Update: Beginning October 18, 2024, the new Authorization Characteristics Indicator (ACI) value of D (EDQP transaction (not CPS)) will be supported in all transactions.
Effective October 1, 2024, Visa will require all regions to retain and return all common key data elements in clearing transactions. This includes a new data element called Account Funding Source shown in the table below.
In addition, beginning October 18, 2024, the new ACI value of D (Electronic Data Quality Program (EDQP) transaction (not CPS)) will be supported in all transactions.
Contact your service provider if your system is not supported by Chase to ensure that the account funding source is retained in authorization and returned in clearing.
Please comply with these requirements to avoid reclassification and result to a different interchange rate or fee.
Table – Visa Required Common Data Elements in Clearing Transactions
Data Element
|
Description
|
Account Number
|
Payment credential presented in transaction
|
Authorized Amount
|
Amount presented in the authorization response
|
Authorization Code
|
Authorization result
|
Authorization Characteristics Indicator (ACI)
|
Assigned by Visa in authorization
|
Authorization Response Code
|
Approved response code
|
Authorization Currency Code
|
Currency of the authorization
|
Account Funding Source (AFS)1
|
Funding source type associated with payment credential
|
Cardholder Identification (ID) Method
|
Type of ID used to identify the cardholder
|
Cashback Amount
|
Contains the purchase cashback amount expressed in the acquirer transaction currency
|
Market-specific Authorization Data Indicator
|
Identifies the industry for which market-specific data has been provided
|
Merchant Category Code
|
Merchant designation of goods or services sold
|
POS Entry Mode
|
Method used to capture the payment credential
|
Product ID
|
Visa product identifier associated with transaction value
|
Transaction Identifier
|
Unique Visa assigned identifier used to link authorization, clearing, and dispute transactions
|
Validation Code
|
Unique cryptographic result used to ensure data between authorization and clearing has not been modified
|
Electronic Commerce Indicator (ECI)/MOTO Indicator2
|
Indicates the type of transaction performed by mail order, telephone or electronic commerce
|
Spend Qualification Indicator
|
Value assigned during authorization response to identify the spending categorization
|
POS Environment
|
Value that reflects the nature of the transaction
|
1. Account Funding Source is a newly added data element populated in the transaction response beginning October 2024.
2. Formal name is Mail/Phone/Electronic Commerce and Payment Indicator.
Updated September 15, 2024 | P2024.0623
Published July 15, 2024 | P2023.2332, P2023.2103, P2023.2050, P2023.1842, P2023.2096, P2024.0395, P2024.0623, P2023.2420