Corporate Face to Face – Petroleum

• Interchange Rate: 2.05% + $0.10

Corporate Face-to-Face – Petroleum is the MasterCard Interchange Fee for a commercial card type credit transaction accepted by a gas station or fuel dealer.

Primary Qualifications:

• Cardholder and card present, signature obtained, single electronic authorization, read & transmit complete magnetic stripe, transaction settled within 1 day of authorization, Banknet reference number and Banknet date, sales tax amount and customer code required in clearing transaction and includes 635 Purchasing Card Format 1 addendum record with merchant location zip code, merchant state/providence code.
• Valid Federal Taxpayer Identification number is required.
• Sic is 4468, 5499, 5983, 7511, 9752, 5541 or 5542.