notes:
- You have the right to terminate your agreement without an Early Termination Fee by May 25, 2026.
- In accordance with the Code of Conduct for the Payment Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

<sub>1. As a result of the June 2023 amendment to the Excise Tax Act, services provided by Payment Network Operators are subject to Goods and Services/Harmonized Sales Tax (“GST/HST”). This GST/HST is unrecoverable to CPSI and as such, this will be reflected as an increased cost of processing.
PCNO Fee = services provided by Payment Card Network Operators (PCNO)
2. Clearing transactions submitted between 72 hours and 168 hours after the authorization.
3. Clearing transactions submitted between 24 hours and 72 hours after the authorization.</sub>

_{Published February 13, 2026 | P2025.1059}

Starting March 31, 2026, Mastercard will update their transaction processing requirements for outbound transactions made with cards issued in Mainland China, as outlined in the tables below. These changes, which are enforced at the Authorization request stage and will now also be reinforced at the clearing stage, are designed to ensure compliance with Mainland China’s regulatory standards and may impact how certain transactions are processed.

Table 1 – Prohibited or invalid card acceptor business codes (MCCs) for which all transactions will be rejected

Table 2 – Restricted or invalid MCCs for which transactions more than 5,000 USD will be rejected

_{Published January 15, 2026 | P2025.3056}

Update: On February 2, 2026, the previously excluded Digital Enablement fee will also be assessed on card-not-present transactions declined for insufficient funds (Response code 51).

Effective November 3, 2025, Mastercard removed the current maximum cap of 0.20 USD for transactions equal to or exceeding 1000 USD. There’s no change for transactions less than 1000 USD.

Table – Mastercard Digital Enablement Fee Update

<sub>Notes:
- Any items billed in U.S. dollars to JPMorganChase by the payment brands will be converted and billed to clients in Canadian dollars.
- You have the right to terminate your agreement without penalties by April 26, 2026.
- In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.
1. As previously notified, due to the June 2023 amendment to the Excise Tax Act, services provided by Payment Network Operators are subject to Goods and Services/Harmonized Sales Tax (“GST/HST”). This GST/HST is unrecoverable to CPSI and, as such, this will be reflected as an increased cost of processing.
PCNO Fee = services provided by Payment Card Network Operators (PCNO).</sub>

_{Updated January 15, 2025 | P2025.1775a
Published September 15, 2025 | P2025.1775}

On 1 January 2026, Mastercard will revise their Transaction Processing Excellence (TPE) program pricing as follows:

Table – Mastercard Updated TPE Program Pricing

<sub>Notes:
- Any items billed in U.S. dollars to JPMorganChase by the payment brands will be converted and billed to clients in Canadian dollars.
- You have the right to terminate your agreement without an Early Termination Fee by March 12, 2026.
-  In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{1. As previously notified, due to the June 2023 amendment to the Excise Tax Act, services provided by Payment Network Operators are subject to Goods and Services/Harmonized Sales Tax (“GST/HST”). This GST/HST is unrecoverable to CPSI and as such, this will be reflected as an increased cost of processing and has been included in the above amounts.} 

_{Published November 14, 2025 | P2023.0840b}

Starting January 1, 2026, Mastercard will amend their Merchant Advice Code (MAC) Transaction Processing Excellence criteria. The amendment will no longer include the same amount condition in a transaction, and the MAC fee will continue to be assessed on transactions that meet the following criteria:

• Received a MAC of:
  • 03 – account closed or fraudulent
  • 21 – cardholder-requested block
• And made on the same card at the same merchant, within the past 30 days, regardless of the transaction amount.

_{Published November 14, 2025 | P2024.2559}

In 2026, Bulgaria will adopt the euro as their national currency. This change will affect transactions outlined below.

_{Published October 15, 2025 | P2025.1973}

Effective November 4, 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 October 15, 2025 | P2025.0809}

On November 1, 2025, Mastercard will update their Credential Continuity Program rate, applicable to each recurring payment transaction using outdated credentials.

