High Value Key Entered
- Interchange: 2.50% + $0.10
High Value Key Entered is the MasterCard Interchange Fee for a high value rewards card type credit transaction.
- Cardholder and card present at time of authorization, signature obtained, single electronic authorization, transaction settled within 1 day of authorization, Banknet reference number and Banknet date required in clearing transaction.
- The sixth position of the approval code must be either an S” meaning participation in MasterCard High Value or “T” meaning participation in MasterCard High Value and MasterCard Product Graduation.