Mastercard Interchange Rates - World Elite Business Data Rate Ii

World Elite Business Data Rate II

  • Interchange: 2.42% + $0.10

World Elite Business Data Rate II is the MasterCard Interchange Fee for a world elite business / rewards credit transaction submitted with Level II Data.

Primary Qualifications:

  • Single electronic authorization, transaction settled within 2 days of authorization, Banknet reference number and Banknet date required in clearing transaction, accepted at a non-T&E location.
  • Valid Federal Taxpayer Identification number is required.
  • Commercial Card accepted at a non-T&E location.
  • 635 Purchasing Card Format 1 addendum record with merchant street address, postal code, merchant state/province code, tax ID number, merchant type code, tax amount, customer code.
  • Sales tax cannot be zero and must be between 0.1% and 30% of the transaction amount. Unless MCC 4111, 4131, 4215, 4784, 8211, 8220, 8398, 8661, 9211, 9222, 9311, 9399, 9402, which can send 0.00 for sales tax.
  • 4111 Commuter Transportation/Ferry
  • 4131 Bus Lines
  • 4215 Courier Services
  • 4784 Toll and Bridge Fees
  • 8211 Elementary and Secondary Schools
  • 8220 Colleges/Universities
  • 8398 Charitable Organizations
  • 8661 Religious Organizations
  • 9211 Court Costs
  • 9222 Fines
  • 9311 Tax Payments
  • 9399 Government Services
  • 9402 Postal Services – Government Only