Table – Mastercard Credential Continuity Program Updated Rate

_{1. Reflects the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment networks to Chase are subject to the goods and services tax and harmonized sales tax (GST/HST).}

<sub>Notes:
- Any items billed in U.S. dollars to JPMorganChase by the payment brands will be converted and billed to clients in Canadian dollars.
- You have the right to terminate your agreement without penalties by January 10, 2026.
- In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{Published September 15, 2025 | P2025.0821}

Merchants with sales of online gift cards as their primary activity are now permitted to use MCC 6051 (Quasi Cash) as purchase transactions, following Mastercard’s revision of their standards.

They may still use MCC 6540 for funding transactions, but it must be coded with the approriate Transaction Type Identifier (TTI) values and additional transaction reference data.

To avoid potential data integrity fines, please visit our Developer Center for the complete specifications for funding transactions. You may also contact your JPMorganChase representative for more information.

_{Published October 15, 2025 | P2025.1967}

On October 18, 2025, Mastercard will introduce interchange rates for the Mastercard Wholesale Travel Program (MWP) for global and intraregional transactions in the U.S. region. The program allows negotiations between B2B travel buyers and suppliers, and other features to support the needs within the travel sector.

Table 1 – Mastercard Wholesale Travel Global Interchange Rates

Table 2 – Mastercard Wholesale Travel Intraregional U.S. Interchange Rates

<sub>Note:
- You have the right to terminate your agreement without penalties by December 27, 2025.
- In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{Published September 15, 2025 | P2025.0822}

On October 17, 2025, Mastercard will revise the following standards:

• 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.
• Response code restrictions. If any of the following response codes are received in the issuer’s authorization response for a merchant-initiated CNP transaction, do not make additional authorization requests for the same transaction with the same account information (PAN and expiration date combination) at any time:
  • 04 (Capture card)
  • 14 (Invalid card number)
  • 15 (Invalid issuer)
  • 41 (Lost card)
  • 43 (Stolen card)
  • 54 (Expired card)
• Resubmission strategy. The authorization resubmission strategy for MITs must consider both the decline reason code and MAC, as shown below:

Table – Mastercard Authorization Resubmission Strategy for MITs

Please visit our Developer Center for the complete specifications.

_{Published September 15, 2025 | P2025.0437}

A 0.113% Non-Local Currency fee will be introduced on October 13, 2025 by Mastercard. This applies when merchants choose to settle transactions in currencies other than their domestic currency.

<sub>Notes:
-  Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment networks are subject to the goods and services tax and harmonized sales tax (GST/HST).
- You have the right to terminate your agreement without penalties by December 22, 2025.
- In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{Published August 15, 2025 | P2025.0100}

On October 18, 2025, Mastercard will modify the 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:

• Should be 3DS authenticated, or
• 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

_{Notes:
-  Any items billed in U.S. dollars to JPMorganChase by the payment brands will be converted and billed to clients in Canadian dollars.
-  You have the right to terminate your agreement without an Early Termination Fee by December 27, 2025.}

_{Published August 15, 2025 | P2025.0168}

Mastercard will require an online authorization for all refund transactions submitted for clearing starting October 1, 2025. This excludes refunds conducted by airlines (MCCs 3000 through 3350 and MCC 4511), contactless aggregated transit transactions, and commercial card transactions.

_{Published June 13, 2025 | P2025.0302}

On September 15, 2025, Mastercard will introduce their MC Acquirer Clearing fee that applies to all clearing transactions including purchases, refunds, first chargebacks, re-presentments, and arbitration chargebacks.

Table – Mastercard Acquirer Clearing Fee

The fee does not apply to transactions that qualify for the Global Wholesale Travel Transaction program.

<sub>Notes:
- Any items billed in U.S. dollars to JPMorganChase by the payment brands will be converted and billed to clients in Canadian dollars.
- Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment networks are subject to the goods and services tax and harmonized sales tax (GST/HST).
- You have the right to terminate your agreement without an Early Termination Fee by November 24, 2025.</sub>

_{Published July 15, 2025 | P2024.2551b}

On September 1, 2025, all card issuers in Asia Pacific are mandated by Mastercard to decline all chip to magnetic stripe fallback transactions. This does not apply to transactions acquired within the United States.

_{Published June 13, 2025 | P2025.0440}

Mastercard has expanded geographic availability to include Canada in their revised standards for the following domestic Account Funding Transactions (AFTs):

• Transfer Funds to Own Securities Account
• Transfer Fiat Currency Funds to Own Cryptocurrency Account
• Transfer Funds to Own Gaming and Gambling Account/Wallet

To avoid non-compliance and potential fines from Mastercard, it is recommended to refrain from using purchase transactions for the above AFTs.

Please visit our Developer Center for the complete requirements and specifications on these transactions.

_{Published September 15, 2025 | P2025.0840}

Update: Mastercard has extended the 1984-bit Payment System public key expiration date to December 31, 2035, as shown in the table below.

The 1408-bit Payment System public key must be removed from all terminals by July 1, 2025 to prevent transaction processing failures.

The 1984-bit Payment System public key expiration date has been extended to December 31, 2034 by Mastercard. The 1408-bit public key expiration date remains the same.

Reach out to your point-of-sale (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enciphered PIN contain public keys with the updated expiration dates. Please do not use keys past their expiration date.

Table – Mastercard, Maestro and Cirrus Extended Expiration Date for the Payment System Public Key

_{Updated December 15, 2025 | P2024.1842u1
Updated June 13, 2025 | P2024.1842
Published February 14, 2025 | P2024.1842}

Effective July 1, 2025, Mastercard will update their assessment fee, with the first billing in October 2025.

Table – Revised Mastercard assessment fee

_{Note: Fees include the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).}

_{You have the right to terminate your agreement without an Early Termination Fee by September 9, 2025.}

_{Published May 15, 2025 | P2024.2551}

Effective July 1, 2025, Mastercard will update their Wholesale Travel Program fee.

Table – Updated Mastercard Wholesale Travel Program fee

_{Note: Fees include the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).
You have the right to terminate your agreement without an Early Termination Fee by September 9, 2025.}

_{Published April 15, 2025 | P2024.2571} 

On July 11, 2025, Mastercard will introduce InControl clearing controls for cards enrolled by their issuing banks. To avoid deposit rejects under InControl, please ensure that the merchant category codes (MCCs) and transaction amounts match in both submission and approved authorization.

_{Published June 13, 2025 | P2024.2032}

Mastercard will introduce the following new decline response codes on June 3, 2025:

1. Closed account - when a card issuer or cardholder permanently closes a credential, or underlying account, and no further authorization requests will be approved.

2. Account not yet activated - when an authorization request is received but cannot be approved because the account has not been activated (e.g. a newly issued account).

To avoid system failures, please refer to the “Authorization Retry Strategy – Orbital, Stratus, and Tandem Supplemental Guide”, appendix B in our Developer Center and make sure you are able to receive the new authorization decline response codes, and their corresponding values to your systems.

_{Published May 15, 2025 | P2024.2031}

Reminder: Eligibility for the Small Business Interchange program is determined by Mastercard based on the criteria mentioned below.

Starting May 1, 2025, new rates may apply to Mastercard’s Small Business Interchange program, and you’ll see this change in your May 2025 statement. Businesses with an annual processing volume not exceeding $175,000 will qualify for the program. This change is a result of Mastercard’s yearly program eligibility review.

Table – Mastercard Small Business program rates

_{Updated May 15, 2025 | P2024.0061
Updated March 14, 2025 | P2024.0061
Published July 15, 2024 | P2024.0061}

On May 12, 2025, Mastercard will generate Mastercard Digital Enablement Service (MDES) static tokens along with cloud tokens to support Click to Pay payments with the following benefits:

• Lessen the use of funding primary account numbers (PANs)
• Allows you to reduce instances of PAN data transmission for guest checkout transactions

If you currently do not support cloud tokens or DSRP-based checkout transactions in Click to Pay, Mastercard will provide static tokens in place of the cardholder’s PAN. A single-use dynamic token verification code (DTVC) may accompany these credentials during payment authorization.

_{Published April 15, 2025 | P2024.2355}

On May 1, 2025, Mastercard will introduce edit criteria to the fields listed below under their Data Integrity Monitoring Program (DIMP). Please note that sending non-compliant fields in deposit transactions submitted to the bank will be subjected to Mastercard’s DIMP fees. To avoid this fee, visit our Developer Center.

Table – New Mastercard Requirements for DIMP Travel Addendum Data

_{1. Mastercard defines airline travel transactions if the MCC is 4511 or between 3000-3350.}

_{Published February 14, 2025 | P2024.0259}

Beginning May 1, 2025, merchants utilizing a Merchant Payment Gateway (MPG)¹ will be required to send the MPG Identifier (MPG ID) for Mastercard card-not-present authorizations and non-financial transactions (e.g., account verification and balance inquiry) to avoid non-compliance fees. Mail order/telephone order (MOTO) authorizations are exempt from this.

In preparation for future compliance mandates, Mastercard recommends including the MPG ID on card-present authorizations as well.

Please work with your vendor/service provider to ensure the MPG ID field is populated in authorizations prior to May 1, 2025. Please refer to the Developer Center for current Chase technical specifications.

_{1. An MPG is a Mastercard registered service provider that captures and sends transaction data to an acquirer, on behalf of a merchant, for processing. The MPG ID is a unique ID provided by Mastercard for each registered MPG. With the MPG ID, merchants will benefit from higher approval rates, lower fraud, and improved compliance with Mastercard Standards.}

_{Published December 13, 2024 | 2022.1533, P2022.0738, P2022.1244}

On April 12, 2025, Mastercard’s Flex Program, together with new product codes and interchange rates will be put into effect. This is a global commercial credit program that will help businesses expedite business-to-business (B2B) payments with convenience and security through Virtual Card Number (VCN) technology. The program rate is 0.113% per settled transaction and is effective starting April 14, 2025. Interchange rates will also apply under this new program, shown in Table 4. 

To qualify for this program, transactions must meet the following criteria:

• Transaction should originate from one of the listed product codes in Table 1
• The merchant must be in one of the supported countries in Table 2
  • Cross-border transactions will be permitted between these countries
  • Domestic transactions will also be allowed in these countries except for Poland and Switzerland
  • All transactions outside these permitted countries will be blocked. Please refer to the decline reason codes in Table 5 
• Mastercard has also introduced transaction thresholds for certain countries. Transactions on card issued from these countries will be declined (Table 5 for decline reason codes) for amounts lower than the threshold in Table 3
• Transaction thresholds also apply for certain countries. Transactions on card(s) issued from these countries will be declined (decline reason codes shown in Table 5) for amounts lower than the threshold in Table 3)

Table 1 – Mastercard Commercial B2B Interchange Program Product Codes

Table 2 – Mastercard Flex Program Supported Countries

Table 3 – Mastercard Flex Program Country Transaction Threshold

Table 4 – Mastercard Flex Program Interchange Rates¹

Table 5 – Mastercard Flex Program Decline Reason Codes

Please visit our Developer Center for the complete Authorization Retry Strategy specification required on specific mapping of decline reason codes. 

_{1. Interchange rates for these product codes will be announced at a later date: WAZ, WBA, WBB, WBC, WBD, WBF, WBG, WBH, WBI, WBJ, WBK and WBL.}

_{Published January 10, 2025 | P2024.1492,  P2024.1496}

Effective April 12, 2025, Mastercard’s Reporting and Data Transfer fee of $0.0020 will be assessed for each sale transaction in an effort to promote transparency around the cost of service. This is in line with Mastercard’s continuing assessment of reporting, infrastructure and data transfer fees, based on merchant processing activity, and is the first time we are passing this fee to clients.

_{Note: Includes the impact of the June 2023 Excise Tax Act amendment in which certain services provided by payment network operators are subject to the goods and services tax and harmonized sales tax (GST/HST).}

_{Published January 10, 2025 | PBI24.0008}

Update: The effective date of this change has been moved to April 30, 2025 by Mastercard.

Effective April 23, 2025, with Virtual Reality headsets now supported by Mastercard Digital Enablement Service (MDES), the device type value or form factor for Virtual Reality headset/s, or glasses will be replaced to 34 from 99.

Please visit our Developer Center for the complete specifications.

_{Updated May 15, 2025 | P2023.2426u2
Published March 14, 2025 | P2023.2426a}

On April 21, 2025, Mastercard will enable 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 both Cloud tokens in Apple Pay transactions, please contact Apple Pay for the complete specifications of Companion Cloud tokens and Recurring Payment Cloud token.

_{Published April 15, 2025 | P2024.2614, P2025.0177}

On April 1, 2025, Mastercard will require the presence of tag 9F34 in all EMV (card-present or card-not-present) authorization and clearing messages. This tag provides indication to the terminal of the cardholder verification method (CVM) used for the transaction (for example, offline PIN, online PIN or signature).

To prevent possible non-compliance fees under Mastercard’s Data Integrity Monitoring Program (DIMP), visit our Developer Center for the specifications required to update your Chase-provided terminals or contact your terminal provider.

_{Published March 14, 2025 | P2024.1846}

Update: Mastercard reduced their second presentment file requirement to just the file size not being more than 8.5 MB for all attachments. Other requirements previously communicated no longer apply.

Starting April 11, 2025, Mastercard will allow the following documents to be submitted under their second presentment options when goods were delivered to or picked up by the cardholder.

• Photo proof that the goods were delivered to the address specified by the cardholder
• Documentation that a QR Code, PIN, or similar one-time use passcode was sent to an email address or phone number specified by the cardholder and was subsequently used to access a physical mailbox or merchandise locker where goods were delivered

Additionally, Mastercard will require that documents for all second presentment follow the outlined requirements.

Table – Mastercard updated second presentment file requirement

_{Updated  21 April 2025 | P2025.0047
Published March 14, 2025 | P2025.0047}

Effective March 31, 2025, the ANG/532 (Netherlands Antilles Guilder) domestic currency for Curaçao and Sint Marten will be updated to the new domestic currency, XCG/532 (Caribbean Guilder) by Mastercard. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published January 10, 2025 | P2024.1578}

Starting March 1, 2025, a null or blank Business Application Identifier (BAI) field for funding transactions may be assessed a non-compliance fee. To prevent this, make sure to provide a valid identifier on the BAI field for all transactions under the following merchant category codes:

• 4829 (Money Transfer)
• 6538 (Funding Transaction for MoneySend)
• 6540 (Funding Transactions)

Please visit our Developer Center for the complete specifications required on these data integrity monitoring edits. 

_{Published December 13, 2024 | P2022.0739a}

Bulgaria will adopt the euro as their national currency in 2026. This change will affect the transactions outlined below.

_{Published January 15, 2026 | P2025.2868}

Effective July 16, 2025, changes to authorized amounts on American Express transactions may be done by using the following variable authorizations before submitting the transaction:

• Estimated authorizations – allows you to obtain an authorization when the final amount is unknown
• Incremental authorizations – allows you to request an increase in the amount of a previously approved estimated and/or incremental authorization
• Partial reversals – allows a partial reversal for a previously approved estimated and/or incremental authorization

Visit our Developer Center for the complete specifications required to utilize these changes. You may also contact your JPMorganChase representative for more information.

_{Published July 15, 2025 | P2023.1893}

Update: The 1408-bit RSA Certification Authority (CA) public key must be removed from all terminals by July 1, 2025 to prevent transaction processing failures.

The 1984-bit RSA Certification Authority (CA) public key expiration date has been extended to December 31, 2034 by American Express. The 1408-bit public key expiration date remains the same.

Reach out to your point-of-sale (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enciphered PIN contain public keys with the updated expiration dates. Please do not use keys past their expiration date.

Table – American Express Extended Expiration Date for the RSA Certification Authority Public Key

_{Updated June 13, 2025 | P2024.2097
Published February 14, 2025 | P2024.2097}

On March 31, 2025, the ANG/532 (Netherlands Antilles Guilder) domestic currency for Curaçao and Sint Marten will be updated to the new domestic currency, XCG/532 (Carribbean Guilder) by American Express. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published March 14, 2025 | P2025.0400}

Starting January 1, 2026, Discover will require all cards to be compliant with D-Payment Application Specification (D-PAS) Connect. Ensure that your contactless D-PAS terminals have the correct terminal transaction qualifier (TTQ) to avoid terminated transactions. Discover will also discontinue support for offline plaintext PIN (OPTP).

In addition, by December 31, 2025, contactless terminals must cease supporting Zip or CTL-MSD transactions and be updated to support EMV contactless payments. D-PAS Connect transactions will fail if terminals only support CTL-MSD or Zip.

Please visit our Developer Center for the full D-PAS details. If your POS is managed by a third-party provider, please contact them to ensure compliance.

_{Published October 15, 2025 | P2025.1633}

On March 31, 2025, the domestic currency for Curaçao and Sint Marten will be updated to XCG/532 (Caribbean Guilder) from ANG/532 (Netherlands Antilles Guilder) by Discover. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published March 14, 2025 | P2025.0319}

Bulgaria will adopt the euro as their national currency in 2026. This change will affect the transactions outlined below.

_{Published January 15, 2026 | P2025.3181}

Starting November 1, 2025, Interac will increase their debit switch fee as shown in the table below.

Table – Updated Interac Switch Fee

<sub>Note:
- You have the right to terminate your agreement without penalties by January 10, 2026. 
- In accordance with the Code of Conduct for the Payment Card Industry in Canada, the full impact of the change is reflected in your updated pricing.</sub>

_{Published September 15, 2025 | P2025.1016}

Update: The 1408-bit Root Certificate Authority (CA) public key must be removed from all terminals by July 1, 2025 to prevent transaction processing failures.

The 1984-bit Root Certificate Authority (CA) public key expiration date has been extended to December 31, 2035 by UnionPay International. The 1408-bit public key expiration date remains the same.

Reach out to your point-of-sale (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enciphered PIN contain public keys with the updated expiration dates. Please do not use keys past their expiration date.

Table – UnionPay Extended Expiration Date for the Root CA Public Key

_{Updated June 13, 2025 | P2024.0007
Published February 14, 2025 | P2024.0007}

Update: The 1408-JCB/Certification Authority (CA) public key must be removed from all terminals by July 1, 2025 to prevent transaction processing failures.

The 1984-bit JCB/Certification Authority (CA) public key expiration date has been extended to December 31, 2034 by JCB International. The 1408-bit public key expiration date remains the same.

Reach out to your point-of-sale (POS) service provider to ensure that all terminals supporting Offline Data Authentication or Offline Enciphered PIN contain public keys with the updated expiration dates. Please do not use keys past their expiration date.

Table – JCB Extended Expiration Date for the JCB/CA Public Key

_{Updated June 13, 2025 | P2023.2284
Published February 14, 2025 | P2023.2284}

Pre-authorization transactions are restricted on the following merchant category codes (MCCs):

• 7995 (Betting, including Lottery Tickets, Casino, Gaming Chips, Offtrack Betting, and Wagers are Racetracks)
• 6051 (Non-Financial Institutions – Foreign Currency, Money Orders (Not Wire Transfer), Stored Value Card/Load, and Travelers Cheques)
• 7802 (Government Licensed Horse/Dog Racing)
• 4829 (Wire transfer money orders)
• 6050 (Quasi Cash-Member Financial Institution)
• 7801 (Government Licensed Casinos [Online Gambling])

Interac will also update their Operating Regulations to clarify that the pre-authorization functionality will only be used in debit transactions where the final purchase amount is not known.

These changes are in response to issues where self-serve terminals have allowed multiple pre-authorizations from accounts with insufficient balance. Currently, card issuers must honor all pre-authorization completions, even if those exceed the account balance.

_{Published July 15, 2025 | P2024.1365}

Effective April 1, 2025, the ANG/532 (Netherlands Antilles Guilder) domestic currency for Curaçao and Sint Marten will be updated to the new domestic currency, XCG/532 (Caribbean Guilder) by UnionPay. This change is in accordance with the Central Bank conversion, and there will be no changes to the ISO Number (532) or minor units.

_{Published Janaury 10, 2025 | P2024.2115}